Mohammed bin Salman: Saudi-Russian energy cooperation to achieve stability

An archive photo: Prince Mohammed bin Salman meets with President Putin in Riyadh
An archive photo: Prince Mohammed bin Salman meets with President Putin in Riyadh

Saudi Crown Prince Mohammed bin Salman said Monday in a meetingwith Russian President Vladimir Putin that the cooperation of Saudi Arabia andRussia in the field of energy will achieve stability.

"We appreciate Russia's support for Yemen's territorial integrityand the need to reach a political solution," Mohammed bin Salman said in aspeech attended by the Russian president.

"Saudi Arabia agrees with Russia that all countries should abide bythe UN Charter," Mohammed bin Salman added.

For his part, the Russian president said "we have completed amechanism for the exchange of investments between Russia and Saudi Arabia".

"Russia and Saudi Arabia are cooperating to solve problems in the region and the world," Putin added.

Prince Mohammed bin Salman speaks to President Putin during the talks.

Crown Prince Mohammed bin Salman held talks with Russian PresidentVladimir Putin during which they reviewed aspects of Saudi-Russian relations,areas of bilateral cooperation, and discussed more promising opportunitiesbetween the two sides in various fields, including energy cooperation andinvestments in infrastructure, as well as cooperation in stabilizing energymarkets, so as to balance the interests of consumers and producers.

During the meeting, they reviewed a number of developments anddevelopments, especially the situation in the Syrian and Yemeni arena, and theimportance of combating extremism and terrorism and working to dry up itssources, in the presence of a number of officials from both countries.

Saudi Energy Minister Prince Abdul-Aziz bin Salman announced onMonday the signing of 20 agreements with Russia to develop many fields withRussia.

During the signing ceremony of agreements between Saudi Arabia andRussia in the presence of King Salman and President Putin, the ministerstressed that oil will remain in the foreseeable future an essential element inthe development of the world economy.

King Salman received the Russian President at Al-Yamamah Palace inRiyadh.

King Salman described the visit of Russian President Vladimir Putinas a great opportunity to consolidate the friendship between the two countries.

"Agreements between Russia and Saudi Arabia, especially in thefield of energy, will have positive effects," King Salman added.

For his part, Russian President, Vladimir Putin, said that SaudiArabia plays a pivotal role in the G20, stressing that Russian and Saudicoordination is important to ensure stability in the Middle East.

In an interview with Al Arabiya television, the Russian presidentpraised the long-standing historical relations between Russia and Saudi Arabiaand his quest to develop them.

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