Translation. Region: Russian Federal
Source: Government of the Russian Federation – Government of the Russian Federation –
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Meeting of Alexander Novak with the co-chairman of the Joint Russian-Saudi Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation, Minister of Energy of Saudi Arabia Prince Abdulaziz bin Salman Al Saud
Deputy Prime Minister of the Russian Federation Alexander Novak made a working visit to the Kingdom of Saudi Arabia. He met with the co-chairman of the Joint Russian-Saudi Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation, Minister of Energy of Saudi Arabia Prince Abdulaziz bin Salman Al Saud.
The participants discussed cooperation within the Joint Russian-Saudi Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation and the results of the implementation of the instructions of the co-chairs of the commission following the last meeting. The parties noted with satisfaction the recent opening of direct flights between the two countries, the signing of several memorandums of understanding in various areas, such as industry, education, media, as well as in terms of organizing the Hajj.
During the talks, the parties discussed prospects for increasing trade turnover and expanding cooperation in key economic sectors of mutual interest. The parties also discussed preparations for the ninth meeting of the intergovernmental commission, which will be held in Riyadh on November 6 this year.
Another topic of negotiations was the situation on the oil market and the prospects for cooperation between the two countries within OPEC.
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