Russia and Saudi Arabia agree to work together

On the sidelines of the G20 summit in China’s Hangzhou, Saudi Deputy Crown Prince Mohammad bin Salman and Russian President Vladimir Putin vowed to boost dialogue between both countries regarding bilateral ties and global challenge, reported Russia Today.

During the meeting, a particular point of potential cooperation was the current turmoil in Syria, according to Dmitry Peskov, the Russian president’s spokesman.

“There was an exchange of views on Syrian affairs, with both sides having their nuances regarding the assessment of the issue. Yet at the same time, let’s say, the will to intensify dialogue in all areas will probably be able to neutralize these differences,” said Dmitry Peskov.

Peskov noted that the mood of the discussion was a positive one.

“A very positive meeting: both sides expressed their interest in bringing bilateral relations, including economic, trade, investment and political ones to an advanced level. Riyadh expressed its willingness to address joint projects more specifically and intensify this process,” Peskov added.

According to a statement published on the Kremlin website, Putin said that without Saudi Arabia “no single serious question in the region can be resolved, and it is very important to maintain dialogue with Riyadh.”

In fact, Saudi Arabia together with Russia want to prevent a negative scenario from playing out in the Middle East, the Saudi deputy crown prince said Sunday at his meeting with President Vladimir Putin, on the margins of the G20 summit in China.

“We also want to spin the wheel of economic cooperation, and not simply ensure that it continues spinning but moves even faster than now,” the prince said, as quoted by Sputnik News and the Kremlin website.

According to Bloomberg, Saudi Arabia and Russia agreed to work together to ensure oil market stability even as leaders from the world’s two biggest crude producers stopped short of offering detailed proposals.

“Our countries are the two biggest oil producers, that’s why there can’t be a stable policy in the sphere of oil without the participation of Russia and Saudi Arabia”, Deputy Crown Prince Mohammed bin Salman said after his meeting with President Vladimir Putin.

Prince Mohammed made his comments three days after Putin said he’d like OPEC and Russia to agree to freeze crude supply to steady the market.

Putin also said that it is important for the two countries to “maintain a permanent dialogue.”