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Putin & Saudi Crown Prince Discuss Economic Ties

June 8, 2023
Putin & Saudi Crown Prince Discuss Economic Ties
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Saudi Crown Prince Mohammed bin Salman held a phone call with Russian President Vladimir Putin, as they discussed bilateral relations and means of developing cooperation in various fields.

“Both sides praised the level of cooperation within the OPEC+, which makes it possible to take timely and efficient steps in order to maintain the balance of oil demand and supply,” the Kremlin press office announced.

“The sides noted the importance of the agreements in this regard, achieved during the recent ministerial meeting in Riyadh,” the press office said.

Furthermore, the two leaders highlighted the need to increase trade and economic ties between Russia and Saudi Arabia and implement “perspective joint projects in investments, transportation logistics, and energy.”

They also reviewed the issue of ensuring stability across the global energy market, in addition to different aspects of the Russian-Saudi cooperation within other multilateral organizations.

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