• Current Edition

Majalla Live

Saudi Minister Sees Deals with UK During Crown Prince’s Visit

Saudi Foreign Minister Adel al-Jubeir (L) sits with his British counterpart Boris Johnson as they tour the Nassif House in the historic quarter of Jeddah on January 25, 2018. (Getty)

London – Saudi Arabia expects to sign agreements with Britain covering a range of issues during Crown Prince Mohammed bin Salman’s visit to London this week, Foreign Minister Adel al-Jubeir said on Monday.

Britain’s planned exit from the European Union did not reduce its attractiveness as an investment destination, the minister told reporters, and he said he expected the crown prince’s visit to take bilateral relations to a higher level.

“Our relationship is so strong that the talks will be broad and wide ranging. There will be agreements and memorandums of understanding signed in a number of areas involving a broad range of issues,” he said during a media briefing at the Saudi embassy.

Al-Jubeir provided no further details on the agreements nor on the precise agenda for the crown prince’s visit. He declined to comment on any progress in plans to list giant oil firm Saudi Aramco and whether that might happen in London or New York.

Asked whether Britain’s departure from the EU, scheduled for March 2019, would affect Riyadh’s view of how attractive Britain is as an investment destination, al-Jubeir said: “We don’t think so. We think that Britain is one of the great powers.

“British ingenuity and British technology and British know-how is not going to change whether you’re part of the EU or not part of the EU.”


Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *