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Saudi king, Putin agree deals on historic Russia trip

  

Category:  News & Politics

Via:  colour-me-free  •  9 years ago  •  1 comments

Saudi king, Putin agree deals on historic Russia trip

Russia is gaining influence in the Middle East .. meanwhile the US's administration is doing what at the moment?


Russia and Saudi Arabia announce large investment agreements and joint ventures to further cement relations.


Saudi Arabia   has signed preliminary   agreements   to buy S-400 air defence systems from   Russia , officials said, on the sidelines of King Salman's "landmark" visit to Moscow.

The agreement was announced on Thursday as Russian President   Vladimir Putin   hosted King Salman - the first sitting Saudi monarch to visit Russia - for talks at the Kremlin. 

Along with the S-400 anti-aircraft missiles, Saudi Arabia is also set to buy Kornet anti-tank guided missile systems and multiple rocket launchers under the deal.

These agreements are "expected to play a pivotal role in the growth and development of the military and military systems industry in Saudi Arabia," Saudi Arabian Military Industries (SAMI), the kingdom's military industries firm said.

OPINION: Decoding King Salman's visit to Moscow

King Salman led a delegation to Moscow that also agreed on joint investment deals worth several billion dollars, providing a much-needed financial boost for a Russian economy battered by low oil prices and Western sanctions.

On the political front, there was no sign of any substantial breakthrough on the issues that divide Moscow and Riyadh, including the fact that they back rival sides in Syria's civil war.


"This is the first visit by a Saudi Arabian monarch in the history of our relations and that in itself is a landmark event," Putin said as he welcomed the Saudi leader in an ornate gilded Kremlin hall.

"I'm sure your visit will boost the ties between our countries," he said.

"We aim to strengthen our relations in the interests of peace and security, in the interests of developing the world economy," the Saudi king responded.

Read more....

http://www.aljazeera.com/news/2017/10/saudi-king-putin-sign-deals-historic-russia-trip-171005102100641.html

More on the subject....

http://www.aljazeera.com/indepth/opinion/decoding-king-salman-visit-moscow-171003093435731.html

http://www.aljazeera.com/indepth/opinion/2017/08/russian-saudi-rapprochement-iran-170817154056810.html



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Colour Me Free
Senior Silent
1  seeder  Colour Me Free    9 years ago

I am a Foreign affairs junkie - if I have placed this discussion starter in the wrong forum, I am certain that I will be informed : )

 
 

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