Don’t do business with Iran's Revolutionary Guards, Tillerson warns global firms

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US Secretary of State Rex Tillerson speaks at the US embassy in Riyadh on Sunday. (REUTERS/Alex Brandon/Pool)
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US Secretary of State Rex Tillerson poses for photographs with Boy Scouts at the US Embassy in Riyadh on Sunday. (REUTERS/Alex Brandon/Pool)
Updated 23 October 2017
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Don’t do business with Iran's Revolutionary Guards, Tillerson warns global firms

RIYADH: Saudi Arabia and the US have warned companies not to do business with the Islamic Revolutionary Guard Corps (IRGC).
“Both our countries believe those who conduct business with the Revolutionary Guard, any of their entities, European companies or other companies around the world really do so at great risk,” US Secretary of State Rex Tillerson said at a joint news conference in Riyadh with the Saudi Foreign Minister, Adel Al-Jubeir.
The US last week announced tough new sanctions against the IRGC because of its support for terrorism, effectively excluding it from the US financial system. Companies doing business with the group also risk penalties.
Al-Jubeir said the two men had discussed the Qatar crisis, along with terrorism and extremism in Syria, Iraq and the Middle East. He said Saudi Arabia and the US held identical views on most issues and their relationship was “age-old and friendly.”
Tillerson also met King Salman and Crown Prince Mohammed bin Salman, and took part in discussions with members of the newly formed Saudi-Iraq Coordinating Council, which he said would open up wide areas of cooperation between the two countries.
“There will be tremendous economic opportunities in Iraq where Saudi Arabia could participate in accordance with the Saudi Vision 2030,” he said.
Rebuilding Iraq and developing its infrastructure were challenges, he said. The new council would give confidence to the Iraqis, strengthen their independence and help flush out terror from the country.
Tillerson also urged Iran-backed militias in Iraq to withdraw.
“Now that the fight against Daesh is coming to a close, those militias need to go home. The foreign fighters in Iraq need to go home and allow the Iraqi people to regain control,” he said.
After Riyadh, Tillerson’s six-day trip continues in Qatar, Pakistan, India and Switzerland.


Saudi king arrives in Egypt on official visit

Updated 23 February 2019
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Saudi king arrives in Egypt on official visit

  • King Salman will head the Saudi delegation at the EU-Arab states summit
  • Ways to strengthen Saudi-Egyptian ties will be discussed during the king’s visit

RIYADH: Saudi Arabia’s King Salman arrived in Egypt Saturday on an official visit, during which he will attend the EU-Arab Summit, the Saudi Press Agency reported.  

The king will head the Saudi delegation at the summit, which is due to be held in Egypt’s Red Sea resort of Sharm El-Sheikh. 

The two-day summit is billed as a starting point for the Arab League and the EU to boost cooperation on shared strategic priorities including migration, security and climate change.

Economic development, the Palestinian question, and the conflicts in Libya, Syria and Yemen are also up for discussion.

The king's visit is a response to an invitation from Egyptian President Abdel Fattah El-Sisi, who will host the two-day summit.

Ways to strengthen Saudi-Egyptian ties will be discussed during the visit.