Saudi FM: Yemeni crisis can only be solved through political process

Saudi Minister of Foreign Affairs Adel Al-Jubeir. (Screen Grab)
Updated 23 March 2018
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Saudi FM: Yemeni crisis can only be solved through political process

WASHINGTON: Saudi Arabia’s foreign minister reiterated on Thursday that the crisis in Yemen can only be solved through a political process.
Speaking at the Brookings Institution in Washington, Adel Al-Jubeir said the war in Yemen was imposed on Saudi Arabia and is not a war of choice, adding that Saudi Arabia has been dealing with Iranian meddling in the region since the 1979 revolution.
“Iran is the problem in the region, it is the source terror and extremism.”

Al-Jubeir said the Kingdom is cooperating with the US to contain Iran, who are the backers of the Houthis in Yemen, insisting that Tehran must be held accountable for supplying ballistic missiles to the militias there.
“Houthi militia in Yemen are connected to Iran, they have staged a coup against the internationally recognized government and the peace process supported by the UN” 

Al-Jubeir said that Iran's nuclear deal with the west needs to be reviewed, specially the inspection mechanism. 'The deal doesn’t solve all of the problems with Tehran", warned Saudi Arabia’s top diplomat.
“Tehran has supplied ballistic missiles to the Houthi militia, this is not a responsible act” said Al-Jubeir as he answered questions after his keynote address at the institute. 

Al-Jubeir also blamed Iran for the failure to end the war in Syria, he said that “shia militia and Iran’s influence obstruct the political settlement in Syria.”
The Saudi Foreign Minister added that “the tragedies in Syria affected millions of Syrians” and the only way out to end the suffering is through a political transition.

Al-Jubeir reiterated his country’s commitment to finding a peaceful settlement between the Palestinians and the Israelis according to the Arab Peace Initiative of 2002. He also reiterated his country’s commitment to reform and gave examples that illustrate the will of the kingdom to be more transparent and work to improve human rights and women rights.
In terms of investment, Al-Jubeir elaborated the importance of the economic cooperation between the two allies and he explained that "Saudi Arabia has close to $800 billion invested in the US" and that “We intend to take our economic relationship with the US to a higher level.” Al-Jubeir said 



 


Green light for crown prince-led Saudi privatization program

Updated 25 April 2018
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Green light for crown prince-led Saudi privatization program

  • The Privatization Program is one of 12 key elements of the Saudi Arabia’s Vision 2030
  • The program is aimed at increasing job opportunities for Saudi nationals

RIYADH: Saudi Arabia’s Council of Economic and Development Affairs on Tuesday approved the Privatization Program that is one of 12 key elements of the Kingdom’s Vision 2030. 

The program is aimed at increasing job opportunities for Saudi nationals, attracting the latest technologies and innovations, and supporting economic development.

It encourages both local and foreign investment in order to enhance the role of the private sector, with government entities adopting a regulatory and supervisory role. The aim is to increase the private sector’s contribution to GDP from 40 percent to 65 percent by 2030. 

The program will aim to reach its objectives through encouraging the private sector to invest in establishing new schools, universities and health centers, while the government pursues its organizational and supervisory role in health and education.

The privatization program aims to benefit from previous success stories, with the private sector’s collaboration in the development of infrastructure, and its involvement on a large scale in sectors such as energy, water, transport, telecommunications, petrochemicals and finance.

The program sets out a series of objectives in three areas: Developing a general legal framework for policies related to privatization; establishing organizational foundations and dedicated institutions to execute the policies; and setting a timescale for their delivery. 

The Council of Economic and Development Affairs is headed by Crown Prince Mohammed bin Salman.