Saudi foreign minister meets French envoy

Francois Gouyette
Updated 17 July 2018
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Saudi foreign minister meets French envoy

  • Saudi Arabia and France have a strong history of bilateral trade relations
  • France is a major arms supplier to Saudi Arabia

JEDDAH: Saudi Foreign Minister Adel Al-Jubeir received French Ambassador Francois Gouyette in Riyadh on Monday.
During the meeting, they discussed bilateral relations and issues of mutual concern. Dr. Adel bin Siraj Mirdad, an undersecretary at the Ministry of Foreign Affairs was also present.
The two countries have a strong history of bilateral trade relations within the defense, infrastructure and aerospace sectors.
Former French Prime Minister Manuel Valls signed €10 billion worth of contracts in October 2015 in the fields of aerospace and military contracts on behalf of Airbus, transport, energy, health and food markets with French companies. France is also a major arms supplier to the Kingdom.
The Kingdom and France share longstanding economic ties, to which Saudi Vision 2030 provided an incentive to further strengthen a win-win relationship.
France is the third-biggest investor in the Kingdom, with more than $15 billion of investments, while Saudi Arabia is France’s leading commercial partner in the Gulf, with commercial flows amounting to more than $8 billion.


Saudi Arabia’s Crown Prince meets with US Treasury Secretary Mnuchin

Updated 10 min 36 sec ago
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Saudi Arabia’s Crown Prince meets with US Treasury Secretary Mnuchin

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman met with US Treasury Secretary Steven Mnuchin on Monday.

The Saudi Crown Prince stressed the importance of Saudi-US strategic partnership and the future role of this partnership in accordance with the vision of the Kingdom 2030.