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

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.


King Salman receives scholars and senior citizens

King Salman received scholars and senior citizens on Monday. Saudi Arabia is seeking to create a culture of tolerance in the country. (SPA)
Updated 18 min 11 sec ago

King Salman receives scholars and senior citizens

  • Saudi Arabia seeks to create a culture of tolerance in order to fight extremism and bring about international security and peace

RIYADH: King Salman received on Monday princes, the country’s grand mufti, scholars and citizens who came to greet him.
The Saudi leadership is working to bridge communication gaps between the government and citizens.
In recent years, the Kingdom has encouraged government officials to improve the quality of their services and to meet the needs of every citizen.
Saudi Arabia also seeks to create a culture of tolerance in order to fight extremism and bring about international security and peace.
In addition, the Kingdom aims to meet high standards of transparency and accountability in the country.