Perhaps Saudi-French relations in the past have not experienced the profound and strong levels of ties as they now exhibit. This is clearly shown by the volume of visits exchanged between the two leaderships, and political convergence on regional and international issues between the two countries.
The visit to Paris by Deputy Crown Prince Mohammed bin Salman gives a clear indication that these relations are progressing well to complete files and projects that have been worked out during previous visits.
The visit also comes on the back of a French initiative for Middle East peace, where Paris knows that the road to a solution in the Middle East passes through Riyadh, as it is the initiator of the Arab peace initiative.
Also on the sidelines of the visit comes the third business opportunity forum.
This strategy has been demonstrated in the pragmatic path of Saudi foreign policy in building joint interests, and economic and political relations, focusing on agreed points and avoiding points of differences. This has added momentum to Saudi diplomacy and opened up relations with both the West and the East.
France, in particular, occupies a special position with a trade exchange with the Kingdom amounting to nearly SR53 billion, and has great opportunities to enhance these relations.
Meanwhile, Saudi Arabia has become a focal interest for world companies and economists after the announcement of Vision 2030 and the National Transformation Program 2020. Riyadh has also become a key center for attracting international investments.
During his visit, the deputy crown prince will meet with top French officials including President François Hollande, Premier Manuel Valls, French Defense Minister Jean-Yves Le Drian, and other leaders in both the public and private sectors. Talks will focus on how to bolster bilateral relations.
Those who read the agreements and memos of understanding, signed between the two countries during the visit made by the deputy crown prince last June, will find that the agreements affirm a future of diverse sources, and will boost investment opportunities and open the way for the Saudi companies to tap into foreign trade and markets.
The agreements also were the result of the success of the Saudi-French Permanent Coordinating Committee, headed by Prince Mohammed bin Salman from the Saudi side. The committee’s two work teams managed to build an integrated system for political, economic and military relations.
The visit also witnessed signing of three memos of understanding including construction of two nuclear plants in the Kingdom by the nuclear and renewable energy giant Areva, cooperation in the area of radioactive waste management between King Abdullah City for Atomic and Renewable Energy (KACARE) and the Institute for Radiological Protection and Nuclear Safety, and another cooperation agreement between KACARE and the French National Agency for Radioactive Waste Management, in peaceful uses of atomic energy in the area of nuclear waste.
Many are betting that this visit will catapult the level of Saudi-French relations to new heights.
The visit is also of great importance as it coincides with the announcement of Vision 2030, the successful visit made by the Deputy Crown Prince to the US and his meetings, not only with key political figures, but also with businessmen, heads of companies and investment banks, and his invitation to US mega companies to join the National Transformation Program 2020.
The visit to Paris by Deputy Crown Prince Mohammed bin Salman gives a clear indication that these relations are progressing well to complete files and projects that have been worked out during previous visits.
The visit also comes on the back of a French initiative for Middle East peace, where Paris knows that the road to a solution in the Middle East passes through Riyadh, as it is the initiator of the Arab peace initiative.
Also on the sidelines of the visit comes the third business opportunity forum.
This strategy has been demonstrated in the pragmatic path of Saudi foreign policy in building joint interests, and economic and political relations, focusing on agreed points and avoiding points of differences. This has added momentum to Saudi diplomacy and opened up relations with both the West and the East.
France, in particular, occupies a special position with a trade exchange with the Kingdom amounting to nearly SR53 billion, and has great opportunities to enhance these relations.
Meanwhile, Saudi Arabia has become a focal interest for world companies and economists after the announcement of Vision 2030 and the National Transformation Program 2020. Riyadh has also become a key center for attracting international investments.
During his visit, the deputy crown prince will meet with top French officials including President François Hollande, Premier Manuel Valls, French Defense Minister Jean-Yves Le Drian, and other leaders in both the public and private sectors. Talks will focus on how to bolster bilateral relations.
Those who read the agreements and memos of understanding, signed between the two countries during the visit made by the deputy crown prince last June, will find that the agreements affirm a future of diverse sources, and will boost investment opportunities and open the way for the Saudi companies to tap into foreign trade and markets.
The agreements also were the result of the success of the Saudi-French Permanent Coordinating Committee, headed by Prince Mohammed bin Salman from the Saudi side. The committee’s two work teams managed to build an integrated system for political, economic and military relations.
The visit also witnessed signing of three memos of understanding including construction of two nuclear plants in the Kingdom by the nuclear and renewable energy giant Areva, cooperation in the area of radioactive waste management between King Abdullah City for Atomic and Renewable Energy (KACARE) and the Institute for Radiological Protection and Nuclear Safety, and another cooperation agreement between KACARE and the French National Agency for Radioactive Waste Management, in peaceful uses of atomic energy in the area of nuclear waste.
Many are betting that this visit will catapult the level of Saudi-French relations to new heights.
The visit is also of great importance as it coincides with the announcement of Vision 2030, the successful visit made by the Deputy Crown Prince to the US and his meetings, not only with key political figures, but also with businessmen, heads of companies and investment banks, and his invitation to US mega companies to join the National Transformation Program 2020.
