IFP Exclusive

Saudi officials seek resumption of economic ties with Iran, too: Minister

Iranian Minister of Economy Ehsan Khandouzi says that during a recent meeting with Saudi officials, they demanded that the resumption of economic ties between Saudi Arabia and Iran also be facilitated promptly.

Khandouzi, who had been to the Saudi city of Jeddah to take part in a summit of the Islamic Development Bank, said economic diplomacy had been made possible during the trip.

“A constructive meeting was held between me and my Saudi counterpart, in which, given the resumption of political ties between Iran and Saudi Arabia, Saudi officials stressed that economic foundations, too, should be promptly facilitated,” Khandouzi said.

He said he had also discussed with Saudi officials hajj pilgrimage-related issues such as flights from Iran and pertinent banking matters, as well as the facilitation of visits by Iranian businessmen, which he said “they welcomed.”

Saudi Arabia severed ties with Iran seven years ago. In March, the two countries announced a rapprochement mediated by China.

Last month, Iranian Foreign Minister Hossein Amirabdollahian met with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud in Beijing. At the end of that meeting, the two sides issued a joint statement in which they also stressed each other’s economic capacities and their potential in the enhancement of bilateral relations.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

EU imposes sanctions on Iran’s shipping lines

The European Union on Monday announced sanctions on Iran’s shipping lines over claims Tehran has…

3 hours ago

Iranian police chief: 800k Afghan illegals forced out of country

Iran’s Police Chief Brigadier General Ahmadreza Radan says the country has deported 800 thousand illegal…

3 hours ago

US ‘fuelling fire’ of Ukraine conflict with missiles decision: Russia

The Kremlin has announced that US President Joe Biden’s outgoing administration wants to escalate the…

7 hours ago

US maximum pressure against Iran will fail again: Deputy FM

A deputy Iranian foreign minister has stated that any bids by the administration of US…

7 hours ago

Analyst: Economic incentives can reduce Tehran-Washington tensions

A former member of Iran's parliament has highlighted the importance of economic incentives in shaping…

7 hours ago

Iranian engineer resigns from Google in protest against “complicity in Israeli crimes”

An Iranian software engineer has tendered his resignation from Google in response to the company's…

8 hours ago