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

1st concrete pouring for Karun nuclear island set for fall: Iran revives dormant power plant

Mohammad Eslami, the head of the Atomic Energy Organization of Iran, announced that the construction…

8 hours ago

Israeli Cabinet votes to close Al Jazeera offices

Israeli Prime Minister Benjamin Netanyahu’s cabinet has voted unanimously to close Al Jazeera’s operations in…

10 hours ago

Over 2,300 arrested in US in pro-Palestinian campus demos

Pro-Palestinian activists have launched encampments at more than 70 campuses to bring attention to Israel’s…

10 hours ago

President Raisi: Iran among top regional, world powers after reprisal against Israel

Iran’s president Ebrahim Raisi says the country has been promoted to the top of the…

11 hours ago

38% of Americans say US doing too much to support Israel: Poll

Nearly four in 10 Americans have stated that the United States is doing too much…

14 hours ago

Israelis protest to demand captive swap deal

Hundreds of Israelis demonstrated Saturday in Rehovot near Tel Aviv to demand the release of…

14 hours ago