BR100 Increased By (0.05%)
BR30 Decreased By (-0.02%)
KSE100 Increased By (0.47%)
KSE30 Increased By (0.51%)
BECO 6.20 Increased By ▲ 0.43 (7.45%)
BML 52.90 Decreased By ▼ -0.10 (-0.19%)
BOP 34.22 Increased By ▲ 0.23 (0.68%)
CNERGY 8.20 Increased By ▲ 0.09 (1.11%)
DCL 12.25 Increased By ▲ 0.05 (0.41%)
FCCL 53.60 Increased By ▲ 0.77 (1.46%)
FCSC 5.01 Decreased By ▼ -0.06 (-1.18%)
FFL 18.05 Increased By ▲ 0.10 (0.56%)
FNEL 1.29 No Change ▼ 0.00 (0%)
HUMNL 10.76 Decreased By ▼ -0.12 (-1.1%)
KEL 8.05 Increased By ▲ 0.03 (0.37%)
KOSM 5.52 No Change ▼ 0.00 (0%)
MLCF 87.48 Increased By ▲ 0.97 (1.12%)
NBP 186.04 Increased By ▲ 0.88 (0.48%)
PACE 10.77 Increased By ▲ 0.19 (1.8%)
PAEL 39.60 Increased By ▲ 0.18 (0.46%)
PIAHCLA 26.40 Increased By ▲ 0.18 (0.69%)
PIBTL 16.65 Decreased By ▼ -0.02 (-0.12%)
PPL 229.97 Increased By ▲ 1.79 (0.78%)
PRL 34.53 Decreased By ▼ -0.15 (-0.43%)
PTC 65.70 Increased By ▲ 0.37 (0.57%)
SEARL 90.45 Increased By ▲ 0.32 (0.36%)
SSGC 26.90 Increased By ▲ 0.30 (1.13%)
TELE 8.38 Increased By ▲ 0.10 (1.21%)
THCCL 58.86 Increased By ▲ 0.36 (0.62%)
TPLP 8.31 Increased By ▲ 0.09 (1.09%)
TREET 24.69 Increased By ▲ 0.16 (0.65%)
TRG 70.13 Increased By ▲ 0.42 (0.6%)
WAVES 10.00 Increased By ▲ 0.06 (0.6%)
WTL 1.28 No Change ▼ 0.00 (0%)
By

RIYADH: Saudi Arabia’s foreign minister said on Thursday that some of the bilateral agreements the kingdom has been negotiating with Washington are “not that tied” to the normalisation of Saudi relations with Israel and are “moving ahead”.

Potential US-Saudi agreements about trade and artificial intelligence are “not tied to any third parties” and “can progress probably quite quickly,” Prince Faisal bin Farhan Al Saud said on stage at an investment conference in the Saudi capital Riyadh.

“Some of the more significant defence cooperation agreements are much more complicated. We would certainly welcome an opportunity to finish them before the (end of the Biden) administration’s term, but that’s reliant on other factors outside of our control,” he said.

Blinken on new quest for Saudi ties with Israel

“The other work streams are not that connected, and some of them are progressing quite quickly, and we hope to see moving forward.”

Saudi Arabia and the US are looking into a set of agreements on nuclear energy, security and defence cooperation, which were originally all part of a wider normalisation deal with Riyadh and Israel.

US President Joe Biden’s aides originally envisioned, in three-way negotiations before the Oct. 7 attack, for Saudi Arabia to gain US security commitments and US nuclear cooperation in exchange for normalising ties with Israel.

US Secretary of State Antony Blinken had said in May that Washington and Riyadh were close to concluding a set of agreements but cautioned that for normalisation to proceed there must be calm in Gaza and a path to Palestinian statehood.

Antony Blinken urges Israel to use opportunity to end war in Gaza

Prince Faisal on Thursday reiterated the kingdom’s position that it would not recognise Israel without a Palestinian state, adding on that accord, Saudi Arabia is “quite happy to wait until the situation is amenable,” before moving ahead with normalisation.

Comments

Comments are closed for this article.