dual citizenship

Pemba Paradise

Zanzibar Diaspora

Mwanakwerekwe shops ad

ZanzibarNiKwetuStoreBanner

ZNK Patreon

Scrolling news

************ KARIBUNI..................Contact us for any breaking news or for any information at: znzkwetu@gmail.com. You can also fax us at: 1.801.289.7713......................KARIBUNI

Thursday, October 5, 2017

Saudi king arrives in Russia to a warm welcome!

King Salman (L) speaks with Russian Deputy Prime Minister Dmitry Rogozin (R) during a welcoming ceremony upon his arrival at Vnukovo airport outside Moscow, Russia.- Reuters
  • King Salman will meet President Vladimir Putin on Thursday and they are expected to discuss extending oil production cuts.
The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz of Saudi Arabia, arrived in Moscow on Wednesday.

His three-day trip is expected to focus on energy and the Syrian conflict.

King Salman will meet President Vladimir Putin on Thursday and they are expected to discuss extending oil production cuts ahead of the Opec oil cartel meeting in November.

Opec and some other non-member producers, including Russia, have agreed to cut crude output which has helped prop up oil prices. On Wednesday Putin said an extension of the Opec deal was possible and could last "at least to the end of 2018".The king is also set to meet Prime Minister Dmitry Medvedev on Friday before leaving Russia on Saturday.

Russian energy minister Alexander Novak told Tass news agency on Wednesday that Saudi Arabia is investing $1 billion into energy projects in Russia though he did not give details or specify if these deals would be signed during the visit.

Vedomosti newspaper reported on Wednesday that Saudi Arabia's sovereign fund is also eyeing investment into a toll road project in Moscow, which would be the first one for the capital.

While they are partners on the oil market, on the foreign policy front, Moscow and Riyadh land on opposite sides of the Syrian conflict, with Russia supporting the regime of Bashar Al Assad while Saudi Arabia supports his opposition.

The Kremlin said ahead of the visit that King Salman and Putin will discuss "the situation in the Middle East and North Africa, especially focusing conflict situations in the region."

No comments :

Post a Comment