Gulf News

Saudi-US ties critical for world: Envoy

KINGDOM SAYS IT AIMS TO ‘BRIDGE THE DIVIDE’ BETWEEN US AND CHINA

- DAVOS, SWITZERLAN­D —Reuters

Saudi Arabia’s ambassador to the United States said yesterday that maintainin­g the long-standing strategic partnershi­p between Riyadh and Washington was “beyond critically necessary” for global stability.

The alliance between Saudi Arabia and the United States has frayed under President Joe Biden’s administra­tion over the 2018 murder of journalist Jamal Khashoggi, the Yemen war involving a Saudi-led coalition and more recently the Ukraine war and Opec+ oil policy.

Strategic allies

“Yes there was a moment of conflict and disagreeme­nt, but that doesn’t take away from the fact that we are both strategic allies and we are friends, and this relationsh­ip is critical for the world,” envoy Princess Reema Bint Bandar Al Saud said at a panel at the World Economic Forum in Davos.

Saudi finance minister Mohammad Al Jadaan, when asked during the same panel about the visit by China’s president to the kingdom in December, said both China and the United States were very important to Saudi Arabia.

He said the kingdom, the

world’s top oil exporter, aims to “bridge the divide” between the two rival economic giants.

While attending a Gulf Arab summit in Riyadh, President Xi Jinping called for oil trade in yuan as Beijing seeks to establish its currency internatio­nally.

On Tuesday, Jadaan said Saudi Arabia was not ruling out any discussion­s on how it settles its trade, whether in dollars, euros or the Saudi riyal.

The Saudi envoy to Washington stressed during the panel the importance of the US-Saudi relationsh­ip that has weathered 80 years and said that the two countries have “stood by each other where it counts and where it matters”.

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Princess Reema

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