Connect with us

Hi, what are you looking for?


Saudi Arabia and Norway sign MoU to enhance relations

Saudi Arabia and Norway

Saudi Arabia and Norway have signed a memorandum of understanding (MoU) for political consultations to strengthen bilateral relations and cooperation, the Kingdom’s foreign ministry said on Tuesday.

During a meeting between Saudi Foreign Minister Prince Faisal bin Farhan and his Norwegian counterpart Ine Eriksen Soreide, the two officials singed the agreement via video conference

The MoU aims to take relations to broader horizons to serve the aspirations of both countries’ governments and people, the ministry said.

“The two countries share many areas of cooperation, most notably joint coordination in the oil and energy sector, renewable energy, climate change, investment and tourism, in addition to continuous consultation and constructive dialogue regarding developments in the Middle East and important international issues for both countries,” Prince Faisal said.

Saudi Arabia and Norway

“The two countries agree on the importance of encouraging dialogue and diplomatic solutions to international crises, adherence to the principles of international law, peaceful coexistence and good neighborliness, and achieving international peace and security,” he added.

Prince Faisal called on Norwegian businesses and government agencies to contribute to Saudi Arabia’s Vision 2030 economic reform program.

“We are confident that your country will provide appropriate investment facilities for Saudi investors to invest in Norway in a way that enhances the trade and economic relations of our two countries,” Prince Faisal added.

Yesterday, Foreign Minister Prince Faisal Bin Farhan has said that Saudi Arabia hopes that Norway, as a non-permanent member in the UN Security Council, will make necessary diplomatic efforts to promote peace and security in the region.

The prince also hoped that Norway will confront aggressive and provocative policies being pursued by some regional powers in the region in contravention with principles of international law and good neighborliness.

He also said that these regional powers are supporting terrorist organizations and working to fuel conflicts in the region.

Saudi Arabia is keen on receiving more support from the government of Norway for its initiative to end the Yemeni crisis, which will boost regional as well as global peace and security, he added.


London, (Business News Report) – Wheat prices reached their highest level in two months, after strained relations between the United States of America and...


London, (Business News Report) – The Abu Dhabi National Oil Company (ADNOC) plans to issue bonds that would raise between 3-5 billion dollars during...


London, (Business News Report) – Oil prices have risen above $90 a barrel for the first time since 2014, buoyed by supply shortages. The...


Abu Dhabi, (Business News Report) – Emirates NBD Bank profits jumped during the year 2021 with an improvement in economic activity in the country....