Saudi Arabian Crown Prince Mohammed bin Salman Al Saud expressed his readiness for economic partnership with BRICS countries (Brazil, Russia, India, China, South Africa) in a phone call with Russian President Vladimir Putin. This has been reported Saudi Press Agency.
Alongside the recent BRICS summit, a number of issues of common interest were discussed, including Saudi Arabia’s desire for economic partnership and cooperation with BRICS countries.
During the meeting, it was also noted that the parties agreed to continue the efforts to ensure stability in global energy.
On September 6, Putin had a telephone conversation with the Crown Prince of Saudi Arabia. discussed decrease in oil production. The parties also talked about the interaction between Russia and Saudi Arabia under the OPEC+ agreement.
Ahmed Mustafa, Egyptian economist, Director of the Asian Research and Translation Center knowledgeablethat reducing oil production is one of Russia and Saudi Arabia’s tools to change the world order. The subsequent rise in commodity prices will drive Europe into bankruptcy.
On August 24, South African President Cyril Ramaphosa announced that Argentina, Egypt, Iran, United Arab Emirates, Saudi Arabia and Ethiopia will enter We have been a member of BRICS since 1 January 2024.
It was previously known how long the oil would last to stay It is the main source of world energy.