News Worms
News Worms

Moscow Welcomes Saudi King, Describes Visit As 'Most Important Event'

The deal was reportedly reached on the sidelines of the visit by Saudi King Salman bin Abdulaziz Al Saud to Moscow.

The talks between Putin and King Salman were held as part of the latter's ongoing official visit to Moscow.

On Thursday, Putin received the monarch in the gold-decorated St. Andrew Hall, one of the grandest spaces in the Kremlin, attended by soldiers in ceremonial dress and with an orchestra playing the two countries' national anthems.

The meeting was described as a "landmark event" by President Putin as it was the first visit to Russian Federation by a reigning Saudi Arabian monarch and was held despite differences between Riyadh and Moscow over the Syrian civil war.

Al Jazeera's Rory Challands, reporting from Moscow, said a good amount of trust has been built between Saudi Arabia and Russian Federation and it is changing the political landscape.

Saudi Aramco is discussing several investment opportunities with Russian firms but there are no current plans to take a stake in Novatek's liquefied natural gas (LNG) project, Aramco Chief Executive Amin Nasser said on Thursday.

However, the agenda also included issues on which the two sides deeply differ, including the war in Syria.

Russian Federation and Saudi Arabia have also reached a deal allowing the production of the Kalashnikov assault rifle in the Gulf Kingdom.

During a meeting in Russia, Maduro said that he had arrived in Moscow at a great moment for political ties with Russia.

Russia and Saudi Arabia will set up a working group to remove obstacles hampering cooperation between the two countries, Novak said at the Russian-Saudi Investment Forum.

A number of deals have been signed during this week's trip by King Salman to Russian Federation, the first by a Saudi monarch. Kommersant also said Putin and Salman are due to discuss an arms deal worth more than $3 billion (2.5 billion euros) to supply Riyadh with S-400 air defense systems.

The increase followed a widening of the discount for USA crude against Brent, making U.S.

King Salman has become the first sitting Saudi monarch to visit Russian Federation.

An extension of the OPEC deal was possible and could last "at least to the end of 2018", said Putin on Wednesday.

Relations between the two countries in the past have often been strained.

The US is still Saudi Arabia's top weapons supplier and an important ally, but yesterday's deals highlighted Russia's growing influence in the Middle East.


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