World

Saudi-US bilateral accords ‘not that connected’ to Israel normalisation, Riyadh says

2024.10.31 09:02

By Pesha Magid

RIYADH (Reuters) – Saudi Arabia’s foreign minister said on Thursday that some of the bilateral agreements the kingdom has been negotiating with Washington are “not that tied” to the normalisation of Saudi relations with Israel and are “moving ahead”.

Potential U.S.-Saudi agreements about trade and artificial intelligence are “not tied to any third parties” and “can progress probably quite quickly,” Prince Faisal bin Farhan Al Saud said on stage at an investment conference in the Saudi capital Riyadh.

“Some of the more significant defence cooperation agreements are much more complicated. We would certainly welcome an opportunity to finish them before the (end of the Biden) administration’s term, but that’s reliant on other factors outside of our control,” he said.

“The other work streams are not that connected, and some of them are progressing quite quickly, and we hope to see moving forward.”

Saudi Arabia and the U.S. are looking into a set of agreements on nuclear energy, security and defence cooperation, which were originally all part of a wider normalisation deal with Riyadh and Israel.

U.S. President Joe Biden’s aides originally envisioned, in three-way negotiations before the Oct. 7 attack, for Saudi Arabia to gain U.S. security commitments and U.S. nuclear cooperation in exchange for normalising ties with Israel.

© Reuters. Saudi Foreign Minister Prince Faisal bin Farhan Al-Saud speaks at the Future Investment Initiative (FII) conference in Riyadh, Saudi Arabia, October 31, 2024. REUTERS/Hamad I Mohammed

U.S. Secretary of State Antony Blinken had said in May that Washington and Riyadh were close to concluding a set of agreements but cautioned that for normalisation to proceed there must be calm in Gaza and a path to Palestinian statehood.

Prince Faisal on Thursday reiterated the kingdom’s position that it would not recognise Israel without a Palestinian state, adding on that accord, Saudi Arabia is “quite happy to wait until the situation is amenable,” before moving ahead with normalisation.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 102,223.39 1.14%
ethereum
Ethereum (ETH) $ 3,185.61 0.22%
xrp
XRP (XRP) $ 3.05 2.40%
tether
Tether (USDT) $ 1.00 0.05%
solana
Solana (SOL) $ 235.73 0.19%
bnb
BNB (BNB) $ 679.31 2.97%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.33357 1.85%
cardano
Cardano (ADA) $ 0.93502 1.68%
staked-ether
Lido Staked Ether (STETH) $ 3,182.14 0.31%
tron
TRON (TRX) $ 0.246536 1.90%
chainlink
Chainlink (LINK) $ 24.25 1.73%
avalanche-2
Avalanche (AVAX) $ 33.96 3.26%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 101,990.33 0.85%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,798.70 0.25%
the-open-network
Toncoin (TON) $ 4.99 2.85%
stellar
Stellar (XLM) $ 0.404267 2.44%
hedera-hashgraph
Hedera (HBAR) $ 0.311788 1.57%
sui
Sui (SUI) $ 3.93 5.29%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 3.15%
weth
WETH (WETH) $ 3,185.45 0.19%
polkadot
Polkadot (DOT) $ 5.93 0.13%
leo-token
LEO Token (LEO) $ 9.75 0.01%
litecoin
Litecoin (LTC) $ 115.35 1.47%
bitget-token
Bitget Token (BGB) $ 7.05 3.62%
bitcoin-cash
Bitcoin Cash (BCH) $ 426.71 2.52%
hyperliquid
Hyperliquid (HYPE) $ 23.21 11.67%
usds
USDS (USDS) $ 1.00 0.08%
uniswap
Uniswap (UNI) $ 10.91 1.70%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,379.36 0.54%
official-trump
Official Trump (TRUMP) $ 30.03 13.29%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.04%
pepe
Pepe (PEPE) $ 0.000013 0.09%
near
NEAR Protocol (NEAR) $ 4.60 0.56%
aave
Aave (AAVE) $ 300.72 0.83%
aptos
Aptos (APT) $ 7.62 3.35%
mantra-dao
MANTRA (OM) $ 4.49 2.68%
internet-computer
Internet Computer (ICP) $ 8.91 3.40%
ondo-finance
Ondo (ONDO) $ 1.31 0.25%
whitebit
WhiteBIT Coin (WBT) $ 28.29 0.46%
monero
Monero (XMR) $ 215.83 1.74%
ethereum-classic
Ethereum Classic (ETC) $ 25.77 0.69%
mantle
Mantle (MNT) $ 1.13 1.59%
vechain
VeChain (VET) $ 0.044477 0.36%
bittensor
Bittensor (TAO) $ 432.54 3.32%
crypto-com-chain
Cronos (CRO) $ 0.130501 0.90%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.412527 2.06%
dai
Dai (DAI) $ 1.00 0.02%
kaspa
Kaspa (KAS) $ 0.126709 0.91%
render-token
Render (RENDER) $ 6.22 3.78%