Times of Islamabad

In a strategic shift, Saudi Arabia turns towards Russia

In a strategic shift, Saudi Arabia turns towards Russia

MOSCOW – Russia and Saudi Arabia have come a long way in terms of boostingbilateral relations in the past few years, from joint investments andcooperation in the field of energy to cultural projects and easing visapolicies.

Russian President Vladimir Putin’s upcoming visit to Riyadh will become aculmination of this hard work, but there remains even greater untappedpotential for cooperation.

As the presidential aide Yury Ushakov announced last Thursday, the Russianpresident is set to visit the KingdomlinkOctober14. This historic state visit may further boost the countries’ multifacetedpartnership in the fields of energy, investments, industry, agriculture,infrastructure, transport, natural resources and modern technologies, andbuild on the success of Saudi Arabia King Salman bin Abdulaziz Al Saud‘svisit to Moscow in October 2017.

During the visit next week, Moscow and Riyadh will be announcing newagreements worth over $2 billion, according to Kirill Dmitriev, the head ofthe Russian Direct Investment Fund (RDIF).

The Soviet Union was the first country to recognise the independent Kingdomof Hejaz and Nejd, which was renamed the Kingdom of Saudi Arabia in 1932.