Saudi Arabia committed to keep oil market stable: prince Faisal

Saudi Arabia committed to keep oil market stable: prince Faisal

Saudi foreign minister prince Faisal Bin Farhan on Wednesday said that his country was committed to keep the world oil market stable.

‘We are committed to keep a stable oil market,’ he said after a bilateral talk with his Bangladesh counterpart AK Abdul Momen in Dhaka.

Saudi foreign minister prince Faisal said that they were extremely optimistic about the future of Bangladesh and the two countries will work together to expand their cooperation.

‘I think there is a lot to be done,’ he told reporters after his meeting with foreign minister AK Abdul Momen at a city hotel, noting that the two countries have a clear target to work together to that end.

He said that they were ‘very optimistic’ about the future of this relationship with Bangladesh. ‘We just had an excellent political consultation.’

Most importantly, he said they explored how they can expand the partnership as the two countries enjoy a historic strong relationship.

‘We’re committed to building up on this strong foundation to a much broader partnership. We see significant interest of the Saudi companies’ presence here,’ he said.

Foreign minister Momen said they are very proud to see this high-level political consultation for the first time.

He said some 20 Saudi companies have shown interest to invest in Bangladesh.

Bangladesh had assured of providing required facilities in the economic zones, he said.

Momen said they also discussed food security issues noting that prime minister Sheikh Hasina had put a lot of emphasis on this.

He said the Saudi side assured of hassle-free clearance of visas for 100 per cent hajj applicants.

The Saudi foreign minister arrived in Dhaka on a brief official visit on Tuesday evening.

He met with prime minister Sheikh Hasina at Gonobhaban on Wednesday morning.

The Saudi FM left Dhaka on Wednesday afternoon wrapping up his less than 24-hour visit.

Saudi foreign minister prince Faisal Bin Farhan meets with Bangladesh foreign minister AK Abdul Momen in Dhaka on Wednesday.