الدورة السابعة للجنة السعودية الروسية المشتركة

[M043-01] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:00 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

Before I start with my opening remark, Alexander. Now, you know that I have a contingency this way, I keep asking you to get rid of Pavel. So I have my own translator now, you do not need Pavel to translate for me, but Susan is a Saudi young lady she is a joint venture product of a marriage between a Saudi gentleman and a Russian lady. Unfortunately she lost her father but her mother is still living in Saudi Arabia, she is part of us and she will continue to be part of us. It is always admirable to see that we have now found that there is diversity in our bilateral relationship, even to the extent where it goes beyond the normal manner of things, but more to the core part of our social fabric, which is quite commendable and quite interesting.

[M043-02] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:01:21 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

So, Barbara, unfortunately, I will have her on the other side of the line, just to make sure that you are translating properly to my friend Alexander. Without much ado, my friend, again, I would like to welcome you and your respected member of your team. It is always a great pleasure to welcome you to this meeting and to the co-chair of the joint Saudi Russian intergovernmental commission on trade, economic, scientific, and technological cooperation.

[M043-03] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:02:05 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

When we met Riad last year, I offered the hope that we would be able to meet in person more in the course of 2021, that has not been possible on this occasion, but I am pleased to say that it is mainly the pressure of our diaries and that has caused this meeting to be held virtually, as I said, I am trying to be with you next week in Saint Petersburg, that in its own is a sign that our economies and global situation are recovering. There may be a further pumps on the road to recovery, but we are certainly on that road that we are determined to stay in the fast lane.

[M043-04] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:04 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

Those of us who took the most important measures of ensuring that our both populations are in a much better safe zone, as opposed to others. However, even in a virtual format, it is always good to have the opportunity to greet your Excellency, the co-chair of the commission and your team, Your Excellency, In the past six months, our relationship has built on an excellent foundation, put in place by the historic visit in 2017 to Russia by the custodian of the Two Holly Moseque, King Salman.

[M043-05] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:54 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

This landmark was expanded and extended by the visit of president Putin to Saudi Arabia in 2019, we now remain close collaborators in many areas of economic, social, and cultural activities from energy to tourism and investment to culture, we have found a wealth of mutual interests that have brought us closure together, and in the process of getting benefits from countries and the world at large, nowhere has this benefit been more obvious nor more impactful than in the global energy markets.

[M043-06] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:04:42 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

On the crucial issue of energy, our partnership is the strongest it has ever been, the speedy and effective action taking by Saudi Arabia and Russia in 2020 when OPEC Plus organized the biggest cut in the history of the oil industry, we were enhanced by also the major taking by the G20 ministerial, including Russia which had been supportive of this effort. These actions put the global market on the best path, and in the path to sustainable recovery and our collaborate collaborative initiatives this year have continued that rebalancing, and we will continue that endeavor as we see it fit that it is producing us all quiet remarkable achievements.

[M043-07] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:05:46 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

Our partners in OPEC plus, member countries deserve to be commended for those beneficial actions, but I must offer a special thank to Russia for its solid support and cooperation in OPEC plus deliberation in the first half of 2021. When markets are recovering, it is often challenging to maintain the cohesion and discipline necessary to ensure participants stay in line with mutual and unanimous agreement. The example of Russia and Saudi Arabia, standing shoulder to shoulder in agreement in the need for tight discipline was a great encouragement to other OPEC Plus members, nor have we forgeten this steadfast support Russia gave to Saudi Arabia during the excruciating meeting of the energy ministerial meeting on G20, that was a day and a half I will never forget, certainly it would be a part of my entries whenever I write my memories if I have that for it, when the summit approved the endorse the circle carbon economy as a key strategy to tackle climate change, which is something that we both and others will benefit from, now and in the futuew. This issue, of course, will only assume greater importance this year, as we build up to the 2026 summits in November, and I am sure that we can count on Russia, our friends in OPEC plus members, and the like-minded group to present a United front with us, at that gathering.

[M043-08] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:07:55 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

Your Excellency, Our good relationship extended far beyond energy. We have built on the high-level strategic framework that was signed between our two countries in October 2019, and which amounts to a full alignment of our national strategies, our respective over sovereign wealth fund, the public investment fund, and the Russian direct investment fund continue to evaluate investment opportunity across the full spectrum to our mutual benefit. We have completed the establishment of full trade representatives and commercial attached in Moscow and Riyadh, the commission has served to accelerate the development of joint initiatives in a variety of sectors.

[M043-09] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:08:49 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

The six joint commission meetings held in Moscow on June 2019, launched approximately 108 initiatives across 22 projects as part of the agreed roadmap in 2017-2020. Now it is reaching its full fulfillment, the seventh commission has achieved even more progress setting us well on the way to progress along the roadmap for 2020 to 2023, which will be more ambitious aims, the number of new projects will be roughly tripled as an indication of the sincere desire for greater collaboration between Saudi Arabia and Russia.

[M043-10] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:09:49 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

Since we met in Riyad last December, I still have to send you the dessert you asked for, and I will, intergovernmental teams have worked effortlessly with participants from both sides, in the six separate workshops involving 20 different entities from Saudi Arabia and Russia, 11 sectors have been the subject of our focus, energy, trade, economy, investment, information, communication, technology, industry, health, education, science, space, mass media, culture, tourism, transport, geology, natural resource and agriculture.

[M043-11] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:10:53 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

Some 60 items of cooperation were agreed upon, 51 opportunities for projects placed on the roadmap, there are considerable achievements. These are all considerable achievements and proof that the partnership between Saudi Arabia and Russia is strong and will become stronger as it has been our endeavor than it has ever before. This meeting today will help ensure it becomes even more encompassing and enduring and I did have as always with you Alexander, we have our own touch. So permit me that intruded more in rearranging the format of the meeting, just to make sure that we bring both homes, and crisp clear that we are working as one single team as opposed to two separate teams co-opting with each other.

[M043-12] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:11:41 · الدورة السابعة للجنة السعودية الروسية المشتركة · 2021-05-25 · مشاهدة عند هذا التوقيت

I think culturally and we should opt for looking at ourselves as one team reaching and achieving our endeavors making our team collectively accountable for what our leaders have bestowed on us in terms of our responsibilities, and there is no other way additional way to prove our accountability, collective accountability, but to work as one single team. And thank you for being patient and I would like to give you the floor for your own marks.