Is Saudi Arabia’s King Salman bin Abdul-Aziz Al Saud planning an early October visit to Moscow or not? After multiple public invitations from Russian President Vladimir Putin, the answer to this question still remains unclear. Nevertheless, the Kremlin’s apparent determination to arrange such a trip clearly conveys Moscow’s assessment of the kingdom’s pivotal role in the Middle East.
The Russian government insists that Salman is indeed coming to Moscow. Kremlin spokesman Dmitry Peskov has confirmed preparations for the visit, as has top Putin foreign policy assistant Yuri Ushakov. Following Foreign Minister Sergey Lavrov’s recent meeting with Salman in Jeddah, the Russian Foreign Ministry released an official statement saying that the visit “is scheduled for early October.”
Nevertheless, the Saudi government does not appear to have issued its own parallel statement after Lavrov’s meeting with the king. Nor did Lavrov mention the visit in a joint press conference with his Saudi counterpart, Foreign Minister Adel al-Jubeir, as he concluded his stay in the country. While Moscow’s official transcript presents only Lavrov’s remarks, as is the Russian Foreign Ministry’s typical practice, there is no other reporting to suggest that the Saudi minister mentioned Salman’s travel to Russia either. Earlier Russian media reports cite only one anonymous source in Riyadh as confirmation that Saudi leaders have agreed to the visit. The Saudi-owned Al-Arabiya news site has noted strictly that “billboards with Saudi King Salman’s photos were installed in Moscow to welcome his expected visit” (the billboards publicized a Russian magazine with the king on its cover); curiously, the report carefully said, “The Kremlin expects the [sic] King Salman’s visit to be scheduled soon,” without referring to Saudi plans or expectations.
Russia’s interest in Saudi Arabia is multidimensional. Economically, Russian-Saudi understandings on oil production and oil exports can significantly affect global markets, Russia’s economy and the Russian government’s federal budget, which still depends heavily on oil-related tax receipts despite declining energy prices. Moscow also sees Saudi Arabia as a potential source of investment, something of growing importance in the face of enduring Western economic sanctions. Riyadh has cultivated this investment idea, including through a pledge to invest $10 billion in the Russia Direct Investment Fund, Russia’s sovereign wealth fund. Economic conditions in Russia in turn shape Russia’s domestic political environment, where many are disappointed at a sense of stagnation as Vladimir Putin approaches a 2018 presidential election.
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