Saudi business group touts plan to improve economic ties with Russia
Russia is working to improve relations with Saudi Arabia and wants the kingdom to buy its S-400 missile defense system.
An alliance of Saudi businesses called today for improving economic relations with Russia.
The chairman of the Federation of Saudi Chambers, Ajlan Al-Ajlan, said the alliance wants a “road map” to business with the Russian Federation. He specifically mentioned bilateral business councils, a digital platform to promote Russian and “Arab” products, removing regulations that hinder trade and more, the official Saudi Press Agency reported.
Saudi Arabia is traditionally an ally of the United States, but Russia has worked to improve its relations with the kingdom in recent years. Russia has tried to convince Saudi Arabia to buy its S-400 missile defense system, for example.
Saudi Arabia and Russia also cooperate on global oil production and price regulation.
