Russian President Vladimir Putin visits Saudi Arabia on Monday for the first time in over a decade, seeking to capitalise on growing influence borne of military advances in Syria, strong ties with regional rivals and cooperation on energy policy. Moscow accrued power in the Middle East in 2015 by sending
* Moscow gained strength by sending troops to Syria in 2015* Big investments, cooperation on energy policy key to Saudi tiesRIYADH, Oct 14 - Russian President Vladimir Putin visits Saudi Arabia on Monday for the first time in over a decade, seeking to capitalise on growing influence borne of military advances in Syria, strong ties with regional rivals and cooperation on energy policy.
Russia has also strengthened ties with both Sunni Muslim Saudi Arabia and Shi'ite Iran, which are locked in a decades-old contest for influence that veered towards open conflict after a recent spate of attacks on oil assets in the Gulf that Riyadh and Washington blame on Tehran. Iran denies the charges.
The strengthened ties have seen non-OPEC Russia, once regarded as a rival in oil markets, join OPEC kingpin Saudi Arabia in forming an alliance known as OPEC+ to support crude prices by restraining output. "We don’t believe that having close ties with Russia has any negative impact on our relationship with the United States," he told reporters on Sunday."We believe that we can have strategic and strong ties with the United States while we develop our ties with Russia."
A forum will convene 300 Saudi and Russian CEOs. The two sides are expected to sign more than $2 billion of deals, including a joint investment by state oil giant Saudi Aramco and Russia’s RDIF sovereign wealth fund.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Saudi visit showcases Putin's growing Middle East influenceRussian President Vladimir Putin visits Saudi Arabia on Monday for the first tim...
Weiterlesen »
Saudi visit shows Putin's deepening Middle East influencePresident Vladimir Putin signaled Moscow's growing Middle East clout on Mon...
Weiterlesen »
Trump's Middle East strategy could free Putin to grasp a central roleAnalysts believe Russia will now look to exert regional influence as Washington withdraws from northern .
Weiterlesen »
Putin says no reliable information about who attacked Saudi oil plantsRussian President Vladimir Putin said before his first visit to Saudi Arabia in ...
Weiterlesen »
Putin offers to help ease Gulf tensions before Saudi tripRussia can play a positive role in easing tensions in the Gulf following a spate...
Weiterlesen »