Such a partnership would allow for the deepening and expansion of mutually beneficial cooperation in all areas. Read more at straitstimes.com.
RIYADH - Singapore and Saudi Arabia have agreed to upgrade their relations to a strategic partnership, the foreign ministries of both countries announced on Saturday.
PM Lee also wrote in a Facebook post on Saturday: “This will be Singapore’s first with a Middle East country, and will deepen our cooperation across many fields.”He conveyed his appreciation to Crown Prince Mohammed for the support of Singaporean pilgrims performing the haj.During the visit, both sides welcomed the good progress made by the Saudi-Singapore Joint Committee, which held its third session in Riyadh on Oct 17.
They also noted the opportunities in investment partnerships provided by the kingdom’s Vision 2030 plan in various sectors, benefiting from the expertise and capabilities of Singapore companies, and holding joint commercial and investment events.Singapore, Saudi Arabia agree to boost ties in trade, investment, green energy
They also emphasised cooperation in low carbon solutions and technologies, including clean and green hydrogen, renewable energy and innovation, among others.“Both sides agreed on the importance of enhancing cooperation in the fields of oil and refined products, and petrochemicals, as well as developing innovative technologies for the uses of hydrocarbon resources and energy efficiency,” the statement added.
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