Saudi Gazette report

RIYADH — Saudi International Minister Prince Faisal Bin Farhan introduced the adoption of a biennial summit on the leaders’ stage between the GCC and the ASEAN. The summit will probably be held alternately each two years to make sure the enhancement of mutual cooperation.

In a joint press convention with Indonesian Minister of International Affairs Retno Marsudi, following the conclusion of the Riyadh Summit between the GCC and ASEAN, Prince Faisal Bin Farhan expressed the aspirations of each teams for elevated collaboration. He emphasised the commonalities and vital alternatives for cooperation that unite the 2 areas.

Prince Faisal acknowledged that the GCC and ASEAN international locations are among the many most vital financial teams globally, highlighting the anticipation for his or her summit to function a platform for strengthening financial and developmental cooperation. The aim is to help the institution of a stable basis for collective and financial multilateral motion, fostering mutual financial growth.

Addressing a query concerning the developments in Gaza and its environment, the Saudi international minister affirmed the unanimous stance of the GCC and ASEAN nations on the pressing want for an instantaneous ceasefire. He underscored the significance of humanitarian help entry, emphasizing {that a} everlasting answer to the battle is the one strategy to break the cycle of violence.