Prince Saud al-Faisal Highlights Importance of Chirac's Visit to the Kingdom 4 Riyad

  • 12/15/2022
  • 21:13
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On the Lebanese-Syrian relations, Prince Saud said 'We are hoping for sound relations between Lebanon and Syria this is what we had hoped to work for I think both countries are interested in sound relationship between them. It only makes sense, because instability in one reflects on the other. This is the nature of geography and history of the region. So, I think it behooves both countries to do what is necessary to achieve this if they want to achieve a good relationship between them that is the interest of both countries and both peoples. Also the content of this should be how this relationship should be achieved; it depends on both countries needless to say. There are many people who accuse here and there each side for trying to destabilize the other side. But we think the stability of both is important for each. If there are problems in each country, they are not because of the other country. Some of them are indigenous. Not everything can be blamed one side on the other. But we hoped, and here we are walking on delicate ground, this is a delicate time, for Lebanon. We believe that allowing the process that they have started without injecting any new influences on it, allowing the process that they have started to work through the crisis is the better policy for all of us. And for the restructuring, and here I do not want to blame foreign ministers for it. Foreign Ministers were responsible for the committee that is supposed to follow unfortunately, they are busy, at least His Excellency the French Foreign Minister is busy, and I am not as busy as he is. He has much more work to do than I. But we find that it is better that this committee be chaired by minister that are dealing directly in economic affairs. We have, therefore, decided to change the heads of the committee, and we have made the preparatory committee not just a preparatory committee but a follow up committee as well. So it is going to prepare the agendas, prepare the issues, and also pursue the implementation one important change is the stress on the role of the private sector. As you seen there have been quite a few. I think they outnumbered you also in the French delegation that came here this is encouraging to us because we believe the private sector is the main initiator of economic activity. We would like to see more French companies come to Saudi Arabia not only for trade but for investment vice versa, I would like to see Saudi companies finding partners with French companies and investing in France. The laws also that can help them in this have been reviewed. Whatever facilities that we can provide both governments to expand this role of the private sector are going to be undertaken. --more 14 36 Local Time 11 36 GMT www.spa.gov.sa/337334

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