Addressing the gathering, the Custodian of the Two Holy Mosques delivered the following speech: "In the name of Allah, most gracious, most merciful, Alsalamu Alaykum Warahmatu Allahi Wa Barakatu, It gives me a great pleasure to meet with you today. My visit comes to reassure that we are proceeding forward in a serious search for joint opportunities to boost relations between our two countries in all fields. We express our full satisfaction over the conformity of points of views with the Russian leadership towards working to push the level of bilateral relations to better potentials that lay the base for stronger partnership. The instructions we gave to the Crown Prince during his three previous visits to Russia have had a clear impact on enhancing partnership between the two sides as is apparent in the agreements and memorandums of understanding signed. Honorable audience, The Kingdom has adopted a wide-range development plan under the theme "Kingdom's vision 2030, aiming to boost the national economy and give up depending on petroleum as a sole source of income for the national economy. It represents a map and objectives of the Kingdom for development in the years to come. The vision opens promising potentials for the business sector and enhances partnership with all countries, including the Russian Federation, as we look forward to see a pioneering effective participation of Russian companies in choosing the economic opportunities provided by the vision in what enhances our partnership in all fields of cooperation to the mutual benefit of the two friendly countries, particularly their two private sectors, as this represents a great importance to the development and progress of nations. The Kingdom attaches special attention to this sector through creating the appropriate environment for its development and business. Honorable Attendees, In its capacity as a key producer of oil, the Kingdom was and still keen to achieve a stable international oil market that achieves an equilibrium between the interests of consumers and producers alike and opens aspects of investment in the different energy sectors. To this effect, our interaction with the Russian friends was crucial to reach the horizons of restoring balance to the international oil market, a hope we still forecast. In conclusion, let me thank all of you for your efforts and endeavor to contribute to the enhancement of relations between our two countries in a way that serves the joint interests for our peoples, wishing you every success. Wal Salamu Alaykum Warahmatu Allahi Wa Barakatu". Then the audience were graced to shake hands with the Custodian of the Two Holy Mosques. --More 23:37 LOCAL TIME 20:37 GMT www.spa.gov.sa/w505781