For his part, the Russian Energy Minister stressed the depth of Saudi-Russian economic relations, saying that the visit paid by the Custodian of the Two Holy Mosques to Moscow has contributed to enhancing cooperation between the two countries. At the end of the meeting, the two sides stressed the importance of enhancing bilateral cooperation in various fields reviewed by the committee, expressing common desire to activate the agreements, memoranda of understanding and programs which were signed during the visit of the Custodian of the Two Holy Mosques to Russia last month, and to enhance trade and investment cooperation. The two sides also affirmed determination to promote industrial cooperation in various fields, including aluminum industry. It's noteworthy that in 2016, the volume of trade exchange between the two countries reached SR2.757 billion, while the joint projects in private sector between the two countries reached 22 with a capital of SR84 million. --SPA 18:48 LOCAL TIME 15:48 GMT www.spa.gov.sa/w526926