Russia, Saudi Arabia reach fundamentally new level of relations - energy minister

MOSCOW, October 5. /TASS/. Relations between Russia and Saudi Arabia have reached a fundamentally new level, with bilateral trade turnover growing by about 50% during the first seven months of 2017, Russian Energy Minister and Co-Chairman of the Russian-Saudi Intergovernmental Commission Alexander Novak said at the Russian-Saudi Investment Forum on Thursday. "Relations between our countries have reached a fundamentally new level recently. Parliamentary contacts show good dynamics, and the two countries business circles maintain intensive dialogue," he said, adding that that significant progress has been made. According to Novak, for the first time in history, a substantial delegation from Saudi Arabia, which includes about 200 representatives and 85 CEOs of large companies, has come to Russia. "Eighty-five heads of the largest companies flew to Russia to establish ties with Russian businesses and expand ties in all areas," the Russian minister said. Read more