Foreign Ministers of Saudi Arabia and Germany hold joint press

RIYADH, October 28, SPA -- The Custodian of the Two Holy Mosques
King Abdullah bin Abdulaziz Al Saud will attend the economic summit
of Group 20 to be held in Washington in November 2008, Prince Saud
al-Faisal, the foreign minister of the Kingdom of Saudi Arabia,
announced here today.

In a joint press conference with visiting Foreign Minister and Vice
Chancellor of Germany Dr. Frank Steinmeier, Prince Saud Al-Faisal
said the monarch welcomes the economic summit and has accepted an
invitation to take part in the meeting scheduled to discuss the
international financial crisis and its repercussions and the
requirements of joint efforts to restore confidence of the global
economy and avoid entering into a recession.
He said the talks between the Custodian of the Two Holy
Mosques King Abdullah bin Abdulaziz Al Saud and the German Minister
dealt with bilateral relations between the two countries and ways of
strengthening them in all areas, and discussed the international
financial crisis.
He pointed out that the King expressed during the meeting confidence
in the strength of the Saudi economy and that of the Gulf Cooperation
Council member states, as well s its continued growth and stable
banking system enabling it to cope with the possible effects of the
global financial crisis.
He said that the view points of the two sides were identical
as regards international and regional political issues, and peace
process in the Middle East.
They underscored the importance of exerting double efforts and
endeavors to overcome these obstacles and push the peace process
towards its agreed frameworks based on international legitimacy
resolutions and the commitments of Annapolis conference and the Arab
peace initiative.
Prince Saud Al-Faisal said "The Kingdom stresses that one
of the most important uncertainties casting shadow over the peace
process is the continuation of Israel to renege its commitments and
to take unilateral policies, including the expansion of settlements,
which would change the geographic and legal status of the occupied
territories and derail the establishment of an integral, independent
and viable Palestinian state.
He underlined the importance of taking this matter seriously,
including all issues of major conflict on Al-Quds, borders, refugees,
water and other issues which together constitute the foundations of a
just, comprehensive and lasting settlement to the conflict in the
Middle East.
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