Sat Nov 18 2017, 18:48:11 +03

Saudi Arabia and France sign significant defense deals worth $12 billion

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(Paris-AlummahWorld, Ramadan 08, 1436, June 25, 2015) Official visit to France by Saudi Deputy Crown Prince Mohammed bin Salman revealed extraordinarily growing ties between Riyadh and Paris as France succeed to sign significant defense deals worth $12 billion with the Kingdom.

Adel bin Ahmed Al-Jubeir, Foreign Minister, stressed keenness of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and French President Francois Hollande on enhancing bilateral relations between the Kingdom of Saudi Arabia and the Republic of France in all fields, including the political, security, military, economic and education fields and other areas, Saudi News Agency reported.

KSA FM Jubair

Saudi Foreign Minister Adel bin Ahmed Al-JubeirAdel bin Ahmed Al-Jubeir at a press conference

Al-Jubeir added that mechanism for coordination and consultation is established, including Joint Committee between the two countries co-chaired by the two foreign ministers and under supervision of Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, Second Deputy Premier and Minister of Defense where the Saudi side has followed the work of this Committee carefully in addition to carry out achievements quickly.

This came in a press conference held here today between Adel bin Ahmed Al-Jubeir, Foreign Minister, and French Minister of Foreign Affairs Laurent Fabius.

On the deals signed by Riyadh and Paris, Foreign Minister Al-Jubeir said that the agreements have been discussed and finalized in a short period of less than six weeks. He confirmed that there should be coordination and consultation between the two countries to find solutions for the political issues, including the situation in the region and challenges facing the region and how to deal with them in the interest of the two countries.

'There should be coordination and consultation between the two countries in the fields of economy, trade, investment, technology, armament, defense and military cooperation,' he added.

Saudi Foreign Minister Jubeir, who was speaking during a press conference with his French counterpart, said that arms agreements with France were among Wednesday’s discussions.
French Foreign Minister Laurent Fabius said that the contracts include 23 Airbus H145 helicopters worth $500 million.

Fabius also said that Saudi Arabia was planning to sign off on a feasibility study for the construction of two nuclear reactors in the kingdom with France.
Speaking about the nuclear reactors, Jubeir said that Saudi was keen to acquire advanced technology from France.

Saudi Defense Minister and Deputy Crown Prince Mohammed bin Salman said he was still discussing the price for a contract for French naval patrol boats.
The defense minister met with President Francois Hollande, Foreign Minister Laurent Fabius and Defense Minister Jean-Yves Le Drian. Mohammed bin Salman was accompanied by Saudi Foreign Minister Adel Al Jubeir and senior Saudi defense officials.

Analysts in the Middle East regarded Saudi Defense Minister Mohammed Salman visit to Paris a sign that the Kingdom is setting priorities to strenthen defense capabilities and political ties with France, Russia and other powers.