Contents tagged with Saudi Arabia
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U.S.-Russia talks in Saudi Arabia fail to yield joint statement
The United States and Russia did not issue a joint statement following their March 24 negotiations in Riyadh, according to Vladimir Chizhov, Deputy Chairman of the Defense and Security Committee of Russia's Federation Council. The talks, which extended over 12 hours, reportedly reached a tentative agreement but ultimately did not result in a sign-off.
Chizhov revealed the details during an appearance on the "Russia 24" television channel, as reported on March 25 by Russian media outlet Glavny …
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Amid tense talks in Saudi Arabia, Russia demands U.S. cede four regions of Ukraine
During high-stakes talks with the United States in Saudi Arabia, Russia remains firm on its demand for control over four Ukrainian regions, banking on the idea that the U.S. won't be concerned about changing borders between Ukraine and Russia. Citing its own sources, The Moscow Times reports that the Russian delegation is pressing the U.S. to cede to its control over the Donetsk, Luhansk, Zaporizhzhia, and Kherson regions of Ukraine.
The Kremlin insists on gaining control of these regions …
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Russian technical team at Saudi Arabia negotiations led by chief ideologue of Ukraine invasion
Technical negotiations between the U.S. and Russia to establish a ceasefire in Ukraine are ongoing in Saudi Arabia today. Reports suggest that parties will discuss a 30-day truce, not just in the energy sector but also in the Black Sea, which is expected to pave the way for the resumption of shipping route.
What has particularly drawn experts' and media's interest is the appointment of Sergei Beseda as the head of the Russian negotiation team. Beseda, the former head of the Fifth Service of …
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Kremlin reviews U.S.-Ukraine talks in Jeddah, awaits brief from Washington
The Kremlin is currently examining proposals from the recent U.S.-Ukraine negotiations held in Jeddah, as Moscow anticipates Washington to provide details about the meetings. This was disclosed on Wednesday, March 12, by Dmitry Peskov, the spokesperson for the Russian President, during a briefing.
He stated that Russia expects U.S. Secretary of State Marco Rubio and National Security Adviser Mike Waltz to inform Moscow about the outcomes of these discussions through various channels in the …
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Ukraine agrees to 30-day ceasefire following Saudi Arabia talks
Talks in Saudi Arabia have led to Ukraine agreeing to a 30-day ceasefire, while the United States announced it would immediately lift a pause on intelligence sharing and resume its security assistance to Ukraine.
Following discussions with the Ukrainian delegation in Saudi Arabia, the U.S. moved to restore intelligence cooperation and security aid to Ukraine, according to a statement on the Ukrainian President's website. Kyiv, in turn, consented to a 30-day ceasefire.
Officials from both …
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Saudi Arabia poised to invest in Ukraine's post-war reconstruction efforts
Saudi Arabia could become a key player in Ukraine's post-war reconstruction. According to agreements reached during a meeting between Ukrainian President Volodymyr Zelensky and Saudi Crown Prince Mohammed bin Salman in Jeddah, the two leaders committed to strengthening investment cooperation.
Ukraine is eager to boost collaborations in economic, trade, and energy sectors, inviting Saudi investment in its recovery. The Crown Prince confirmed intentions to invest in Ukraine's future.
Saudi …
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China and Saudi Arabia halt crucial MDI chemical shipments to Russia amid sanctions
In a significant development, China and Saudi Arabia have stopped the supply of irreplaceable chemical products to Russia. Currently, Russia is entirely dependent on imported MDI, especially following the European Union's 14th sanctions package.
According to the Polish newspaper Rzeczpospolita, Chinese giant Wanhua Chemical Group and Saudi firm Sadara Chemical have ceased shipments of isocyanates (MDI) to Russia. This chemical is crucial in sectors like automotive, construction, and household …
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China reduces imports of Russian oil
For the second year in a row Russia loses to Saudi Arabia the competition for the world's largest oil market.
China, which buys more than 10% of world oil production daily, reduced imports of Russian oil in 2021, TASS reports, citing statistics from the General Administration of Customs of China.
During the year, Russian oil companies sold 79.64 million tons of oil to Chinese customers, which is 4.5% less than a year earlier. The volume of supplies shrank to the levels of 2 years ago: in 2020 …
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Russia offers Saudi Arabia weapons ‘tested in Syria’
Russian Deputy Defense Minister Alexander Fomin and his Saudi counterpart Prince Khaled bin Salman signed an intergovernmental agreement on military cooperation. The signing ceremony was attended by the head of the Russian Defense Ministry, Sergey Shoygu.
On August 23, Sergey Shoygu held talks at the forum "Army-2021" with Deputy Defense Minister Prince Khalid bin Salman, reports Rossiyskaya Gazeta. Shoygu told Prince Khalid bin Salman that the Russian Defense Ministry is interested in dynamic …
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Russia capitulates in oil war
The Kremlin's attempt to show its teeth in the global oil market and sacrifice a partnership with Saudi Arabia in order to strike the U.S. shale industry ended in Russia's capitulation.
On Thursday, following a video conference, the ministers of the OPEC countries reached an agreement to stabilize the global oil market, which was on the verge of disaster due to the coronavirus pandemic that brought down global demand.
To stop the collapse of prices falling to the levels of the late 1990s ($10. …