2005 News Story

Prince Saud meets in London with U.K.’s Jack Straw

Minister of Foreign Affairs Prince Saud Al-Faisal met in London today with British Foreign Secretary Jack Straw. The meeting covered international issues such as Lebanon, Palestine, and Iraq as well as bilateral cooperation. Prince Saud is in London to attend the two-day conference 'Two Kingdoms: Facing the Challenges Ahead'.

Addressing the inaugural session yesterday, Ambassador to the United Kingdom and Ireland Prince Turki declared that investing in Saudi Arabia is profitable and promising. In an overview of the Kingdom’s progress, he referred to the Basic System of Governance that was promulgated in 1992, and its identification of Saudi Arabia an Islamic state with as its Constitution the Holy Qur’an and the sunnah [teachings of the Prophet]; and stressed the great concern for citizens – including women - to participate in political as well as in economic and social affairs. Great progress, he said, has been made in education, and in improving the performance of government institutions.

Prince Turki also highlighted the Kingdom's efforts in combating terrorism, which has never been tolerated by the Saudi people. Saudi Arabia, he said, has almost eradicated the phenomenon. In remarks to the press later, he commented that one problem his country has with the United Kingdom is the fact that the generosity of British laws is exploited by certain people, causing offense to other countries, including Saudi Arabia.
Minister of Commerce and Industry Dr Hashim Yamani confirmed the strength of the Saudi economy, and reviewed the regulations introduced by the Saudi Government to encourage investment. Governor of the Saudi Arabian General Investment Authority (SAGIA) Amr Al-Dabbagh praised his organization’s role in boosting the economic growth.