The pivotal role of the oil industry in strengthening the common economic interests of Iran and Saudi Arabia

According to Shana reporter, Javad Oji, while congratulating the Saudi government and people on this day, expressed hope that the country’s ambassador to Iran would witness success and achievement in reaching the horizons of development and progress, on Tuesday evening (October 24), expressing hope that with God’s grace and the motivated efforts of Saudi Arabian officials, we will witness the success and achievement of this country in reaching the horizons of development and progress.

He added: The Islamic Republic of Iran and the Kingdom of Saudi Arabia are two major regional powers whose cooperation will be effective in expanding security, economic prosperity, and cultural and social prosperity of the Islamic world and shaping international and energy interactions, and in this way, the oil industry can play a pivotal role in strengthening the common economic interests of the two nations.

The Minister of Oil stated that fortunately, relations between the Islamic Republic of Iran and Saudi Arabia are undergoing a growing and positive trend, and stated: The great potential for cooperation is becoming apparent among the officials and officials of the two countries in Tehran and Riyadh.

Noting that the high-ranking officials of the two countries have made mutual invitations to meet, Oji said: “We are taking steps towards the future so that we can witness tangible achievements before the visit of the high-ranking officials of the two countries.”

He said: “The multilateral cooperation between Iran and Saudi Arabia within the framework of international and regional organizations is an extraordinary capacity that has provided new opportunities more than ever before. In addition to various parts of the United Nations, the Organization of the Petroleum Exporting Countries (OPEC) and the Organization of Islamic Cooperation, which have a long history, new international mechanisms such as the Shanghai Cooperation Organization and BRICS will also strengthen the ties between the two countries in the future.”

The head of the Iran-Saudi Arabia Joint Cooperation Commission stated: As two of the five founding members of OPEC, the two countries have been working together and alongside other members of this organization to stabilize the oil market for more than 63 years, with various ups and downs. This level of cooperation is very unique in the current world.

Oji continued: As the Iranian head of the Joint Economic Cooperation Commission of the two countries, I believe that strengthening economic relations between Iran and Saudi Arabia, as well as neighboring countries, will create a new chapter of development in the region.

He emphasized: The trips of the Muslim people of Iran and Saudi Arabia to each other’s countries will lead to familiarization with each other’s culture, developments, and traditions, therefore we have a duty to provide facilities for these trips soon.

The Minister of Oil, pointing out that sports in recent weeks have shown how much our people can communicate and become intimate with each other with full respect for each other, said: I hope that by taking advantage of the many cultural and religious commonalities between the two nations, we will witness the increasing expansion of cooperation, friendship, and brotherhood.

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