Riyadh [Saudi Arabia], July 16 (ANI/Xinhua): Saudi Arabian Crown Prince Mohammed bin Salman Al Saud said on Saturday that the kingdom will increase oil production to 13 million barrels per day at most, the Saudi Press Agency reported.
Saudi Arabia won’t have the capability to raise production further, the crown prince was quoted as saying. His announcement came during a summit in Jeddah with U.S. President Joe Biden and leaders of other Gulf Cooperation Council member states, Egypt, Jordan and Iraq.
The crown prince said unrealistic energy policies would lead to higher inflation, urging unified efforts to support the world economy at a time of profound challenges. He called for international efforts to face the challenges of COVID-19 and geopolitics situations to achieve global economic recovery and food and health security.
Biden attended the summit on the last day of his first Middle East tour since taking office in early 2021. (ANI/Xinhua)
Egypt, US discuss cooperation, global supplies of food, energy
Cairo [Egypt], July 16 (ANI/Xinhua): Egyptian President Abdel-Fattah al-Sisi and US President Joe Biden on Saturday discussed cooperation between the two countries, the repercussions of the global food crisis, and the disruption of energy supplies, the Egyptian Presidency said in a statement.
Sisi and Biden met in the Saudi Arabian city of Jeddah, where they will also participate in a joint conference later in the day with the leaders of the Gulf Cooperation Council member states, as well as the Jordanian king and the Iraqi prime minister. This was the first meeting between Sisi and Biden.
During the meeting, Sisi underlined Egypt’s keenness to strengthen cooperation with the United States and the importance of the Egypt-US partnership in promoting peace and stability in the Middle East region, according to the statement. For his part, Biden affirmed his government’s aspiration to activate the frameworks of bilateral cooperation and enhance the existing coordination and consultation between the two countries.
Sisi also stressed the need to help regional countries through crises and reach a just and comprehensive solution that guarantees the rights of the Palestinian people and the establishment of their independent state, according to the statement. On the disputed Grand Ethiopian Renaissance Dam that also involves Sudan and Egypt, the Egyptian leader demanded to reach a binding legal agreement for the process of filling and operating the dam, in a manner that preserves Egyptian water security and achieves the common interests of all three countries. (ANI/Xinhua)
