The China Mail - Iran, Saudi Arabia vow to bring Mideast 'security, stability'

USD -
AED 3.672497
AFN 64.492135
ALL 81.048549
AMD 361.549984
ANG 1.789785
AOA 917.999896
ARS 1524.161602
AUD 1.430718
AWG 1.8
AZN 1.711051
BAM 1.743829
BBD 2.014417
BDT 123.721084
BGN 1.747831
BHD 0.377781
BIF 3002.474199
BMD 1
BND 1.279451
BOB 11.686453
BRL 5.039727
BSD 1.000134
BTN 94.889261
BWP 13.713165
BYN 2.983818
BYR 19600
BZD 2.011502
CAD 1.40852
CDF 2314.999907
CHF 0.825295
CLF 0.024929
CLP 981.129776
CNY 6.679149
CNH 6.67865
COP 3160.57
CRC 454.28202
CUC 1
CUP 24.00428
CVE 98.605413
CZK 21.66675
DJF 178.099352
DKK 6.656545
DOP 61.513085
DZD 134.610975
EGP 53.906501
ERN 15
ETB 163.367705
EUR 0.89055
FJD 2.25795
FKP 0.750648
GBP 0.75015
GEL 2.595011
GGP 0.750648
GHS 11.687293
GIP 0.750648
GMD 73.492811
GNF 8797.502337
GTQ 7.646492
GYD 209.208602
HKD 7.848035
HNL 26.847307
HRK 6.710797
HTG 130.833872
HUF 322.972498
IDR 18000.7
ILS 3.103498
IMP 0.750648
INR 94.992198
IQD 1516.294414
IRR 1795727.498681
ISK 121.330437
JEP 0.750648
JMD 158.942169
JOD 0.709008
JPY 158.375017
KES 130.000295
KGS 87.450356
KHR 4069.000276
KMF 440.000256
KPW 899.999961
KRW 1328.78991
KWD 0.310903
KYD 0.833489
KZT 452.159957
LAK 22504.569569
LBP 89556.991932
LKR 331.452008
LRD 170.530333
LSL 16.440892
LTL 2.95274
LVL 0.60489
LYD 6.418795
MAD 9.781598
MDL 17.833435
MGA 4533.903972
MKD 54.963867
MMK 2099.513869
MNT 3596.411813
MOP 8.085328
MRU 40.042798
MUR 47.249892
MVR 15.449741
MWK 1741.999723
MXN 18.395697
MYR 4.0821
MZN 63.898797
NAD 16.440819
NGN 1329.969735
NIO 36.805385
NOK 9.39884
NPR 151.823815
NZD 1.762475
OMR 0.384499
PAB 1.000129
PEN 3.450403
PGK 4.549102
PHP 63.065008
PKR 276.871294
PLN 3.89216
PYG 5768.724951
QAR 3.645636
RON 4.743201
RSD 104.554975
RUB 82.747787
RWF 1478.255055
SAR 3.763651
SBD 8.064647
SCR 13.966184
SDG 601.498512
SEK 9.897865
SGD 1.278845
SHP 0.754745
SLE 24.680566
SLL 20969.504398
SOS 571.62473
SRD 37.702894
STD 20697.981008
STN 21.844963
SVC 8.751165
SYP 13001.999685
SZL 16.43529
THB 33.596497
TJS 9.211455
TMT 3.5
TND 2.985663
TOP 2.40776
TRY 49.578402
TTD 6.785253
TWD 32.585495
TZS 2649.999839
UAH 45.096251
UGX 4160.276757
UYU 40.158351
UZS 12046.721056
VES 878.910597
VND 25868.5
VUV 118.97233
WST 2.787823
XAF 584.162699
XAG 0.017418
XAU 0.000241412359
XCD 2.70255
XCG 1.802595
XDR 0.707052
XOF 584.162699
XPF 106.334983
YER 236.149766
ZAR 16.407555
ZMK 9001.196736
ZMW 19.978334
ZWL 321.999592
SSP 5750.775019
MXV 2.076687
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Iran, Saudi Arabia vow to bring Mideast 'security, stability'
Iran, Saudi Arabia vow to bring Mideast 'security, stability' / Photo: © Iranian Foreign Ministry/AFP

Iran, Saudi Arabia vow to bring Mideast 'security, stability'

Top diplomats from Middle East rivals Iran and Saudi Arabia met in Beijing on Thursday, resuming diplomatic relations and pledging to work together to bring "security and stability" to their turbulent region.

Text size:

In a joint statement released after talks between Iranian Foreign Minister Hossein Amir-Abdollahian and Saudi counterpart Prince Faisal bin Farhan, the two sides vowed to continue to work together to improve ties.

The meeting came after a surprise China-brokered deal in March put Tehran and Riyadh on a path to restore relations that had been severed seven years ago when protesters in Iran attacked Saudi diplomatic missions.

"The two sides emphasised the importance of following up on the implementation of the Beijing Agreement and its activation in a way that expands mutual trust and the fields of cooperation and helps create security, stability and prosperity in the region," Thursday's joint statement said.

Chinese Foreign Minister Qin Gang "witnessed the signing of a joint statement between Saudi Arabia and Iran, and the two countries announced the resumption of diplomatic relations with immediate effect", the ministry said.

French President Emmanuel Macron and EU chief Ursula von der Leyen were also in the Chinese capital Thursday, seeking to make Europe's case in a meeting with Xi Jinping for bringing an end to the conflict in Ukraine.

Macron, in joint remarks to the media alongside Xi, welcomed the Iran-Saudi thaw as he congratulated his Chinese counterpart for securing "this important step forward".

- Shock rapprochement -

The shock rapprochement between mainly Sunni Muslim Saudi Arabia, the world's biggest oil exporter, and Shiite-majority Iran, strongly at odds with Western governments over its nuclear activities, has the potential to reshape relations across a region characterised by turbulence for decades.

The two sides "negotiated and exchanged opinions with the emphasis on the official resumption of bilateral relations and the executive steps towards the reopening of the embassies and consulates of the two countries", Iran's foreign ministry said in a statement.

Saudi state TV channel Al Ekhbariya aired footage of the pair of diplomats shaking hands in front of Saudi and Iranian flags and then talking and smiling.

Chinese foreign ministry spokesperson Mao Ning hailed the meeting, adding that the ministers "expressed their gratitude to China for its contribution to the promotion of dialogue".

Under last month's agreement, the two countries are to reopen their embassies and missions within two months and implement security and economic cooperation deals signed more than 20 years ago.

Saudi Arabia severed relations with Iran in January 2016, after protesters attacked its embassy in Tehran and consulate in the Iranian city of Mashhad over Riyadh's execution of the Saudi opposition Shiite cleric Nimr al-Nimr.

Talks between the foreign ministers are expected to be followed by Iranian President Ebrahim Raisi's visit to Riyadh.

Raisi accepted an invitation from Saudi Arabia's King Salman, Iran's First Vice President Mohammad Mokhber said on Monday.

- Challenge to US -

Iran and Saudi Arabia support rival sides in several conflict zones across the region, including in Yemen, where Huthi rebels are backed by Tehran and Riyadh leads a military coalition supporting the government.

The two sides also vie for influence in Syria, Lebanon and Iraq.

Riyadh's traditional ally Washington welcomed the detente agreement but said it remains to be seen whether the Iranians will "honour their side of the deal".

China's success in bringing Iran and Saudi Arabia together has challenged the United States' long-standing role as the main outside power broker in the Middle East.

An expert told AFP that Beijing's role would likely increase confidence that any deal would stick.

"Because China is a strong backer of Iran, Saudi should have more confidence in Iran's ability to comply with the agreement, an issue that has always been in doubt," said Joel Rubin, former US Deputy Assistant Secretary of State for Legislative Affairs.

Thursday's meeting "suggests that the process hasn't gone off track since the Beijing announcement last month", said Ali Vaez, Director of the International Crisis Group's Iran Project.

"But it's still early days to judge whether this is just a tactical detente or a way-station towards strategic rapprochement."

- Warming ties -

Officials from Iran and Saudi Arabia held several rounds of dialogue in Baghdad and Oman before they met in Beijing.

In 2016 several Gulf countries followed Riyadh's action in scaling back ties with Tehran, but they have led the way in restoring diplomatic relations.

Iran welcomed an Emirati ambassador last September, after a six-year absence, and on Wednesday named its own ambassador to the UAE following a nearly eight-year hiatus.

It said last year Kuwait had sent its first ambassador to Tehran since 2016.

Iran has also welcomed a potential rapprochement with Bahrain, a close Saudi ally, which in the past accused Iran of backing a Shiite-led uprising in the Sunni-ruled kingdom, an accusation Tehran denies.

A.Kwok--ThChM