Bloomberg | | Posted by Zarafshan Shiraz
Thailand and Saudi Arabia signed a number of bilateral agreements to cooperate in areas including energy and tourism as the two countries gradually restored full diplomatic relations.
Saudi Crown Prince Mohammad bin Salman, who was invited by Thailand as a special guest at the Asia-Pacific Economic Cooperation Economic Leaders’ Conference, met with Thai Prime Minister Prayuth Chan- Ocha late Friday and the two sides discussed ways to further improve bilateral relations, according to a Thai government spokesman.
Prince Mohammad, who has just been appointed prime minister, is the highest-ranking member of the Saudi royal family to visit Thailand after the two countries agreed to resume diplomatic ties that had been severed for more than three years. decade in 1989 after the jewelry theft in 1989. the subsequent murder of three Saudi diplomats.
The two countries signed an energy cooperation agreement, a memorandum of understanding to establish the Saudi-Thailand Cooperation Council and another to promote tourism. A spokesman for Thailand said countries will also explore ways to promote direct investment.
Thailand’s energy ministry said in a statement on Saturday that the energy pact would cover oil, hydrogen, carbon capture and storage, renewable and low-carbon technologies.
The ministry said PTT Pcl and the Electricity Generating Authority of Thailand signed an initial agreement with ACWA Power Co. to develop renewable energy, green hydrogen and an ammonia project in Thailand.
This story has been published from the electronic agency’s feed without any modification to the text. Only the title has been changed.
Trending topics to follow
