Talks between the President of Russia and King Salman bin Abdulaziz Al Saud of Saudi Arabia

On October 14, 2019, Al-Yamama Palace in Riyadh hosted talks between the President of Russia and King Salman bin Abdulaziz Al Saud of Saudi Arabia. It's Putin's second visit to Saudi Arabia. The Russian-Arab Business Council arranged business forum, confined to the very first visit of the President in February 2007.
The talks focused, among other things, on coordinating measures to stabilize oil prices. The parties had a detailed exchange of views on current international issues, with an emphasis on the developments in the Middle East and North Africa. The President noted successful bilateral cooperation in energy, industry, transport, banking, digital technology and space exploration.

Following the visit, 21 bilateral documents were signed, including both interagency and commercial agreements. The sides signed the Charter of Cooperation of Oil Producing Countries and the programme for high level Russian-Saudi strategic cooperation of the Joint Intergovernmental Commission on Trade, Economic, Scientific and Technological Cooperation. Other documents concern cooperation in manned cosmonautics, energy, culture, healthcare, mass communications, tourism, mutual visa facilitation agreements, encouragement and protection of capital investment and mutual expansion of agricultural and food exports. A number of documents regulate specific issues of joint investment and joint projects.