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Major deals expected during Saudi crown prince’s London visit

Major deals expected during Saudi crown prince’s London visit
A handout photo provided by the Saudi Royal Palace on April 4, 2017 shows Saudi Crown Prince Mohammed bin Salman (2nd L), the Kingdom's defence minister, and British Prime Minister Theresa May (R) greeting officials in the capital Riyadh. (AFP)
Updated 07 March 2018

Major deals expected during Saudi crown prince’s London visit

Major deals expected during Saudi crown prince’s London visit

LONDON: Ƶ expects to sign agreements with Britain covering a range of issues during Crown Prince Mohammed bin Salman’s visit to London this week, Foreign Minister Adel Al-Jubeir said on Monday.
Britain’s planned exit from the EU did not reduce its attractiveness as an investment destination, the minister told reporters, and he said he expected the crown prince’s visit to take bilateral relations to a higher level.
“Our relationship is so strong that the talks will be broad and wide ranging. There will be agreements and memorandums of understanding signed in a number of areas involving a broad range of issues,” he said during a media briefing at the Saudi embassy.
Asked whether Britain’s departure from the EU, scheduled for March 2019, would affect Riyadh’s view of how attractive Britain is as an investment destination, Al-Jubeir said: “We don’t think so. We think that Britain is one of the great powers.
“British ingenuity and British technology and British know-how is not going to change whether you’re part of the EU or not part of the EU.”