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الوطن
Paris Summit Advances Saudi-France Ties
The visit of Crown Prince Mohammed bin Salman to France demonstrated a commitment to strengthening the bilateral relationship between the Kingdom and France. This was marked by the signing of memoranda of understanding and the launch of the Strategic Partnership Council, which reflects both parties' desire to develop sustainable cooperation across multiple sectors. Joint efforts focused on supporting the Palestinian cause and enhancing regional security and stability, including collaboration in defense, cybersecurity, and counter-terrorism. Additionally, there was an emphasis on boosting trade and investments, with trade exchanging $11.5 billion in 2025 and expanding French investments, which include 650 companies operating in Saudi Arabia. The partnership also concentrated on traditional and renewable energy projects and efforts to combat climate change through initiatives such as "Saudi Green" and "Middle East Green." Financial backing of $10 billion from the Public Investment Fund was committed to facilitate projects between the two nations. Moreover, there is a focus on cultural and tourism cooperation through initiatives like the development of Al-Ula Province and hosting global sporting events.
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