Saudi Cabinet authorizes ministers to discuss agreements with Thailand in energy, tourism sectors

King Salman chairs the weekly Cabinet session. SPA
King Salman chairs the weekly Cabinet session. SPA
Short Url
Updated 09 August 2022
Follow

Saudi Cabinet authorizes ministers to discuss agreements with Thailand in energy, tourism sectors

Saudi Cabinet authorizes ministers to discuss agreements with Thailand in energy, tourism sectors

RIYADH: Saudi Arabia’s Cabinet on Tuesday authorized the ministers of energy and tourism to discuss with Thailand a draft cooperation agreement in their respective fields, the Saudi Press Agency reported. 

The council of ministers also approved an initial agreement on cooperation in the field of labor between Saudi Arabia and Azerbaijan.

The Cabinet also approved two memorandums of understanding between Saudi Arabia and France in the field of railways.

The council has also endorsed an initial agreement between Saudi Arabia’s General Authority for Statistics and the UK’s Office for National Statistics to boost cooperation.

The Saudi Cabinet also discussed the decisions taken at the recent OPEC+ ministerial meeting to amend the production level for the month of September 2022 stressing the need for full compliance with the specified production quotas.

It added that the stability and balance of the oil market is one of the pillars of the Kingdom’s energy strategy, as oil is an important element in supporting the growth of the global economy.