According to Saudi Gazette, Saudi Crown Prince Mohammed bin
Salman has called for creating conditions that lead to stability in Gaza and
lasting peace that ensures a just solution to the Middle East conflict by
establishing a Palestinian state within the 1967 borders.
Prince Mohammed affirmed the Kingdom's categorical rejection
of targeting civilians under any pretext and stressed the importance of
adhering to international humanitarian law and the need to stop military
operations against civilians and their infrastructure that directly affects
their lives.
The Crown Prince made the remarks during his opening speech
at the GCC-ASEAN summit in Riyadh on Friday.
"As we are holding this meeting, we are pained by the
escalation of the ongoing violence in Gaza, the price of which is being paid by
innocent civilians," he said.
Deputizing for Custodian of the Two Holy Mosques King Salman, Prince Mohammed
chaired the Riyadh Summit of the Gulf Cooperation Council (GCC) and the
Association of Southeast Asian Nations (ASEAN).
The Crown Prince received the leaders and heads of
delegations participating in the summit upon their arrival at the summit's
venue.
At the outset of the summit, verses of the Holy Qur'an were
recited, following that the Crown Prince delivered the opening speech.
He said, "On behalf of the Custodian of the Two Holy
Mosques, King Salman bin Abdulaziz, I am delighted to welcome you to the
Kingdom of Saudi Arabia. We are pleased to hold this summit that is a testimony
to the friendship and cooperation between the GCC states and ASEAN.
"Our meeting today aims to further develop cooperation
and partnership in a way that fulfills the interests of peoples, increases
opportunities for development, and consolidates security and stability."
He
added, "The GCC-ASEAN countries have achieved a milestone in economic
development, with the collective GDP of our countries exceeding US$7.8
trillion. We have witnessed economic growth that has increased our countries'
contribution to the global GDP; the economies of the GCC and ASEAN countries
have grown by 7.3% and 5.7%, respectively in 2022, motivating us to work
together toward a more prosperous economy."
The growing GCC-ASEAN trade relations are evident by the
volume of trade with the ASEAN countries, amounting to US$137 billion, 8% of
GCC's global trade. The GCC exports to the ASEAN countries constitute 9% of its
total exports; the GCC imports from ASEAN amount to 6% of the total GCC
imports.
Over
the past 20 years, the GCC invested 4% of its total foreign investments in
ASEAN countries, amounting to US$75 billion. The ASEAN investment in the GCC
accounts for 3.4% of the total foreign direct investments in the GCC countries,
amounting to US$24.8 billion.
"We look forward to strengthening our economic
relations, taking advantage of the available opportunities, and opening new
scopes of cooperation in all fields, in light of the human resources,
commercial opportunities, and promising investment projects that our countries
possess."
Prince Mohammed commended "the level of coordination
and cooperation our countries enjoy when it comes to international
developments," while reaffirming the keenness to further advance joint
action "to realize our goals and meet the aspirations of our
peoples."
The Crown Prince appreciated ASEAN countries' support for
the Kingdom's bid to host the Expo 2030 in Riyadh.
"The
joint GCC-ASEAN action plan for 2024-2028 sets out a clear road map for
increasing cooperation and partnership, which we are all keen to do, in various
fields in order to serve our interests," he said.
He pledged that GCC countries will continue to be safe and
reliable sources of energy, and contribute to maintaining the stability of
global energy markets. "We are striving, at an accelerated pace, to meet,
in a sustainable way, the requirements for developing clean, low-carbon energy
technologies and petrochemical supply chains," Prince Mohammed said.
"We also look forward to achieving the maximum benefit
from logistical resources and infrastructure, for expanding cooperation in
tourism and cultural activities, enhancing communication among our peoples and
establishing partnerships among the business sectors in our countries, to
contribute to achieving the goals of our ambitious visions for a better future
of prosperity, development and progress."