Riyadh Moscow Cooperation

Experts and diplomats said at a seminar in Riyadh that the centenary of Saudi-Russian relations, established in 1926, offers an opportunity to assess their development and expand cooperation, particularly in energy, investment, industry, mining and food security. Coordination between the two countries through OPEC+ has helped support stability in energy markets, while dialogue has continued despite differences over regional and international issues and the need to discuss disagreements more openly. They also pointed to an imbalance in trade: Saudi imports from Russia exceeded 12 billion riyals, while Saudi exports amounted to no more than 274 million riyals. The mutual visa-exemption agreement also took effect on May 11, 2026.

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