New delhi: On behalf of Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah, Vice Minister of Foreign Affairs Waleed Elkhereiji took part today in the BRICS Foreign Ministers' Meeting in New Delhi under the theme 'Building for Resilience, Innovation, Cooperation and Sustainability.' The Kingdom participated in its capacity as a BRICS member country.
According to Saudi Press Agency, the vice minister delivered a speech in which he stressed that the world is witnessing rapid technological and economic transformations. He emphasized the importance of enabling countries to keep pace with accelerating digital transformation, particularly in light of the growing opportunities and future implications associated with artificial intelligence.
He stated that ensuring fair access to technology and digital capabilities will remain an essential element in achieving sustainable and balanced development for all.
Elkhereiji asserted that stability in the Arabian Gulf and the Red Sea is not merely a regional matter, but a fundamental pillar for the resilience and stability of the global economy, particularly during periods of uncertainty and crises. Preserving this stability is a shared responsibility and a collective interest of the entire international community.
He expressed deep concern over the current situation and recent attacks targeting Gulf countries and Jordan. Elkhereiji highlighted the importance of de-escalation, restraint, and adherence to international law, while emphasizing the need to avoid further steps that could exacerbate tensions in the region.
He reaffirmed the Kingdom's emphasis on the importance of continuing dialogue among all concerned parties, including BRICS countries, in support of efforts aimed at enhancing regional stability and security.
Elkhereiji noted that the region remains a vital hub in global trade networks, with a large share of global energy supplies and commercial goods moving between Asia and Europe through maritime corridors in the Arabian Gulf and the Red Sea.
He stressed that any disruption affecting the security or stability of the region would have immediate and wide-ranging repercussions for global energy markets, inflation rates, sustainable development efforts, and global economic growth in general.
