Custodian of the Two Holy Mosques Chairs Cabinet's Virtual Session 2 Riyadh

Tuesday 1441/8/28 - 2020/04/21
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The Cabinet praised the Kingdom’s contribution of US $500 million to support global efforts in combatting the novel COVID-19 pandemic, enhancing emergency and preparedness response, developing and deploying new diagnostic tools, therapeutics and vaccines, fulfilling unmet needs for international surveillance and coordination, and ensuring sufficient supplies of protective equipment for health workers. The Cabinet renewed the Kingdom's call on all countries, non-governmental organizations, charitable foundations, and the private sector to take part in global efforts to close the required financing gap in order to combat the COVID-19 pandemic, which is estimated to be over US $8 billion
Dr. Majid bin Abdullah Al-Qasabi pointed out that the Cabinet discussed the Kingdom’s keenness to achieve stability in the oil market, its affirmation with the Russian Federation of a firm commitment to implement agreed targeted cuts over the next two years, their continuing monitoring of oil market situations closely, and being prepared to take further measures jointly with OPEC+ and other producers.
The Cabinet reviewed topics on its agenda, including some being co-studied by the Shura Council; and was briefed on the outcomes reached by the Economic and Development Affairs Council, the Political and Security Affairs Council, the General Committee of the Cabinet, and the Cabinet's Bureau of Experts in this regard.
The Cabinet decided the following:
First :
Approval of a framework agreement for cooperation in the peaceful uses of nuclear energy between the government of the Kingdom of Saudi Arabia and the government of the United Arab Emirates.
Second :
Approval of a guiding form for a cooperation agreement in the field of arrival of pilgrims and Umrah performers between the government of the Kingdom of Saudi Arabia and targeted countries benefiting from (Makkah Road Service) and authorizing Minister of Interior - or his deputy - to negotiate with competent authorities in the targeted countries regarding a draft agreement referred to, sign it, and submit the final copy to complete legal procedures.
16:13 LOCAL TIME 13:13 GMT