In an interview published on Sunday in Okaz, Foreign Minister Prince Saud Al-Faisal
declared that King Muhammad VI of Morocco had demonstrated that there is hope regarding
cooperation among the North African states. He referred to the current tour of Deputy Prime
Minister and Commander of the National Guard Crown Prince Abdullah Bin Abdul Aziz to
Morocco, Algeria, and Tunisia as important, and expressed optimism that a common
understanding will be reached among the countries of the Maghreb.
In yesterday's Okaz, Algerian President Abdulaziz Bouteflika welcomed the Crown Prince's
visit to Algeria, which, he said, would strengthen the dialogue on issues he had earlier
discussed with Custodian of the Two Holy Mosques King Fahd Bin Abdul Aziz. The Algerian
President expressed his readiness to promote a dialogue with his brother King Muhammad VI
of Morocco on any subject, whatever the difficulties, without any reservations. He affirmed
that Algeria is fully ready to open a new page in its relations with Morocco.
In the interview published on October 10, Prince Saud Al-Faisal also commented on the
newly-formed Higher Economic Council, saying that Saudi Arabia has a comprehensive
long-term strategic vision of the council's objectives, as would soon be made clear. He
remarked that the current oil situation indicated encouragement of investment in the
production and manufacture of natural gas, rather than in exploration for crude oil,
particularly since global reserves of the latter are extensive. He explained that the
periodic meetings of the Kingdom with Venezuela and Mexico were aimed at preserving the
interests of oil-producing countries both inside and outside OPEC and guaranteeing the
stability of the oil market, and said OPEC's next meeting would focus on forging a
long-term strategy for avoiding price fluctuations.
Commenting on the World Trade Organization (WTO), Prince Saud Al-Faisal stated that
negotiations were continuing. He stressed that joining WTO would yield positive results for
the Saudi economy, and would not at all affect the religious pillars on which the country
stands. He also remarked on the importance of the forthcoming tour of Prince Sultan Bin
Abdul Aziz, Second Deputy Prime Minister, Minister of Defense and Aviation and
Inspector-General, which will take him to Washington DC, and to Paris, France.