Custodian of the Two Holy Mosques King Fahd Bin Abdul Aziz today presided over the regular weekly meeting of the Council of Ministers, which passed regulations prohibiting any minister from combining his position with that of member or chairman of a board of directors of a private company. There are two exemptions from this: the national oil company Saudi Aramco, and enterprises arising from international agreements. In addition, any minister who is currently holding dual positions will be able to complete his term of office at the company as long as he does not renew it during his term as a member of the Council of Ministers.
At the start of the meeting, King Fahd praised the achievements of the Gulf Cooperation Council (GCC) whose Supreme Council recently concluded its second twice-yearly consultative session in Muscat, Oman. Deputy Prime Minister and Commander of the National Guard Crown Prince Abdullah Bin Abdul Aziz led the Saudi delegation to this session. King Fahd referred to its positive results as reflecting the firmness and strength of the fraternal ties, the depth of the relations that bind the GCC member states, and their strenuous endeavors to realize common objectives in the service of their peoples, enhancing the causes of the Arab and Islamic worlds. He praised the coherence, solidarity, sincere fraternity and constructive cooperation enjoyed by the GCC countries, thanks to God Almighty and the continuous efforts and absolute dedication of the governments and peoples of the Gulf nations.
King Fahd then reviewed the firm positions of the Kingdom of Saudi Arabia on Arab and Muslim issues, citing its policy towards a number of them. He attested to the fact that, since the early days of its founder, the Kingdom of Saudi Arabia has sought the victory of Islamic causes, the service of the Arab World and the support of constructive international efforts aimed at the realization of prosperity, peace, security and stability for the various peoples of the world.
The cabinet then endorsed the general regulations on the environment and the Unified Gulf Environmental Almanac System; and authorized the Minister of Finance and National Economy or his deputy to sign a draft agreement between the governments of the Kingdom of Saudi Arabia and the Republic of Kenya to avoid tax dualism on revenues levied from international air transportation.