12:34 (IST), Aug 24

Brics partnership good for Saudi Arabia

For Saudi Arabia, it might look like good geopolitics to domesticate relationships with main companions who, in contrast to the United States, don’t cavil over human rights. But it is also good enterprise. The nation of greater than 32 million individuals, lots of them younger, is searching for to diversify an virtually solely oil-dependent financial system. Saudi Arabia is the Brics membership’s largest buying and selling associate within the Middle East, with commerce reaching $160 billion final yr, the overseas minister, Prince Faisal bin Farhan, stated in June.