Saudi Arabia - Japan increased cooperation

Saudi Arabia and Japan have asserted the need of continuing the Middle East peace process on the basis of international legitimacy resolutions and the land for peace formula.

In a joint statement, following their official talks held in Tokyo on Wednesday, Saudi Crown Prince Abdullah Bin Abdul Aziz and Japanese Prime Minister Keizon Obuchi underlined the importance of strengthening cooperation relations between the two countries to achieve a just and comprehensive peace in the Middle East according to the signed agreements.

The two sides highly appreciated the current efforts being exerted to dismantle weapons of mass destruction in the Middle East. They praised the role played by the UN in achieving peace and stability in the region.

The statement added that the two countries signed a memorandum establishing a Saudi-Japanese joint cooperation program. The two countries also stressed the need for developing investment and trade exchange of oil products between Japan and Saudi Arabia.