The Impact of the Saudi-Iran Deal on Global Politics.

1 min read
Source: Reuters.com
The Impact of the Saudi-Iran Deal on Global Politics.
Photo: Reuters.com
TL;DR Summary

Saudi Arabia's Finance Minister, Mohammed Al-Jadaan, has said that Saudi investments into Iran could happen "very quickly" following an agreement to restore diplomatic ties. The deal, brokered by China, was announced after four days of previously undisclosed talks in Beijing between top security officials from Saudi Arabia and Iran. Both sides have agreed to re-activate a 2001 security agreement, which covers cooperation in fighting drugs, smuggling and organised crime, as well as another earlier pact on trade, economy and investment.

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