Miscellaneous

Saudi Crown Prince visits Spain as part of European tour

MADRID, Saudi Crown Prince Mohammad bin Salman will begin his first official visit to Spain as part of his European tour after concluding his visit to France.

The Saudi Crown Prince arrived at Torrejon de Ardoz base Air Base in Madrid, where he was received by Spanish Defense Minister Maria Dolores de Cospedal.

King Felipe VI is expected to hold a dinner banquet in honor of the Saudi crown prince who heads a high-level delegation.

Mohammad bin Salman and the king of Spain will discuss issues of a common interest, and ways to deepen bilateral relations.

During the visit, several agreements and memorandum of understanding are expected to be signed as Spain looks forward to the signing of a contract to sell five Spanish Avante 2200 warships to Saudi Arabia in a deal worth about two billion euros (USD 2.5 billion).

Saudi-Spanish relations are based not only on traditional friendship and mutual respect, and ties between the two countries, but have progressed into deeper relations when culminated by the exchange of visits at the highest levels.

The former King Juan Carlos was a frequent guest of the Saudi royal house in his final years as the ruling monarch, visiting the country five times between 2006 and 2014. His close relations reportedly helped a Spanish company win a contract in 2011 to develop the USD 7 billion high-speed railway between the two holy cities of Makkah and Madinah.

To enhance relations between the two countries, a series of deals were signed including a general agreement on economic, investment and technical cooperation and an agreement to avoid double taxation in both countries.

Source: Kuwait News Agency