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Saudi Arabian Minister Says World Facing Time of 'Heightened Crisis'

Bloomberg Television3:18

Transcription

[CC may contain inaccuracies] It is unfortunate that we are meeting at a time of heightened crisis around the world, certainly in the Middle East, where I come from, where we're troubled that we're pained by the suffering of the human level. And because, as much as we we're pained by the losses of life on the other side on October seven, but through this crisis, through the crisis in Europe, through multiple other hotspots around the world, we see through them hopefully towards a better future.

And I think we in Saudi Arabia are focusing on our long-term objectives of creating prosperity and creating an example in the Middle East and the broader areas around us. We're focused on the betterment of people. There's a much better alternative than ideological tension and conflict. We're the ones neighbors.

Going back to the bigger question on the China-US relationships, I agree with you, Stephanie, that pragmatism is surfacing. We heard it from the vice president today, a call for collaboration and coexistence between the world's two economic superpowers and geopolitical powers as well, from the regional transition to a region of prosperity. I think it reminds us of something that has existed in the Middle East for many, many decades, since the 1940s, which is a big part of the Middle East. The Palestinian people have had their basic rights taken away and their right for statehood and peaceful existence unfulfilled. And it's time to use this awful situation now to bring that to the fore and to resolve it. Saudi Arabia has put forward the Arab peace plan for a long time, and we remain eager to see that plan coming to fruition through a peaceful process.

You will see this week, in the next few days, Saudi Arabia convening an emergency Arab summit in Riyadh. You will see Saudi Arabia convening an Africa-Saudi summit, and in a few days you will see Saudi Arabia convening an Islamic summit. And in the short term, the objective of bringing these three summits and other gatherings under the leadership of Saudi Arabia would be to drive towards peaceful resolution of the conflict.