Thailand, Saudi Arabia agree to cooperate in energy, tourism

Thailand and Saudi Arabia signed a number of bilateral agreements to cooperate in sectors including energy and tourism as the two countries gradually restore full diplomatic ties.

Saudi Crown Prince Mohammad bin Salman, who was invited by Thailand as a special guest at the Asia-Pacific Economic Cooperation Economic Leader’s Meeting, met Thai Prime Minister Prayuth Chan-Ocha late Friday and the two discussed ways to further improve bilateral relations, according to a Thai government spokesman.

Prince Mohammad, who was recently appointed as prime minister, is the highest-ranked Saudi royal family member to visit Thailand after the two countries agreed this year to resume diplomatic ties that were severed for more than three decades following a jewelry theft in 1989 and the subsequent murder of three Saudi diplomats.

The two countries signed an energy cooperation agreement, a memorandum of understanding to establish a Saudi-Thai Cooperation Council and another to promote tourism. The nations will also explore ways to promote direct investments, the Thai spokesman said. – BLOOMBERG