Saudi Arabia agrees to buy Russian S-400 air defence system

Saudi Aramco is discussing several investment opportunities with Russian firms but there are no current plans to take a stake in Novatek's liquefied natural gas (LNG) project, Aramco Chief Executive Amin Nasser said on Thursday. That marked a shift for the kingdom, which buys most of its military kit from the United States and Britain.

While Saudi and Russian Federation helped secure a deal between OPEC and other producers to cut output until the end of March 2018, they support competing sides in Syria's civil war.

It was a historic moment when the king of Saudi Arabia, Salman bin Abdulaziz arrived in Russian Federation with an entourage of 1500 people and a golden escalator that travels with him. In coming period, cooperation between two countries is expected to strengn in field of defence industry. But Saudi, a long-standing ally of Washington, is keen to boost ties with Moscow as a major player in the Syrian conflict and a fellow oil producer with shared interests in supporting energy prices.

"This sale furthers U.S. national security and foreign policy interests, and supports the long-term security of Saudi Arabia and the (Persian) Gulf region in the face of Iranian and other regional threats", the Pentagon's Defense Security Cooperation agency claimed in a statement. The previous time he was in Moscow in 2006 as the governor of the Riyadh Region. The Riyadh Administration, which is converging on Russian Federation, aims to diversify its diplomatic relations and reduce dependence on United States, while key players in region develop strong partnerships with Turkey and Iran, a challenging process to conduct Moscow with Saudi Arabia Waiting.

Before the visit, Russian Foreign Minister Sergei Lavrov described the event as "an historical moment".

Additionally, Russia's state atomic corporation Rosatom and the Saudi Energy Ministry signed a nuclear energy cooperation accord.

Aamir ruled out of Lanka ODI series
That said, it will be interesting to see if Sri Lanka face any difficulties in adapting to the nuances of a day-night Test. The last two matches of the five-match series will be played at the Sharjah Cricket Stadium, Sharjah on 20 and 23October.

King Salman said Saudi Arabia was seeking to strengthen bilateral relations for the sake of peace and security and in the interest of the development of global economy.

This is just part of the extravagant preparations made for the Saudi monarch's visit. In 2015 the countries' sovereign wealth funds agreed to $10 billion in investments.

There has been no immediate USA reaction to the growing ties between Riyadh and Moscow.

"The partnership with one of Saudi Arabia's biggest petrochemical companies will allow Sibur to develop its expertise and sales areas and to study ...the Middle East market", Sibur Chairman Dmitry Konov said.

It's the first time the Saudi monarch had paid visit to Russian Federation for official business.

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