Today: 28 February 2025
10 July 2023
1 min read

Saudi, France step up energy ties

Saudi Arabia and France have agreed on a roadmap for cooperation in the production of hydrogen and electricity from renewable resources…reports Asian Lite News

Saudi Arabia and France have signed a memorandum of understanding (MoU) to strengthen cooperation in the energy sector, with a focus on clean energy generated from renewable resources, media reported.

In a joint statement published by the Saudi Press Agency (SPA) on Sunday after the meeting between Saudi Energy Minister Abdulaziz bin Salman and his visiting French counterpart Agnes Pannier-Runacher in Riyadh on Saturday, the two countries acknowledge that energy is one of the “main pillars” of their long-term partnership.

Saudi Arabia and France have agreed on a roadmap for cooperation in the production of hydrogen and electricity from renewable resources, it noted.

The two countries recognise that clean hydrogen is an essential fuel to reach their common goal of promoting sustainable economic development while mitigating the effects of climate change, it added.

They also agreed to work together to improve energy efficiency and to strengthen their cooperation in the areas of nuclear energy in “a peaceful and safe framework”, the management of radioactive waste, and nuclear applications, Xinhua news agency reported.

Additionally, both sides also agreed to join hands in seeking innovative solutions to produce hydrogen “in the most effective and competitive way”, and to promote its use in industry, power generation, buildings and other sectors.

The two countries said they support the establishment of a joint task force to ensure their cooperation bear fruits, it added.

ALSO READ: Former Saudi minister to hold talks with NSA  

Previous Story

Liverpool Malayalis Celebrate Eid

Next Story

World Bank backs Sikkim as part of NE initiatives

Latest from -Top News

AHLAN RAMADAN 

The UAE Council for Fatwa has called upon citizens and residents to observe the crescent moon today evening, which will determine the start of Ramadan 1446 AH.  As the UAE gears up

MBZ, Greek PM explore boosting bilateral ties 

The meeting addressed cooperation between the UAE and Greece, particularly in areas such as economy…reports Asian Lite News  UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Kyriakos Mitsotakis,

RAK Ruler receives Indian envoys 

Indian Embassy in UAE said the meeting discussed further strengthening of India-UAE bilateral ties…reports Asian Lite News H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al

Jaywan: UAE launches first domestic card scheme 

Jaywan aims to provide secure, efficient, and cost-effective payment solutions for individuals and businesses…reports Asian Lite News Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has
Go toTop

Don't Miss

France faces challenges ahead of Paris Olympics  

Macron has asked the ambitious 35-year-old to remain at his

French President slapped by man in crowd

The palace called it “an attempted slap”. According to media