joint Arab Gulf-European Ministerial Council has welcomed the proposal
of Crown Prince Abdullah bin Abdul Aziz, Deputy Premier and Commander
of the National Guard of the Kingdom of Saudi Arabia, for the setting
up of a permanent secretariat of the Energy Forum to develop
continuing dialogue between oil producers and consumers.
The European delegation to the meeting stressed that it would study
the details of this proposal and follow it up with the Government of
the Kingdom of Saudi Arabia. The final joint statement issued at the
conclusion of the 11th session of the joint Arab Gulf-European
Ministerial Council held here today said that the Council discussed a
number of issues - notably economic aspects and investment exchange.
The Council also reviewed regional and international issues and
exchanged viewpoints on the latest developments.
The two sides stressed the need for a just, comprehensive and
lasting peace in the Middle East on the basis of UN Security Council
Resolutions and the principles of the Madrid Conference, notably Land
for Peace. On Iraq, the Council reaffirmed that the Iraqi Government
should adhere to full implementation of all relevant Security Council
Resolutions, notably No. 1284, and resume cooperation with
international committees set up to reach a quick and permanent
solution to this issue and to arrange the return of stolen Kuwaiti
On the border dispute between the United Arab Emirates and Iran
regarding the three islands of Abu Mussa, Lesser and Greater Tunb, the
Council reaffirmed its support for a peaceful solution to the dispute
according to international law - either through direct discussion or
referring the issue to the International Court of Justice.