Iran and Saudi Arabia agree to pursue economic stability, foreign minister says

Iran’s foreign minister Hossein Amirabdollahian, left, shakes hands with his Saudi Arabian counterpart Prince Faisal bin Farhan Al Saud, right, and their Chinese counterpart Qin Gang in Beijing (Iranian Foreign Ministry/AP)

Iran and Saudi Arabia have agreed to jointly pursue economic stability, the Iranian foreign minister said on Thursday, as well as reopen missions in their respective countries, as the regional rivals moved towards reconciliation after seven years of tension.

Iranian foreign minister Hossein Amirabdollahian made the announcement in a tweet after talks with his Saudi counterpart, Prince Faisal bin Farhan Al Saud, in Beijing.