Arya News - Saudi crown prince and French president are set to sign several agreements on health, transport and energy.
Saudi Arabia’s Crown Prince, Mohammed bin Salman, (MBS), is on the second day of his two-day state visit to France, where he’s meeting President Emmanuel Macron.
In this explainer, we outline what they are expected to discuss and examine how their latest meetings build on an already evolving relationship.
What is on the agenda?
MBS’s visit to Paris began on Sunday evening alongside President Macron at the closing ceremony of the Esports World Cup. It was the first time the Esports tournament, which includes competitions ranging from video games to chess, had been held outside Saudi Arabia.
On Monday, Macron and Bin Salman are expected to sign several agreements on health, transport and energy.
French media reported that a deal to build a Dragon Ball-themed amusement park, backed by a Saudi investment fund and inspired by the iconic Japanese manga series, could be signed.
Valerie Pecresse, President of the Regional Council of Île-de-France in Greater Paris, told French broadcaster TF1 that the regional government had been working on the project for 18 months.
“There is a very important meeting at the Elysee today that may result in the signing of this agreement. We are waiting for the signature,” she said, describing the project as “on the scale of Disneyland”.
Bin Salman and Macron are also holding bilateral discussions on regional security and their economic ties.
That is expected to include discussions about energy routes that bypass the Strait of Hormuz , such as new pipelines, capacity upgrades and alternative port networks.
France is a major buyer of Saudi oil and mineral products.
Since the start of the US-Israeli war on Iran on February 28, shipping has been severely disrupted in the Strait of Hormuz – the vital waterway on which oil exporters in the Gulf are heavily reliant and where 20 percent of the world’s oil and natural gas supplies are shipped from during peacetime. The disruption sent oil prices soaring.
Before the war, a barrel of Brent crude – the global benchmark – cost about $66. Over the course of the conflict, prices have climbed above $100 – hitting a high of $119 early on in the war.
On Monday, Brent was trading around $93 a barrel.
Bin Salman and Macron are also expected to discuss the war in Iran, the bloodshed in Palestine, as well as developments in Syria and Lebanon, where Israel occupies around one-fifth of its territory.
Other expected topics on Monday’s agenda include global events that Saudi Arabia is set to host in the coming years, including Expo 2030, focusing on sustainability and urban innovation, and the 2034 football World Cup.
How much trade does Saudi Arabia do with France?
The two countries have a fairly equal trading balance.
In 2024, France exported $4.5bn worth of goods to Saudi Arabia and imported $4.6bn worth, according to data from the Observatory of Economic Complexity (OEC), an online platform that compiles and visualises international trade statistics.
Refined petroleum accounted for 72 percent of Saudi Arabia’s exports to France in 2024. Besides refined petroleum, Saudi Arabia exported crude petroleum and other mineral products to France. It also exported small amounts of machinery, chemicals and cars.
France’s exports to Saudi Arabia in 2024 were more diverse, including airliners, helicopters, gas turbines, pharmaceutical products and perfume, among other products.
(Al Jazeera) What have relations between Saudi Arabia and France been like?
Sunday’s visit marked the third time MBS has visited France after trips in 2022 and 2023.
In December 2024, Macron visited Riyadh, where the two countries founded the Saudi-French Strategic Partnership Council, which formalised and upgraded political and economic ties between Saudi Arabia and France.
The current visit is also MBS’s first international trip since the August 7 signing of the Mecca Joint Defence Agreement, known as the Mecca pact – the mutual defence agreement between Saudi Arabia, Turkiye and Pakistan.
Signed by the prince, Turkiye’s President, Recep Tayyip Erdogan, and Pakistan’s Prime Minister, Shehbaz Sharif, the agreement commits all three states to treat an armed attack on any one of them as an attack on all three.
Analysts say the pact shows that Saudi Arabia is taking steps to diversify its security partnerships beyond Washington.