SaudiArabia's Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah affirmedthat the signing of the Foreign Ministers of the Council of Arab and AfricanCoastal States of the Red Sea and the Gulf of Aden, on the founding charterreflects the keenness of the leaders of the importance of coordination andconsultation on the vital waterway, which represents economic, commercial andinvestment importance for entire global economy where the Red Sea is the maintransit point for world trade between the East Asian countries and Europe.
During apress conference following the meeting, the Foreign Minister said: "Inlight of the increasing challenges in the region, we must exert efforts andcoordinate among our countries to reach integration among us in all fieldswithin framework of preserving security and stability as well as achievingdevelopment in a way that achieves prosperity for our countries," affirmingthat the council is a joint action system for coordination and cooperation.
He stressedthat the headquarters of the Council will be in Riyadh, disclosing that thecritical stage in the region is a major factor in establishing this entitythrough joint efforts exerted by the region's countries to preserve theirinterests and interests of their peoples.
"Currently,there is no conception to build any new military force. All countries havedefensive capabilities. Bilateral coordination between these countries. Underthe umbrella of the Council, it can be developed with a collectivecoordination," Prince Faisal said.
It isnoteworthy that the Arab and African Coastal States of the Red Sea and the Gulfof Aden that signed the founding charter are the Kingdom of Saudi Arabia, theArab Republic of Egypt, the Hashemite Kingdom of Jordan, the Republic of Sudan,the Republic of Yemen, the State of Eritrea, the Federal Republic of Somalia,and the Republic of Djibouti.
