3 Min(s) Read
By Reuters Mar 10, 2023 8:03:19 PM IST (Published)
Iran and Saudi Arabia have agreed to restore diplomatic relations and reopen embassies and missions within two months, as well as activate a security cooperation agreement and an earlier accord on trade, economy, and investment. The move is expected to help end the war in Yemen and de-escalate tensions in the Middle East.
Iran and Saudi Arabia agreed on Friday to re-establish relations after seven years of hostility which had threatened stability and security in the Gulf and helped fuel conflicts in the Middle East from Yemen to Syria.
The deal was announced after four days of previously undisclosed talks in Beijing between top security officials from the two rival Middle East powers.
Also read | India wants more clarity from US on trade pillar of IPEF, concerned over market access for domestic firms
Tehran and Riyadh agreed "to resume diplomatic relations between them and re-open their embassies and missions within a period not exceeding two months", according to a statement issued by Iran, Saudi Arabia and China.