Madrid: Saudi Arabia’s crown prince held talks with Spain’s King Felipe VI on Thursday during an official visit to the country which coincides with negotiations to buy Spanish warships.
The king met with Prince Mohammad Bin Salman, who serves as defence minister and also controls economic policy for the world’s top oil exporter, at the Zarzuela Palace on the outskirts of Madrid, before hosting a lunch there in his honour.
He is expected to sign five memorandums of understanding in the areas of culture, science, employment, air transport and defence when he meets with Spanish Prime Minister Mariano Rajoy later on Thursday.
Prince Mohammad arrived in Spain late on Wednesday hot on the heels of a three-day official visit to France and after a tour lasting several weeks of Egypt, the United States and Britain that saw the self-styled moderniser sign multimillion-dollar deals.
Madrid is the last stop of his global diplomatic charm offensive in a bid to project a new liberal image of his country.
Top-selling daily newspaper El Pais reported earlier this week that Spain would likely make progress during his visit on a deal to sell five corvettes warships to Saudi Arabia for around two billion euros ($2.5 billion).
“The signing of this memorandum of understanding (on defence) can be a step in that direction,” a Spanish government source told AFP.
Spanish firms have already won two major infrastructure contracts in Saudi Arabia in recent years.
A Spanish consortium, Al Shoula, is building a high-speed railway across the desert to link the holy cities of Makkah and Madinah while Spanish construction group FCC leads one of three consortia building a rapid transit system in the Saudi capital.
Spain’s public works ministry has identified Saudi Arabia as one a “nation of interest”.
Under Prince Mohammad’s “Vision 2030”, a package of economic and social policies designed to free the kingdom from dependence on oil exports, Riyadh plans to spend 32 billion euros in transportation infrastructure in the next decade.
Spain and Saudi Arabia’s royal families are very close as King Felipe VI’s father Juan Carlos was a close friend of the kingdom’s late King Fahd, who reigned from 1982 to 2005, and is close to his brother King Salman.
