Kathmandu— Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) concluded a two-day state visit to France on Monday, meeting with President Emmanuel Macron in Paris to discuss regional security, economic ties, and potential collaborations across multiple sectors. The visit included attendance at the Esports World Cup closing ceremony and the expected signing of agreements covering health, transport, and energy, as well as discussions regarding alternative energy routes and global conflicts. This builds upon a growing strategic partnership between the two nations formalized in December 2024 with the establishment of the Saudi-French Strategic Partnership Council.

Agreements and Potential Investments

Macron and Bin Salman are expected to sign several agreements on health, transport, and energy during Monday’s meetings. French media reports suggest a potential deal for a Dragon Ball-themed amusement park, backed by Saudi investment, is also nearing completion. Valerie Pecresse, President of the Regional Council of Île-de-France, stated that her government has been working on the project for 18 months and anticipates its signing today, describing it as “on the scale of Disneyland”.

Energy Security Concerns

Discussions also focused on energy routes bypassing the Strait of Hormuz, including new pipelines, capacity upgrades, and alternative port networks. France is a significant buyer of Saudi oil and mineral products, but shipping disruptions in the Strait of Hormuz – exacerbated by recent conflict – have driven up global oil prices. Brent crude has risen from approximately $66 per barrel before the conflict to around $93 on Monday.

Regional Conflicts and Global Events

Bin Salman and Macron are expected to discuss ongoing conflicts in Iran, Palestine, Syria, and Lebanon, where Israel occupies a significant portion of territory. The leaders also addressed Saudi Arabia’s hosting of future global events, including Expo 2030 and the 2034 football World Cup.

Strengthening Trade Ties

Trade between Saudi Arabia and France is relatively balanced, with $4.5 billion in French exports to Saudi Arabia and $4.6 billion in imports in 2024. Saudi Arabian exports primarily consist of refined petroleum, while French exports are more diverse, including airliners, helicopters, and pharmaceuticals.

The visit underscores the strengthening relationship between Saudi Arabia and France, formalized by the Strategic Partnership Council established last year, and signals a potential diversification of security partnerships for Saudi Arabia beyond traditional alliances.

(With inputs from Al Jazeera)

Originally published on abcnews.com.np.