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Israel Downplays Normalization Talks - Riyadh To Host UKR Peace Talks
Comments from Israel's National Security Advisor, Tzachi Hanegbi, hitting wires stating that, "Israel not involved at this stage in US-led Saudi normalization talks," adding there is, "still a long way to go until Saudi normalization deal."
- Hanegbi's comments come after speculation that a recent Saudi trip by White House National Security Jake Sullivan could kickstart talks between Israel and Riyadh.
- The Wall Street Journal reported over the weekend that Saudi Arabia will host peace talks early next month between western countries, Ukraine, and developing nations - including India and Brazil.
- According to the WSJ, "the meeting would bring senior officials from up to 30 countries to Jeddah on Aug. 5 and 6," amid "a growing battle between the Kremlin and Ukraine’s Western backers to win support from major developing countries."
- The Journal reports that Sullivan, who has been central to recent exploratory talks between neutral countries and Ukraine, including a meeting in Copenhagen in June, is expected to attend the Riyadh meeting virtually.
- The Kremlin responded to the WSJ report, "We need to understand what the aims are," adding that, "there are no grounds now for peace talks."
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.