RIYADH — Crown Prince Muhammed Bin Salman stressed that 2020 will be “the year of achievement” for Saudi Arabia and the UAE, during the second meeting during the second meeting of the Saudi-UAE Coordination Council in Abu Dhabi on Thursday.

The Prince Muhammad co-chaired the meeting with Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohammed Bin Zayed Al Nahyan, the Saudi Press Agency (SPA) said.

During the meeting Saudi Arabia invited the UAE to be a guest at the 2020 summit.

“The year 2020 is the year of achievement for both countries...Saudi Arabia's presidency of the G20 in 2020, and the UAE’s hosting of the Expo 2020, are the best proof of what both countries have,” the Crown Prince said.

He said the Saudi Arabian-UAE joint economy can work towards, and seeks to be, one of the top ten economies in the world and one of the top ten financial markets in the world.

“We can work together to become one of the top 10 economies in the world, as foreign investments currently exceed $250 billion in various economic sectors... Our financial markets exceed $720 billion, and we seek to be one of the top ten financial markets in the world,” the Crown Prince said.

Prince Muhammad added, the Saudi-UAE integration not only benefits the two countries, but also the Gulf Cooperation Council (GCC).

Sheikh Mohammed stressed the strength of Saudi-UAE relations, citing 20 common areas of development in fields such as economy and security. — Al-Arabiya English