Speaking at the World Economic Forum in the Swiss ski resort of Davos, Prince Faisal bin Farhan Al Saud said, “Dialogue with Iran is the best way to resolve differences in the region. There are paths to reach an agreement with Iran. We have established contacts with Iran and we are trying to find a path to dialogue”.

He said a decision by Saudi Arabia and other Persian Gulf states to focus on their economies and development was a “strong signal to Iran and others in the region that there is a pathway beyond traditional arguments and disputes towards joint prosperity”.

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