Iran (IMNA) - The GCC Ministerial Council said in a statement released at the conclusion of its 155th session that the accord, signed in Beijing at the efforts of Chinese President Xi Jinping, includes the reinstatement of diplomatic ties, the reopening of embassies, and the activation of security and economic cooperation accords between Tehran and Riyadh.
The Gulf Cooperation Council (GCC) is a grouping of six Persian Gulf countries: Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Oman, and Bahrain.
It hoped that the agreement would foster ties between nations based on mutual respect, good neighborliness, respect for sovereignty, non-interference in domestic matters, and adherence to the United Nations Charter, the Organization of Islamic Cooperation, and international laws and principles.
Iran and Saudi Arabia have backed opposing factions in various Middle Eastern crisis zones, including Yemen and Syria.
During many days of intense talks mediated by China, the two countries reached an agreement on March 10 to restore diplomatic ties and reopen embassies and posts within two months.
In a joint statement, Iran and Saudi Arabia stressed the need of upholding one another's national sovereignty and refraining from meddling in one another's internal affairs.
China, Saudi Arabia, and Iran all reaffirmed their resolve to do every possible effort to advance regional and global peace and security.
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