* Global oil market developments to be dealt with wisely * Progress to take into account the requirements for reform Saudi Gazette report RIYADH — On behalf of Custodian of the Two Holy Mosques King Abdullah, Crown Prince Salman Bin Abdulaziz, deputy premier and minister of defense, inaugurated the third year of the 6th session of the Shoura Council here on Tuesday. In a brief address delivered on behalf of the King, Crown Prince Salman spoke about security challenges facing the region, the slide in global oil prices and the need for reforms. “Today, as you know, your country is facing unprecedented regional challenges that have resulted from severe crises that have swept through neighboring or nearby countries and that pushed them toward civil wars and sectarian conflicts,” he said, adding: “This should make us cautious. I would like to assure you that your leadership is aware of these challenges and their consequences. With Allah's help and support, your country will continue to enjoy the blessings that Allah bestowed on it, foremost of which is the blessing of peace and stability.” The Crown Prince said the developments in the international oil market caused by several factors, foremost of which is the weak growth of the world economy, are not new to the market. “Your government has dealt with such developments in the past with wisdom and astuteness. It will deal with the current developments in the oil market as it did in the past. “The Kingdom will continue to defend its economic interests and its international status through a national perspective that takes into account its citizens' prosperity, sustainable development and the interests of present and future generations.” “We assert that true progress (development) is carried out according to measured steps that take into account the requirements for reform. Good decisions are not based on emotions but on that which is good for the country and its citizens,” said the Crown Prince. He said it is the responsibility of the government and the people to protect the Kingdom, maintain its assets and its status among nations, and defend its supreme message, a message that emanates from the tolerant values of Islam as well as from the desire for dialogue and interaction with other nations in order to attain mutual goals. Crown Prince Salman said the Shoura Council embodies the unity of the country, as its work embodies participation in the decision-making process. “You have a huge responsibility toward citizens as you consider whatever issues you are requested to consider, and I am confident that you will fulfill this responsibility.” Speaker of the Shoura Council Sheikh Dr. Abdullah Al-Asheikh said the Council concluded the second year of this session with a set of accomplishments which included the study of a number of draft regulations, agreements, reports and plans.
