Quds as its capital, and to achieve a just and comprehensive peace in the Middle East. The Kingdom has been appreciated and admired by the world for its emergency aid to people in need in times of disasters and adversities, and perhaps the most recent great humanitarian stances through which your country, government and people, stood by our brothers, are the cases of Pakistan and Somalia, where such good initiatives had great and wide reactions. What we are doing towards our brothers aims to alleviate their suffering, and relieve their distress, and this is based on the principles of our religion and sense of our responsibility. On external affairs, our policy is based on expanding the prospects for political and economic cooperation with the countries of the world, and perhaps the active participation made by the Kingdom in the meetings of the Group of Twenty (G-20), which were held in Canada and South Korea recently, reflect the place the Kingdom occupies and the important role it plays in this international grouping, which is characterized by its rapid ability to stimulate the world economy as a whole. As for the initiatives launched by your country -considered as pioneering always in what is in the interest of all humanity- are still appreciated and respected by the world, for these encouraged to enact financial laws to ensure the an end to the global economic crisis, or at least mitigate the effects of its brunt on the economies of the States. Dear Brothers: The Kingdom has continued to pursue an oil policy based on taking into account the interests of present and future generations, and to use the wealth that God Almighty have granted us efficiently, and to us it for the economic and social development. The Kingdom also went on adopting moderate policies based on market stability, the avoidance of negative fluctuations and the taking into account the common interests of producers and consumers, as well as the safety of the global economy and its development, especially the economies of energy-poorer developing countries. While the Kingdom considers that the stability of the world is based on its dependence on fossil fuels, especially petroleum for the next decades to meet demand for energy for global growth and prosperity, it encourages at the same time the scientific discoveries of the renewable energy and the improvement of using the fossil fuels and to be an environment friendly. In recognition of such complementary relationship, we have established King Abdullah City for Atomic and Renewable Energy (KACARE) for the development of renewable and nuclear energy to supplement our resources of oil and gas. We also confirm the keenness of the Kingdom of Saudi Arabia that international peace and security prevail in the Middle East and the rest of the world due to the Kingdom's leading role in the stability and achievement of prosperity for the region's countries. Although we stress the right of everyone to the peaceful use of nuclear energy in accordance with the supervision and control of the International Atomic Energy Agency, we support the various steps and actions necessary to take for the Middle East to be a zone free of weapons of mass destruction as stipulated in UN resolutions which are in urgent need for concerted international efforts to activate and develop mechanisms for their application. --More
