Custodian of the Two Holy Mosques takes up Middle East issues with U.S. President Obama in Washington

King Abdullah, President Obama agree on need to give strong momentum to peace march

President Obama to King Abdullah: We appreciate your friendship and advice

G8 stresses support for Middle East peace, lifting siege imposed on Gaza

G20 final statement announces leaders’ agreement over financial reform program

The Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud and US President Barack Obama met and reaffirmed the strong, historic ties between the Kingdom of Saudi Arabia and the United States of America, the White House said in a statement.

The leaders stated their strong support for the efforts of the P5+1 with regard to Iran's nuclear program and urged Iran to meet its international obligations under UN Security Council and IAEA resolutions, the statement said.

They expressed their hope that proximity talks between Israelis and Palestinians will lead to the resumption of direct talks with the aim of two states living side-by-side in peace and security.

The Custodian of the Two Holy Mosques and the President also discussed the importance of resuming the Israeli-Syrian and the Israeli-Lebanese tracks in order to achieve a comprehensive peace in the Middle East. The President welcomed King Abdullah's continued leadership in support of the Arab Peace Initiative, the statement added.

The leaders also discussed international efforts to assist Afghanistan, their support for the Lebanese government as it seeks to preserve its sovereignty, the importance of a secure and prosperous Yemen, and the need for an inclusive government formation process in Iraq and the expansion of productive ties between a unified, sovereign Iraq and its neighbors, the statement said.

The Custodian of the Two Holy Mosques and US President reaffirmed the importance of efforts to prevent violent extremism. The President welcomed Saudi Arabia's successful counterterrorism actions against Al-Qaeda, including the positions taken by the Kingdom's highest religious body to prohibit terrorism and its financing, the statement said.

President Obama also expressed his support for King Abdullah's initiative to promote dialogue among religions and cultures. The President reiterated to the King his commitment to close the Guantanamo Bay detention facilities, the statement added.

The leaders also consulted on the results of the G-20 summit and global economic growth. They welcomed the continuing expansion of economic, scientific, business, and educational ties, including the historically high numbers of Saudi students in the United States, the statement said.

Both leaders look forward to further strengthening relations between the two countries, noting that this year marks the 65th anniversary of the historic meeting between President Roosevelt and King Abdulaziz on the USS Quincy in 1945, the statement concluded.

President Obama had received at the White House in Washington on Tuesday King Abdullah.

The King wrote the following words in the record of visitors Book of the White House:

In the name of Allah, Most Gracious, Most Merciful We are pleased to visit the White House and meet with President Barack Obama and a number of U.S. administration officials. The visit came in culmination of historical relations and the embodiment of cooperation between the two countries. On this occasion, we express our appreciation of the Administration and people of the United States of America. We convey to them all the best feelings of affection and friendship from the friendly people of Saudi Arabia.

We wish the United States of America and its friendly people further progress and prosperity.

The Custodian of the Two Holy Mosques, King Abdullah Ibn Abdulaziz Al Saud of the Kingdom of Saudi Arabia

The U.S. President hosted a luncheon in honor of the King. The banquet was attended by Prince Saud Al-Faisal, Minister of Foreign Affairs; Prince Muqrin Ibn Abdulaziz, President of General Intelligence Presidency; and Saudi Ambassador to the United States of America Adel Bin Ahmed Al-Jubeir.

Later, the Custodian of the Two Holy Mosques King Abdullah Ibn Abdulaziz Al Saud and President Barack Obama of the United States of America held a bilateral meeting.

In his welcoming speech the U.S. President said, 'I want to welcome King Abdullah Ibn Abdulaziz to the White House, and I'm very pleased to be able to return the extraordinary hospitality that he showed me and my delegation when we visited Saudi Arabia and visited his ranch.

Since that historic meeting that took place 65 years ago between Franklin Delano Roosevelt and His Majesty's father late King Abdulaziz, we have had a strong and strategic relationship between the United States and Saudi Arabia.

I always value King Abdullah's wisdom and insights, and we have had a very productive session speaking about a whole range of issues that relate to both relations between our two countries but also issues of prosperity and security around the globe.

We talked about our joint interest and worked together in combating violent extremism. And we talked about a range of strategic issues, including issues related to Afghanistan and Pakistan; Iran and its attempts to develop nuclear weapons capacity. We discussed the Middle East peace process and the importance of moving forward in a significant and bold way in securing a Palestinian homeland that can live side by side with a secure and stable Israeli state.

As representatives of two G20 countries, we also continued the conversation that took place this weekend about how the Saudi government and the United States government can work with our other partners around the world to keep the economic recovery going and to help bring about the strong economic growth that's necessary to put people back to work.

And we will continue to work together to expand the people-to-people contacts, the educational programs, the commercial ties, the business people who are working together in both countries so that not only do our governments remain strong partners but our people are continually enriching both countries.

On behalf of the American people, I welcome you. We appreciate your friendship and your good counsel and look forward to continuing to work together to strengthen the strong bonds between our two countries.

In his speech, the King expressed his thanks to President Obama saying, 'Thank you, Mr. President. I think that you covered everything in your speech, but I would like to say that you are a respected leader globally. This is what I have heard from around the world about you - Mr President. I would like to say that the American people are friendly to the Kingdom of Saudi Arabia, Arabs and the humankind. As has been observed by you - Mr President that this (Saudi-U.S.) friendship since the era of President Roosevelt and King Abdulaziz has been firm and is getting ever stronger. I hope this friendship will remain for ever between the two friendly peoples and with U.S. Presidents. Thank you Mr. President, and I thank the American people and journalists.'

Meanwhile, The participants at the G8 summit issued a communiqué on Saturday, declaring their support for developing countries, Israeli-Palestinian dialogue, democracy in Afghanistan, as well as their commitment to nuclear non-proliferation and the fight against climate change.

"For development, a decade of policy commitments and joint efforts with our partners has brought significant progress towards the Millennium Development Goals (MDGs), but both developed and developing countries must do more," the G8 leaders said in the document issued at the end of the two-day summit in Canada's Huntsville.

The leaders acknowledged that "the global community is now at the two-thirds point between adoption of the Millennium Development Goals (MDGs) and the target date of 2015."

"Support for development, based on mutual responsibility, and a strong partnership with developing countries, particularly in Africa, remains a cornerstone of the G8's approach," they said.

The participants in the top-level talks also said that they remained "deeply concerned about serious threats to global peace and security," including Iran's nuclear program and the situation on the Korean Peninsula and called for the observance of the Nuclear Non-Proliferation Treaty.

The G8 leaders welcomed the new arms cuts treaty signed by the Russian and U.S. presidents in April.

"We call upon all other states, in particular those possessing nuclear weapons, to join these disarmament efforts, in order to promote international stability and undiminished security for all," the leaders said.

They have called for the resumption of peace negotiations between Israel and Palestine, which have been halted since the December 2008 Israeli attack on the Gaza Strip.

"We welcome the start of the proximity talks between the Palestinians and Israel, and urge them both to create conditions conducive for direct talks, with the aim of the establishment of an independent, contiguous and viable State of Palestine, living side by side in peace and security with each other and their neighbors," the document reads.

The G8 also reaffirmed its commitment to support democracy in Afghanistan and anti-terrorism efforts in Pakistan.

"Clear steps by Afghanistan towards more credible, inclusive and transparent parliamentary elections in September will be an important step forward in the country's maturing democracy," the G8 leaders said.

"We welcome and encourage Pakistan's ongoing efforts to root out violent extremists, especially in its border areas with Afghanistan," they said, adding "it is essential that Pakistan be supported by the international community as it addresses its political, economic and social reforms."

Among environmental issues, climate change remains "top of mind," the G8 said.

"As we agreed in L'Aquila, we recognize the scientific view that the increase in global temperature should not exceed 2 degrees Celsius compared to pre-industrial levels," the participant in the talks said in their communiqué.

"We reiterate our willingness to share with all countries the goal of achieving at least a 50% reduction of global emissions by 2050, recognizing that this implies that global emissions need to peak as soon as possible and decline thereafter," they said.

This is the full statement issued after the meeting of G20 finance ministers and central bank governors in London.

1. We, the G20 finance ministers and central bank governors, met ahead of the Pittsburgh Summit to assess our progress in delivering the Global Plan for Recovery and Reform and agree further actions to ensure sustainable growth and build a stronger international financial system.

2. We reiterated the need for swift and full implementation of all the commitments made at the Washington and London summits and have agreed the further necessary steps to strengthen the financial system, as set out in the accompanying declaration. 3. Our unprecedented, decisive and concerted policy action has helped to arrest the decline and boost global demand. Financial markets are stabilizing and the global economy is improving, but we remain cautious about the outlook for growth and jobs, and are particularly concerned about the impact on many low income countries.

4. We will continue to implement decisively our necessary financial support measures and expansionary monetary and fiscal policies, consistent with price stability and long-term fiscal sustainability, until recovery is secured.

5. We must build on what we have already achieved and tackle the significant challenges that lie ahead. It is vital for growth that we act to support lending, including dealing with impaired assets and conducting robust stress tests where necessary.

6. We must promote employment through structural policies, active labor market policies, and training and education.

7. We will work to address excessive commodity price volatility by improving the functioning and transparency of physical and financial markets and promoting a closer dialogue between producer and consumer countries.

8. We welcome the swift implementation of the $250 billion trade finance initiative and reaffirm our commitment to fight all forms of protectionism and to reach an ambitious and balanced conclusion to the Doha Development Round. 9. We agreed the need for a transparent and credible process for withdrawing our extraordinary fiscal, monetary and financial sector support as recovery becomes firmly secured. Working with the IMF and the FSB we will develop co-operative and coordinated exit strategies, recognizing that the scale, timing and sequencing of actions will vary across countries and across the types of policy measures.

10. We will work to achieve high, stable and sustainable growth, which will require orderly rebalancing in global demand, removal of domestic barriers and promotion of the efficient functioning of global markets. The need to combat climate change is urgent, and we will work towards a successful outcome in Copenhagen.

11. We have made significant progress in strengthening the IFIs, but more needs to be done.

12. We are close to completing the delivery of $850 billion of additional resources agreed in April, including an expanded, more flexible new arrangement to borrow; and $50 billion to support social protection and safety nets, boost trade and safeguard development in low income countries. We welcome the overhaul of the IMF's lending facilities.

13. We encourage the multilateral development banks to make full use of their balance sheets and reaffirm our commitment to ensure they have appropriate capital, recognizing that they are fully on track to deliver $100 billion of additional lending.

14. In the period ahead we need to focus on providing resources to low income countries to support structural reforms and infrastructure development.

15. We look forward to prompt implementation of the 2008 IFI governance reforms, and will complete World Bank reforms by spring 2010 and the next IMF quota review by January 2011.

16. We recognize that the IMF should remain a quota-based organization; and as part of the reforms, the voice and representation of emerging and developing economies, including the poorest, must be significantly increased to reflect changes in the world economy.

17. To achieve this we look forward to substantial progress in Pittsburgh. We also reaffirm our commitment to increase accountability, strengthen the involvement of fund governors in strategic oversight, and agree to move to an open, transparent and merit-based selection of IFI management.

18. To improve the role and effectiveness of the fund in supporting stronger co-operation and ensuring a more sustainable global economy and international financial system, candid, even-handed, and independent surveillance will be vital.

19. We call on the IMF, working with other international institutions, to continue assessing our actions to secure a sustainable recovery.