News - Middle East: Saudi Arabia’s foreign minister says rapprochement with Iran is possible as the kingdom is planning to schedule a fifth round of direct talks with the Islamic Republic.

“The kingdom is interested in a positive relationship with Iran including a relationship that delivers benefits for both of us.

 So we are not just interested in some political détente, but we are interested in a relationship,” Prince Faisal bin Farhan Al Saud said at the 58th Munich Security Conference (MSC) in the German capital.

He said Riyadh is looking to schedule a fifth round of direct talks with Iran, adding, that the restoration of Tehran-Riyadh relations requires progress on the issues that "concern Saudi Arabia and its neighbors."

Saudi Arabia severed diplomatic relations with Iran in January 2016 after Iranian protesters, enraged by the Saudi execution of prominent Shia cleric Sheikh Nimr Baqir al-Nimr, stormed its embassy in Tehran.

For years, the kingdom pursued a confrontational foreign policy toward the Islamic Republic, but it appears that it has recently changed tack.

The two Middle East heavyweights have held four rounds of talks in Iraq since last April, including a meeting in December under the administration of President Ebrahim Raeisi, who assumed office in mid-2021.

Elsewhere in his remarks, the Saudi foreign minister pointed to the ongoing talks between Iran and the P4+1 group of countries in Vienna to salvage the 2015 Iran deal, saying the possible revival of the pact should be “a starting point, not an endpoint” in order to address regional concerns.

He demanded that Iran show a “serious desire to address the underlying issues that exist” and expressed hope that “there is a serious desire to find a new modus operandi.”

Since early last year, Saudi Arabia has signaled its desire to repair bilateral relations with Iran.

In an interview with the Financial Times published in October, the Saudi foreign minister said the kingdom is “serious” about talks with the Islamic Republic.

Describing the negotiations as “exploratory” but “cordial”, he said “we are serious about the talks. For us, it’s not that big a shift. We’ve always said we want to find a way to stabilize the region.”