Total CEO Confirms Participation in Upcoming Saudi Investment Forum

Total CEO Confirms Participation in Upcoming Saudi Investment Forum

MOSCOW (Sputnik) – CEO of French petroleum conglomerate Total Patrick Pouyanne confirmed on Monday his participation in the Future Investment Initiative (FII) scheduled to start on Tuesday in Riyadh.

“Total has never been in favor of sanctions and isolation — for example, against Russia, Iran or Qatar — and nor do we support boycotts. I have made this point clear on many occasions on behalf of Total and we have consistently maintained that stance. Total believes it is preferable to engage in frank, assertive dialogue, in which we make our values clear, with our partner countries… In keeping with the commitments we have made, out of respect for the leaders of a company I deeply esteem and in recognition of our long, shared history, I will attend the forum in Riyadh,” Pouyanne said in a statement on the company’s website.

He added that boycotts and withdrawal of investments would only harm ordinary people of the country.

“Western companies have a key role to play in this area through their presence in a country. I am convinced that an ’empty chairs at the table’ strategy serves no useful purpose, especially when it comes to respect for Human rights,” the Total CEO said.

Pouyanne said that he was invited to the forum by the Saudi Energy Minister Khalid Falih.

“I had told the minister — a very honorable man I have known for a long time — that I would attend, and I wish to fulfill that commitment,” he added.

Khashoggi, known for his criticism of Saudi policies, has recently been working as a columnist for The Washington Post. The journalist was last seen entering the Saudi consulate in Istanbul on October 2.

Trump: ‘I’m Not Satisfied’ With Saudi Explanations of Khashoggi’s Death

On Friday, Saudi Prosecutor General Saud bin Abdullah Muajab stated that Khashoggi had died as a result of a brawl with some people at the Saudi consulate in Istanbul. Muajab said that 18 people had been detained as part of the case, adding that the perpetrators of the murder would be held accountable.

After Khashoggi’s disappearance and subsequent confirmation of his death, many businessmen and media representatives that planned to participate in the FII forum, which will be held in Riyadh on October 23-25, refused to attend the event. According to media reports, among them are JP Morgan Chase CEO Jamie Dimon, Siemens AG CEO Joe Kaeser, Uber CEO Dara Khosrowshahi and US Treasury Secretary Steven Mnuchin.

CCTV Clip Shows Khashoggi’s Alleged ‘Body Double’ in Identical Clothes — Reports

Sourse: sputniknews.com

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