The Russian president added that Moscow is ready to strengthen ties with all the Arab countries in order to effectively confront the threats and challenges facing modern humanity.

Putin stressed that Russia will continue to provide all possible assistance for the settlement of the Palestinian-Israeli conflict on the basis of United Nations resolutions as well as the Arab Peace Initiative proposed by the Kingdom of Saudi Arabia.

"Moscow believe that expanding cooperation between Russia and the Arab countries fully meets our common interests in line with building a more just and democratic system of international relations based on the respect for each other's legitimate interests that will ensure global peace and stability," he added.