Saudi Arabia has proposed a Middle East non-aggression pact with Iran as part of wider efforts aimed at reducing regional tensions and preventing future conflict in the Gulf region. According to a report by the Financial Times , Riyadh is considering a framework inspired by the 1975 Helsinki Accords, the Cold War-era agreement that sought to ease tensions and promote cooperation between rival global powers. The report said European countries and institutions of the European Union are backing the proposal and encouraging Gulf states to support the initiative as a mechanism to avoid future military confrontations and provide Iran with security guarantees.