Saudi-Syrian Roundtable Meeting boosts economic ties

Saudi-Syrian roundtable meeting boosts economic ties
Image credits: SPA | Cropped by GBN
By Desk Reporter, GCC Business News

The Saudi-Syrian Roundtable Meeting was held with the participation of Minister of Investment Khalid Al-Falih, Syria’s Minister of Economy and Industry Dr. Mohammad Nidal Al-Shaar, and representatives from the private sector and companies from both sides.

The Saudi-Syrian Roundtable Meeting was convened in the presence of Saudi Arabia’s Minister of Investment, Khalid Al-Falih, alongside Syria’s Minister of Economy and Industry, Dr. Mohammad Nidal Al-Shaar.

The meeting took place within the framework of an official visit that reflects the two brotherly countries’ keenness to build bridges of economic cooperation and strengthen regional integration. The event saw the active involvement of various representatives from both nations’ private sectors, as well as executives from numerous companies engaged in cross-border economic cooperation.

The Saudi-Syrian Roundtable Meeting addressed avenues of cooperation and opportunities for economic and investment partnerships in priority sectors, focusing on empowering the private sector in both countries, facilitating investment flows, and exchanging technical and knowledge expertise to support investment development and investor empowerment.

The roundtable meeting also witnessed the signing of an investment promotion and protection agreement between the Kingdom and Syria, aimed at establishing practical frameworks to strengthen joint investments and develop strategic projects in industry, services, infrastructure, and tourism.

Minister Al-Falih said that the Saudi-Syrian agreement reflects the Kingdom’s commitment to building effective economic partnerships with brotherly countries, strengthening its role as a global investment hub, and opening new horizons for investors to explore quality opportunities that contribute to creating added value.

Meanwhile, the Syrian economy and industry minister stressed that his country values the Kingdom’s pivotal role in supporting regional economic cooperation, noting that the agreement represents a practical step toward deepening investment relations and a qualitative shift toward projects that achieve mutual benefit and strengthen economic ties between the two brotherly peoples.

The Saudi-Syrian agreement aims to expand the scope of bilateral cooperation, attract quality investments in vital sectors, and create an enabling business environment that meets the aspirations of the private sector in both countries. The meeting and signing were attended by senior government officials and representatives of the private sector from both sides, reflecting the shared desire to build strategic partnerships that support economic security and stability in the region.

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