Saudi business minister, European Fee officers talk about enhancing financial partnership

BRUSSELS — Minister of Trade and Mineral Sources Bandar Alkhorayef held two bilateral conferences with European Commissioner for the Mediterranean Dubravka Šuica and European Commissioner for Commerce and Financial Safety Maroš Šefčovič on the headquarters of the European Union (EU) in Brussels.

Throughout the conferences, they mentioned cooperation between the 2 sides to strengthen the Kingdom’s place as a pivotal associate in advancing financial safety and integrating international provide chains, making certain the sleek circulate of worldwide commerce and securing provides of vital minerals worldwide.

Throughout his assembly with the European commissioner for the Mediterranean, the minister explored methods to strengthen bilateral financial cooperation and broaden the horizons of partnership between the Kingdom and the EU. He affirmed the Kingdom’s assist for regional and international financial safety and its dedication to enhancing coordination on problems with mutual curiosity, thereby reinforcing financial stability and resilience amid international adjustments and transformations.

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In his assembly with Maroš Šefčovič, Alkhorayef mentioned prospects for commerce, strengthening international provide chain safety, securing provides of vital minerals, exploring alternatives to combine industrial worth chains between the Kingdom and European Union international locations, and increasing joint investments in precedence sectors.

The 2 conferences fall throughout the framework of the minister’s go to to Belgium that goals to alternate experience, improve cooperation with European international locations in superior industries, and appeal to high-quality investments to the Kingdom in assist of the targets of Saudi Imaginative and prescient 2030.

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