The Federation of Saudi Chambers along with several Saudi businessmen have met in Riyadh with a number of the Ministers of Agriculture and Public Works and Deputy Ministers of Finance, Energy and Mineral Resources from the Republic of Mozambique.
The meeting was headed by Mr. Hassan bin Mujib Al-Huwaizi, President of the Federation of Saudi Chambers, as part of the current visit of President Mr. Filipe Jacinto Nyusi of the Republic of Mozambique to the Kingdom.
During his speech, Mr. Al-Huwaizi expressed his aspiration to enhance cooperation relations between the Saudi and Mozambican private sectors in a way that supports the growth of the volume of trade and investment exchange between the two countries, hailing the advantages being enjoyed by Mozambique in the sectors of agriculture, mining and tourism, in addition to the advantages the Saudi economy enjoys of opportunities for investors in light of Vision 2030.
Also, the meeting discussed opportunities for trade and investment partnerships between the Kingdom and the Republic of Mozambique in the fields of agriculture, water, electricity, tourism, infrastructure and mining.
The two sides also agreed on the necessity of establishing a joint Saudi-Mozambican business council and forming a business delegation of Saudi businessmen to visit Mozambique to explore available investment opportunities.
In September last year, the Federation of Saudi Chambers and Senegal’s National Union of Chambers of Commerce, Industry and Agriculture signed a cooperation agreement to establish a joint Saudi-Senegalese Business Council as part of endeavors to enhance trade movement between Saudi Arabia and Senegal as well as increase the commercial and investment cooperation volume between the two countries.
