In the presence of President of the Swiss Confederation Guy Parmelin, Minister of Foreign Affairs Faisal bin Farhan bin Abdullah and Minister of Investment Fahad Al-Saif participated today in the Saudi-Swiss Investment Roundtable Meeting in Jeddah, with the participation of State Secretary for Economic Affairs of the Swiss Confederation Helene Budliger Artieda, along with a large number of officials and business leaders from both sides.
During the meeting, the two sides reviewed joint investment opportunities, discussed ways to strengthen economic cooperation between the two countries, and explored the development of partnerships in priority sectors in a manner that supports economic growth and enhances relations.
The meeting was held on the sidelines of the official visit of the President of the Swiss Confederation to the Kingdom, as the two countries mark 70 years of diplomatic relations that have, from the outset, helped lay the foundations of cooperation and build a partnership based on mutual respect and the development of shared interests between the two friendly countries.
At the conclusion of the meeting, an agreement was signed between the government of the Kingdom of Saudi Arabia and the Swiss Federal Council on the promotion and reciprocal protection of investments. It was signed on the Saudi side by Minister of Investment Fahad Al-Saif, and on the Swiss side by President of the Swiss Confederation Guy Parmelin. The agreement aims to strengthen and stabilize the investment environment, protect investors’ rights, and support the flow of mutual investments between the two countries.
The meeting was attended by Saudi Ambassador to the Swiss Confederation and the Principality of Liechtenstein Abdulrahman Aldawood.
Robban Assafina is now on WhatsApp channel. Click Here
