Saudi Arabia, Sweden Discuss Enhancing Trade Exchange, Investment Opportunities 

The council is a mainstay in stimulating and encouraging the private sector on both sides, contributing to develop bilateral relations, exchange expertise and knowledge, and set plans and programs to seize available investment opportunities and turn them into tangible partnerships, Al-Qasabi added.

“The Kingdom is keen to enhance trade cooperation, facilitate exports to Sweden, in particular, and the Scandinavian countries, in general, and exchange expertise and knowledge,” Al-Qsabi said, pointing out that the Kingdom is Sweden’s largest economic partner in the Middle East and the Number 1 trade partner with the Scandinavian countries, as the volume of trade exchange in the last five years has reached more than $6 billion.
He also urged the Swedish companies to invest in the Kingdom, in various promising sectors and take advantage of the opportunities and initiatives of the Kingdom Vision 2030, especially in manufacturing industries and various promising sectors, such as e-commerce, information technology, and others.
Dr. Al-Qasabi also touched on the most prominent economic reforms in light of the Kingdom Vision 2030, the most important investment opportunities, and the Kingdom’s achievements in empowering women, preserving the environment, clean and renewable energy fields, progress in commercial policies, and improving the business environment.
Meanwhile, the Saudi-Swedish Joint Committee was convened to enhance cooperation, headed by the Deputy Governor of the General Authority for Foreign Trade Eng. Jaber Al-Mishal, during which the minutes of the meeting of the Joint Committee was signed, outlining the road map for strengthening cooperation, in all sectors between the two countries.

Both events were attended by representatives from the public and private sectors.