Saudi-Finnish agreement signed to strengthen economic ‎partnership

The Minister of Commerce and Chairman of the Board of Directors of the General Authority for Foreign Trade, Dr. Majid bin Abdullah Al-Qasabi, confirmed after his meeting today with the Minister of Economic Affairs Mika Lentella that the visit of the Saudi delegation to Helsinki resulted in the two sides agreeing to cooperate in a number of areas in which Finland occupies a leading position in the world. These include education and training, research and development, start-ups and innovation, sustainable technologies, sustainable mining, mobility and smart cities, logistics solutions and others.

During the visit, which spanned over the past 4 days, Al-Qasabi held a series of bilateral meetings with Finland’s Minister of Foreign Affairs Pekka Haavisto, Finnish Minister of International Cooperation and Foreign Trade Willi Skeneri, Finnish Minister of Transport and Communications Timo Haraka, and Finnish Minister of Science and Culture Petri. Honknin, it dealt with strengthening bilateral relations and developing trade exchange, promising investment opportunities in logistics services, cooperation and partnership in the fields of education, training and innovation.

He and his accompanying delegation participated in a number of meetings with the Finnish business sector, most notably a meeting on the mining industry, which dealt with its promising opportunities in the Kingdom, and its future expectations, in addition to a meeting with the head of mobile networks at “Nokia” Tommy Oito, which focused on regulatory reforms. Which will accelerate investments in communications infrastructure, especially those related to broadband, wireless networks, network security and artificial intelligence, and the Kingdom’s preparations to accelerate its digital growth, and digital infrastructure, in addition to meetings with a number of technology companies working in the areas of intelligence Artificial intelligence and its various applications, games and e-sports.

It is noteworthy that the Saudi delegation included leaders from the ministries of commerce, transport and logistics, education, environment, water and agriculture, health, energy, the Public Investment Fund, the General Authority for Foreign Trade, the General Civil Aviation Authority, and the Saudi Authority for Data and Artificial Intelligence (SDAYA). , the General Authority for Ports, the General Authority for Small and Medium Enterprises (Monsha’at), the National Competitiveness Center, and from the business sector, the Federation of Saudi Chambers, represented by the Chairman of the Saudi-Finnish Business Council, Mr. Majid Al Hokair, and officials from Saudi Aramco, SABIC, Saudi Airlines, the company participated. Saudi Investment Recycling (SRC), Savvy Toys Group, Saudi International Ports Company and many of the largest Saudi companies.