Syria and Saudi Arabia agree to resume trade cooperation | News
Representatives of the Government of Syria and Saudi Arabia agreed on Tuesday to resume economic, trade and investment activities between the two countries within the framework of the Arab-China Business Conference being held in the Saudi capital, Riyadh.
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The head of the Federation of Chambers of Commerce of Syria, Muhammad Abu al-Huda al-Laham, led the delegation that met with the president of the Federation of Chambers of Saudi Arabia, Hassan bin Mojib al-Huwaizi.
According to local media, the Syrian authorities expressed their appreciation for the Saudi Kingdom's policy towards Damascus in the context of the resumption of bilateral diplomatic relations.
✔Saudi Arabia and Syria have reached an agreement to restore economic cooperation, reports the agency Sana following the colloqui on the tenutisi party in Riyadh.
��The Syrian delegation, observes Sana, has made the availability of Damascus available to sviluppare... pic.twitter.com/4W49rP3kF7
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June 13, 2023
In this regard, Syrian officials conveyed the aspirations of the domestic business sector regarding entering the Saudi market by investing in multiple sectors.
Based on this, the parties highlighted the need to carry out exchanges of commercial delegations, organize economic forums and promote the investment opportunities available.
Last May, Riyadh and Damascus resumed their diplomatic relations after being suspended after more than twelve years when the conflict in Syria began.
Subsequently, the King of Saudi Arabia, Salman bin Abdulaziz Al Saud, invited Syrian President Bashar Al-Assad to attend the 32nd edition of the Arab League summit after the bloc decided to readmit Syria.
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