Czech Foreign Minister Hails Diversity of the Saudi Economy

Saudi Arabia financial wealth grows to $1tn despite challenges from pandemic

Czech Foreign Minister Jakub Kulhanek hailed the Kingdom Vision 2030, the efforts to diversify the Saudi economy and the development of various economic sectors as well as the available opportunities for international investors, urging for exploiting the economic components and investment opportunities that attract Saudi investors in the Czech Republic.

He affirmed that the Czech companies have technologies to develop various projects in the Kingdom, citing renewable energy, public transport, gas, oil, health care, industry, mining and others.

During his meeting with Vice President of the Federation of Saudi Chambers of Commerce Eng. Tariq Al-Haidari and a number of Saudi business owners here today, aspects of commercial and investment were reviewed.

For his part, Al-Haidari asserted that this meeting is an opportunity to enhance investment cooperation between the two countries and explore opportunities in the Saudi and Czech markets, adding that the volume of trade exchange, which amounts to about SAR 2.5 billion in 2019, is modest compared to the available opportunities and economic capabilities of the two countries.