Agreement between the Federation of Saudi and Syrian Chambers on the Resumption of Trade and Investment Activities between the Two Sides

  • Riyadh, KSA
  • 13 June 2023
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Saudi Arabia and Syria agreed to reopen the path of economic cooperation, resume trade and investment activities and events between the two sides, enable investors from the investment opportunities available in the Kingdom and Syria, and establish economic forums to raise the trade balance between the two countries, in conjunction with Syria's openness to its Arab surroundings.

The agreement between the two sides took place during the meeting of the President of the Federation of Saudi Chambers, Hassan bin Mujeb Al-Huwaizi, with the President of the Federation of Syrian Chambers of Commerce, Muhammad Abu Al-Huda Al-Lahham, and his accompanying delegation, on the sidelines of the Arab-Chinese Business Conference held in Riyadh.

The members of the Syrian delegation expressed their appreciation for the Kingdom's positions towards Syria and its people, noting the great development witnessed by the Kingdom and the desire of the Syrian business sector to enter the Saudi market and invest in various economic sectors. The two sides stressed the need to exchange visits of trade delegations, enable investors to enjoy investment opportunities available in Saudi Arabia and Syria, and establish economic forums to advance the path of economic cooperation between the two countries.

Source (Asharq Al-Awsat Newspaper, Edited)

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