Saudi-Mozambican agreement to establish Joint Business Council


President of the Federation of Saudi Chambers Hassan bin Mujib Al-Huwaizi, and a number of Saudi businessmen met in Riyadh on Sunday with a number of the Ministers of Agriculture and Public Works and Deputy Ministers of Finance, Energy and Mineral Resources from the Republic of Mozambique as part of the current visit of President Filipe Jacinto Nyusi of the Republic of Mozambique to the Kingdom.

During his speech, Al-Huwaizi expressed his aspiration to enhance cooperation relations between the Saudi and Mozambican private sectors in a way that supports the growth of the volume of trade and investment exchange between the two countries, hailing the advantages being enjoyed by Mozambique in the sectors of agriculture, mining and tourism, in addition to the advantages the Saudi economy enjoys of opportunities for investors in light of Vision 2030.

Also, the meeting discussed opportunities for trade and investment partnership between the Kingdom and the Republic of Mozambique in the fields of agriculture, water, electricity, tourism, infrastructure and mining.