RIYADH: Saudi Arabia and Thailand signed agreements on Monday to establish a Saudi-Thai Business Council and facilitate bilateral trade.
The signing took place during the Saudi-Thai Business Forum organized by the Council of Saudi Chambers.
“The governments of Saudi Arabia and Thailand are keen to exploit the economic potential and promising investment opportunities,” the council’s president, Ajlan Ajlan, said.
He added that Saudi Vision 2030 and its initiatives are a key to facilitating economic cooperation between the two countries.
Senior officials and more than 300 business leaders from the two countries attended the forum.
“We are interested in the Kingdom being the main supplier of energy to Thailand, and for our part, we can become a major source of the Kingdom’s food security,” Thai Deputy Prime Minister and Minister of Trade, Jurin Laksanawisitt, said.
