Saudi-Portuguese committee seeks to bolster economic ties

Saudi Minister of Economy and Planning Faisal Al-Ibrahim will lead the delegation at the sixth session of the Saudi-Portuguese Joint Committee.
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RIYADH: Economic relations between Saudi Arabia and Portugal are on track to further strengthen as a top-level delegation heads to Lisbon for a meeting to enhance cooperation between the two countries.

Saudi Minister of Economy and Planning Faisal Al-Ibrahim will lead the delegation at the sixth session of the Saudi-Portuguese Joint Committee which begins on Monday, the Saudi Press Agency reported.

The two-day meeting will review investment opportunities between the two countries and explore venues for further collaboration across different sectors.

Al-Ibrahim is scheduled to deliver both the opening and closing speeches at the meeting alongside Portuguese Minister of Economy and Maritime Affairs Antonio Costa Silva.

The Saudi minister is also expected to deliver the opening speech at the Saudi-Portuguese Investment Forum.

He will also hold several meetings with senior government officials in Portugal and sign agreements aimed at boosting economic cooperation.

Saudi delegation includes representatives of different ministries and top officials of various government agencies.

In August, Al-Ibrahim met in Riyadh with the Ambassador of Portugal to the Kingdom of Saudi Arabia, Nuno Mathias, SPA reported at the time. They both discussed ways to enhance cooperation.