11/11/2024
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Somalia, Saudi Arabia strengthen economic and trade ties through high-level meetings


Tuesday October 29, 2024

Riyadh (HOL) — Somali Minister of Foreign Affairs Ahmed Maalam Faqi met with Saudi Arabia’s Minister of Investment, Eng. Khaled bin Abdul Aziz Al-Falah will be in Riyadh on Monday to discuss investment and trade between Somalia and Saudi Arabia.

The two ministers discussed potential areas for trade and economic cooperation across several sectors of mutual interest, highlighting opportunities in Somalia’s resource-rich economy.

Both sides emphasized the importance of consolidating trade and investment ties and increasing the volume of trade exchange between the two nations.

Minister Faqi also held talks with Saudi Foreign Minister Prince Faisal bin Farhan to discuss bilateral relations and topics of mutual interest.

Mogadishu and Riyash ministers reviewed ongoing efforts to strengthen cooperation in various fields and explored ways to enhance the longstanding ties between the two sister countries.



 





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