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Saudi Arabia, Rwanda to establish joint business council

The forum explored investment opportunities in Rwanda, focusing on sectors like tourism, mining, and construction, and discussed strategies to increase trade and investment volumes
Saudi Arabia and Rwanda have agreed to establish a joint business council aimed at enhancing economic cooperation and trade relations between the two nations. This initiative was announced during a meeting between Saudi Commerce Minister Majid bin Abdullah Al-Qasabi and Rwandan Trade and Industry Minister Jean Chrysostome Ngabitsinze. The council will facilitate business-to-business interactions, promote investment opportunities, and explore potential collaborations in various sectors. This move is part of broader efforts by both countries to diversify their economies and strengthen bilateral ties, with a focus on sectors like agriculture, technology, and tourism. The establishment of the council is seen as a step towards fostering sustainable economic growth and development for both Saudi Arabia and Rwanda.

Read the Full Zawya Article at:
[ https://www.zawya.com/en/economy/gcc/saudi-arabia-rwanda-to-establish-joint-business-council-catv9rpz ]