Arab News, Tuesday, Aug 30, 2022 | Safar 3, 1444
Saudi Arabia, Thailand sign deals to form business council, facilitate trade
Saudi Arabia: 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
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.