The Kingdom and Croatia have agreed in principle to establish a joint Saudi-Croatian business council under the auspices of the Federation of Saudi Chambers. Opening up new areas for economic cooperation and promoting ongoing interaction between the business sectors of the two countries. This is stated during today’s meeting of the former President of the Republic of Croatia Kolinda Grabar and the delegation accompanying her with Saudi entrepreneurs at the headquarters of the Federation. Saudi chambers in Riyadh.
The former President of Croatia expressed his country’s desire to sign an economic cooperation agreement with the Kingdom. Expand the areas of trade and investment cooperation, noting the prospects for partnership between the two countries and the opportunities available in the sectors of renewable energy, transport, infrastructure, tourism and real estate, and called on Saudi and Croatian companies to cooperate more closely in a way that contributes to the improvement of the level of economic relations between the two countries.
For his part, the head of the Federation of Saudi Houses, Hassan bin Mujib Al-Khuwayzi, said that Croatian companies have great investment opportunities in the Kingdom in the sectors targeted by Vision 2030, especially in renewable energy, tourism and real estate, pointing out that the volume The trade turnover between the two countries grew by 198% and reached 533 million rials in 2021. He urged to find new mechanisms of cooperation to promote investment opportunities between the two countries.
