Sixth Session of Saudi-Djiboutian Joint Committee Held to Strengthen Economic and Investment Cooperation
In a step reflecting the strength of the fraternal relations between Saudi Arabia and the Republic of Djibouti, the sixth session of the Saudi-Djiboutian Joint Committee was held today in Riyadh, chaired by Minister of Transport and Logistics Services Eng. Saleh bin Nasser Al-Jasser, and Djibouti's Minister of Foreign Affairs and International Cooperation, Mahmoud Ali Youssouf.
A Shared Vision for Strengthening Bilateral Relations
Eng. Saleh Al-Jasser opened the meeting with remarks highlighting the deep historical relationship between the two countries, affirming that such meetings mark a new starting point for strengthening cooperation in trade, investment and logistics services. He also noted the notable growth in trade exchange between the two countries, which reached 7 billion riyals in 2023, saying the figure reflects efforts to support sustainable growth and increase Saudi exports to regional and global markets.
Directions Supporting Vision 2030
Al-Jasser affirmed that Saudi Vision 2030 aims to build a vibrant, diversified economy by strengthening partnerships between the public and private sectors and developing promising industries, contributing to attracting investments and creating new opportunities for entrepreneurs. He explained that the growing cooperation between Saudi Arabia and Djibouti serves as a model for strengthening bilateral economic relations in the interest of both countries.
New Agreements and Continued Support
The session concluded with the signing of the closing minutes, which included a number of agreements to deepen cooperation in vital areas such as transport and logistics services. The session also saw an exchange of commemorative gifts between the two sides, signifying the depth of fraternal ties between the two countries.
Both sides affirmed their commitment to continuing joint efforts to fulfill the aspirations of both countries' leaderships and drive comprehensive development across various fields.
