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Saudi Arabia, Greece Strengthen Trade Partnership at Roundtable Meeting

Saudi Arabia and Greece on Tuesday held the Saudi-Hellenic Roundtable Meeting in Riyadh, reported the Saudi Press Agency (SPA).

The meeting, co-chaired by the Saudi Minister of Commerce and Chairman of the General Authority of Foreign Trade (GAFT), Majid Al-Qasabi, and the Greek Deputy Minister of Foreign Affairs, Tasos Chatzivasileiou, saw the participation of several government and private entities.

Saudi Arabia, Greece Strengthen Trade Partnership at Roundtable Meeting

The Saudi-Hellenic Roundtable Meeting aimed to strengthen the trade and investment partnerships between Saudi Arabia and Greece, and explore investment opportunities in the Saudi construction sector.

It also focused on discussing ways to address common challenges and enhance cooperation in trade and investment, to further bolster bilateral economic ties.

Several Saudi government entities took part in the meeting, such as the Saudi Investment Ministry, the Federation of Saudi Chambers, and the Public Investment Fund (PIF).

Furthermore, major companies from both countries participated in the meeting, including NEOM, Qiddiya Investment Company, Red Sea Global, King Salman International Airport, Diriyah Company, New Murabba, AlUla Development Company, ROSHN Group, Soudah Development, and King Salman Park, in addition to many Greek companies.

Saudi Arabia, Greece Strengthen Trade Partnership at Roundtable Meeting

Trade exchange between Saudi Arabia and Greece reached about $2 billion, as of the third quarter of 2024. Moreover, the trade volume between the two countries recorded a growth rate of 18.3% in the period from 2019 to 2023.

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