Trading

Saudi Arabia, Cyprus Agree to Establish Joint Business Council

Riyadh, The Federation of Saudi Chambers of Commerce (FSCC) and the Cyprus Chamber of Commerce and Industry (CCCI) today signed a cooperation agreement to establish a Saudi-Cypriot Business Council in a bid to enhance trade between the Kingdom of Saudi Arabia and Cyprus and increase the commercial and investment cooperation volume between the two countries.

FSC Acting Secretary General Hussein Al-Abdulqader and CCCI Secretary General Marios Tsiakkis signed the deal.

The council will be concerned with opening qualitative fields for economic cooperation, facilitating interaction between the Saudi and Cypriot business sectors, overcoming challenges and obstacles, exchanging information on available markets and investment opportunities and empowering commercial and investment partnerships.

Source: Saudi Press Agency