Slovak Companies Seek Trade Partnerships with Saudi Arabia through Business Forum

(MENAFN) Slovakia aims to strengthen trade and investment partnerships with Saudi Arabia through a special business forum, as reported by the Kingdom's official press agency. Over 50 companies from Slovakia have expressed their interest in fostering relationships with their Saudi counterparts. The first meeting of the group took place in Riyadh, where delegates from both countries gathered to explore ways to enhance their bilateral ties and bolster economic cooperation.

Slovak firms are particularly keen on tapping into the Saudi market, which presents various opportunities arising from the ongoing projects under the Kingdom's Vision 2030 program. They are actively looking to engage in sectors such as contracting, real estate, tourism, energy, healthcare, and information technology. These industries align with the diversification goals of Saudi Arabia and offer potential avenues for mutually beneficial partnerships.

During the Saudi-Slovak Business Forum, Fayez Al-Shuaili, Vice President of the Federation of Saudi Chambers, highlighted the significant potential to expand the trade volume between the two nations. He emphasized the importance of the official opening of the Slovakian embassy in Riyadh, noting that it serves as a crucial step in solidifying ties and strengthening economic relations between Saudi Arabia and Slovakia. This forum provides a platform for fruitful discussions and the exploration of avenues for increased cooperation, paving the way for mutually beneficial trade and investment opportunities.

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