During his visit to the Kingdom of Belgium, Minister of Industry and Mineral Resources Bandar Al Khorayev discussed ways to develop the economic partnership between the Kingdom and the European Union, a step aimed at strengthening the Kingdom’s role as a vital partner in supporting global economic security, strengthening supply chain integration, ensuring the smooth flow of international trade and securing supplies of critical minerals.
Mr. Al-Kholayef met with the European Commissioner for Mediterranean Affairs and discussed the prospects for expanding bilateral cooperation and increasing the level of coordination on common interests in a way that increases regional and international economic stability and enhances economic resilience in the face of global transformation.
He also met with the European Commissioner for Trade and Economic Security, whose agenda included securing critical minerals, strengthening cooperation in the area of trade and supply chain security, exploring opportunities for industrial value chain integration between Saudi Arabia and European Union countries, and increasing joint investments in priority sectors.
These meetings are part of the program of the Minister’s visit to Belgium, with the aim of exchanging experiences with European countries in advanced industries and attracting qualitative investments that support the goals of Saudi Vision 2030.
Alongside the visit, Mr. Al-Khoraief held a roundtable discussion with leading Belgian companies and a number of investors, during which he highlighted the role of Vision 2030 in enabling industrial transformation and maximizing the contribution of both sectors to the diversification of the national economy, as well as exploring opportunities to deepen partnerships in the industrial and mining sectors.
During his visit to the Kingdom of Belgium, Minister of Industry and Mineral Resources Bandar Al Khorayev discussed ways to develop the economic partnership between the Kingdom and the European Union, a step aimed at strengthening the Kingdom’s role as a vital partner in supporting global economic security, strengthening supply chain integration, facilitating international trade and securing supplies of critical minerals.
Mr. Al-Khoraev met with the European Commissioner for Mediterranean Affairs, during which they discussed prospects for expanding bilateral cooperation and increasing the level of coordination on issues of mutual interest. This increases regional and international economic stability and increases economic resilience in the face of global transformation.
He also met with the European Commissioner for Trade and Economic Security, who discussed securing critical minerals and exploring opportunities to integrate industrial value chains between Saudi Arabia and EU countries, as well as strengthening cooperation in the field of trade and supply chain security and increasing joint investments in priority areas.
These meetings are part of the Minister’s visit program to Belgium, aimed at exchanging experiences with European countries in advanced industries and attracting quality investments that support Saudi Vision 2030 goals.
On the sidelines of his visit, Mr. Al Khoraev held a roundtable discussion with leading Belgian companies and several investors, during which he considered opportunities to deepen partnerships in the industrial and mining sectors, while highlighting the role of Vision 2030 in enabling industrial transformation and maximizing the contribution of both sectors towards the diversification of the national economy.
