Arab News, Sun, Oct 20, 2024 | Rabi al-Thani 17, 1446
Saudi Arabia and Spain explore opportunities in mining cooperation
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Saudi Arabia:
Saudi Arabia’s Minister of Industry and Mineral
Resources met on Saturday with Spanish Minister of State for Energy, Sara
Aagesen Munoz, to discuss deepening mining cooperation between the two nations.
The meeting between Bandar Alkhorayef and Munoz
also included Saudi Ambassador to Spain, Princess Haifa bint Abdulaziz bin Ayyaf
Al Muqrin, and focused on attracting Spanish mining companies to invest in the
Kingdom’s growing mining sector.
During the discussions, Alkhorayef highlighted the
strong partnership between Saudi Arabia and Spain, emphasizing the significant
economic and trade ties that have developed over the years.
He described Spain as a key partner in Saudi
Arabia's efforts to expand its industrial and mining sectors, expressing
optimism about strengthening cooperation in these areas.
Alkhorayef also discussed Saudi Arabia’s Vision
2030 and noted that key sectors such as industry, mining, energy, and logistics
were critical to achieving these goals, with mining in particular being a
cornerstone of the Kingdom’s economic transformation.
Alkhorayef also welcomed foreign investment and
underscored the attractive opportunities available for international firms. He
invited Spanish companies to explore the Kingdom’s untapped potential in mining,
noting that the government has implemented various initiatives to support the
sector's growth.
The meeting concluded with both sides reaffirming
their commitment to strengthening bilateral ties and exploring new areas of
cooperation in the mining industry.