KSA CP, Putin co-chair Saudi-Russian Economic Committee Meeting

  • Monday 14, October 2019 11:52 PM
  • KSA CP, Putin co-chair Saudi-Russian Economic Committee Meeting
Sharjah 24 – SPA: Prince Mohammed bin Salman bin Abdulaziz, Saudi Crown Prince, Deputy Prime Minister and Minister of Defence, and President Vladimir Putin of the Russian Federation co-chaired Monday the 1st meeting of the Saudi-Russian Economic Committee, in the presence of the delegations of the two countries.
At the outset of the meeting, Prince Mohammed bin Salman delivered a speech in which he stressed the importance of continuing the cooperation and building the strategic partnership between the two friendly countries, discussing many available opportunities and developing them in addition to more joint investment and production projects in line with the Kingdom Vision 2030.


For his part, President Putin pointed out that the major participating Saudi-Russian companies are playing a major role in the economy between Russia and the Kingdom of Saudi Arabia, praising the successful cooperation between the Russian Direct Investment Fund and the Public Investment Fund of Saudi Arabia.

The President of the Russian Federation drew attention to the role the Crown Prince has played in establishing this partnership, adding, "Starting from the Kingdom Vision 2030, we hope that the Russian businessmen would benefit from this vision.