Saudi Arabia Boosts Foreign Trade Relations with Canada, Nigeria, and Indonesia
Exciting news for Saudi Arabia as the approval of the formation of joint business councils with Canada, Nigeria, and Indonesia is set to enhance foreign trade relations.
Saudi-Canadian Business Council Takes Shape
Mohammed bin Nasser Al-Duleim has been appointed as chairman of the Saudi-Canadian Business Council, signaling a new era of collaboration between the two countries. Abdullah bin Salem Al-Mukhles and Abdullah bin Ahmed Al-Ahmad will serve as vice-presidents, driving the council’s mission forward.
Strengthening Ties with Canada
Saudi Arabia emerged as Canada’s key trading partner in the Middle East and North Africa region in 2022, solidifying their economic relationship with approximately $5.1 billion in merchandise trade.
Saudi-Nigerian Business Council Formed
Sultan bin Mahdi Al-Qahtani has been appointed as chairman of the Saudi-Nigerian Business Council, underscoring the commitment to fostering trade relations. Nasser bin Abdulaziz Al-Sudais and Sultan bin Khalid Al-Turki will support Al-Qahtani as vice-chairmen.
Nigeria’s Support for Saudi Arabia
Nigeria stands out as a strong ally, being one of the first countries to back Saudi Arabia’s bid to host the 2030 World Expo, highlighting the depth of their partnership.
Saudi-Indonesian Business Council Sees Progress
Ayman bin Amin Sajini has been appointed as chairman of the Saudi-Indonesian Business Council, signaling a new chapter in the longstanding ties between the two nations. Osama bin Abdullah Qoqandi and Saleh bin Abdullah Al-Qabaa will serve as vice-chairmen, driving collaboration forward.
Historic Ties with Indonesia
The relationship between Saudi Arabia and Indonesia dates back centuries, with recent momentum sparked by King Salman’s visit to Indonesia in 2017. The establishment of the Saudi-Indonesia Supreme Coordinating Council further solidifies their partnership at both political and business levels.