Economy

Breaking News: Saudi Minister’s Talks Spark Global Growth Strategy

Saudi Minister Holds High-Level Meetings to Drive Growth Through Sustainable Development Goals

In a series of high-level meetings, a Saudi minister engaged with officials from Qatar, Hungary, and the Solomon Islands to explore the use of sustainable development goals as a crucial driver of growth.

Building Relations Through Strategic Discussions

During the annual High-Level Political Forum 2024 on Sustainable Development in New York from July 8 to July 18, Minister of Economy and Planning, Faisal Al-Ibrahim, met with key figures such as Abdulaziz bin Nasser Al-Khalifa from Qatar, Aniko Raisz from Hungary, and Rexson Ramofafia from the Solomon Islands.

Strengthening Economic Ties

According to data from the Observatory of Economic Complexity, Saudi Arabia’s exports to Qatar, Hungary, and the Solomon Islands have shown significant figures in recent years, indicating a growing economic relationship between these nations.

Pushing for Ambitious Policies

Minister Al-Ibrahim emphasized the importance of ambitious yet pragmatic policymaking to accelerate progress and improve the overall standard of living. He highlighted Saudi Arabia’s commitment to sustainable development under Saudi Vision 2030 and the Saudi Green Initiative.

International Cooperation and Future Outlook

Discussions also covered enhancing international cooperation in various fields and the Kingdom’s active participation in forums like the High-Level Political Forum. Looking ahead, Saudi Arabia aims to address challenges efficiently to unlock more capabilities and drive tangible progress.

Positive Outlook on Economic Ties

Officials from Saudi Arabia, Hungary, and the Solomon Islands have expressed optimism about the future economic ties between their countries, highlighting the success of initiatives like Vision 2030 and the potential for further growth and collaboration.