Saudi Industry Minister Participates in Saudi-Canadian Business Council Meeting

General

Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef participated in a roundtable meeting organized by the Saudi-Canadian Business Council in Toronto, Canada. The meeting was attended by the Saudi-Canadian Business Council chief executive, leaders from the Canadian private sector, and key figures from the Kingdom's industry and mining sectors.

Discussions focused on the Kingdom's investment environment -- including its competitive advantages and the unique opportunities offered by the National Industrial Strategy -- and the comprehensive mining and mining industries strategy for Canadian companies.

The meeting also highlighted the incentives and support provided by the industry and mining sectors to facilitate investors throughout every phase of their projects.

During the session, Alkhorayef emphasized the crucial role of the Saudi-Canadian Business Council in advancing trade cooperation and strengthening bilateral relations between Saudi Arabia and Canada. He noted that the council serves as a significant platform for dialogue and collaboration between private-sector leaders, fostering effective partnerships that leverage joint investment opportunities in both countries.

Since 2015, the Saudi-Canadian Business Council has worked to enhance trade, commerce, and investment between Saudi Arabia and Canada.

Minister Alkhorayef's participation in the roundtable is part of an official visit to Canada that aims to bolster industrial and mining cooperation between the two countries, explore shared opportunities, and attract foreign investment to Saudi Arabia.

Source: Saudi Press Agency