Saudi Arabia, Morocco Discuss Enhancing Economic Cooperation

Industry


Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al Khorayef, discussed with Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, and Minister of Economy and Finance, Nadia Fattah Al Alawi, means to enhance areas of cooperation between the two countries in the mining sector, develop areas of economic cooperation, and empower financial institutions.

During the meeting, opportunities for cooperation and partnership in the mining sector were also discussed, including developing the phosphate industry, benefiting from the accumulated experiences of the two countries to enhance the competitive advantage of phosphate fertilizers, and accessing new markets.

Discussions also dealt with developing cooperation in regional trade, including overcoming obstacles to importing and exporting vital minerals in the region, in addition to cooperation in export development and promoting Saudi exports to Morocco.

Source: Qatar News Agency