Rome, 20 May 2023 (TDI): Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Italy called Minister of Trade Majid Bin Abdullah Al Qasabi of Saudi Arabia.
The discussion was centered on strengthening bilateral relations between Italy and Saudi Arabia, with a particular emphasis on the tech, scientific, and investment sectors.
Both ministers expressed their commitment to fostering further growth in trade exchange between the two countries.
Italy and Saudi Arabia recognized the importance of collaboration and knowledge-sharing in the field of technology.
They discussed the potential for joint research and development projects, promoting innovation, and enhancing digital infrastructure.
The ministers acknowledged the role of technology in driving economic growth and agreed to explore opportunities for cooperation in areas such as cybersecurity, artificial intelligence, and advanced manufacturing.
Minister Tajani and Minister Al Qasabi highlighted the significance of investment in deepening economic ties between the two countries.
They emphasized creating a conducive environment for investment and facilitating business partnerships.
The ministers discussed the potential for increased investment flows in sectors such as energy, infrastructure, tourism, and agriculture.
They also explicated the importance of bilateral agreements, trade missions, and business forums in promoting investment opportunities.
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They recognized the existing strong economic ties and aimed to further enhance bilateral trade by exploring new avenues and removing trade barriers.
The ministers discussed the potential for diversifying the trade basket, increasing exports and imports, and strengthening cooperation in sectors such as automotive, machinery, pharmaceuticals, and food products.
Both ministers acknowledged the significance of cultural exchanges in promoting people-to-people connections between Italy and Saudi Arabia.
They discussed the potential for cultural events, exhibitions, and festivals to enhance mutual understanding and appreciation.
The ministers emphasized the role of tourism in promoting cultural exchange and agreed to explore opportunities for collaboration in the tourism sector.
The call between Minister Antonio Tajani and Minister of Trade Majid Bin Abdullah Al Qasabi focused on the shared commitment to strengthening bilateral relations between Italy and Saudi Arabia.
