Money and business

Details: The Kingdom signs 3 international memorandums for cooperation in mineral resources

The Kingdom signed, representing At the Ministry of Industry and Mineral Resources, 3 international memorandums of understanding for cooperation in the field of Riyadh during the period from January 13 to 15.
This step embodies the Kingdom’s endeavors towards expanding its international partnerships and strengthening the frameworks for technical and investment cooperation in the mining and metals sector, in a way that serves common interests and achieves sustainable development of mineral resources.
The signing ceremony included concluding a memorandum of understanding with the Ministry of Mining in the Republic of Chile to cooperate in the field of mineral wealth, and signing a memorandum of understanding with the Department of Natural Resources in Canada to cooperate in the field of mineral resources. The Ministry launched this system of strategic partnerships by signing a memorandum of understanding with the Ministry of Mines and Energy of the Federal Republic of Brazil to cooperate in the field of mineral resources.

The largest global level of representation

The fifth edition of the International Ministerial Meeting recorded an international level of representation that is the largest of its kind in the world, with the participation of more than 100 countries, including all the G20 countries along with the European Union, in addition to the participation of 59 multilateral organizations, industrial unions and non-governmental organizations, which reflects The position that the Ministerial Meeting has become as a leading international platform for coordinating visions, building partnerships, and developing practical solutions to the challenges of the global mining and metals sector.

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