exhibition "Inoprom".. Autumn confirms the Kingdom’s keenness to expand its partnerships with Russia
Confirmed Minister of Industry and Mineral Resources Bandar bin Ibrahim Autumn The Kingdom is keen to deepen its industrial and investment partnerships with the Russian Federation, and to exploit joint opportunities in many priority sectors, in order to achieve the common interests of the two countries.
This came during his participation in a keynote speech in the International Industrial Exhibition "Enoprom"The current edition of which was launched in Riyadh, and will continue until February 10, with broad participation from leaders of the government and private sectors, and major industrial companies in the Kingdom, Russia, and a number of countries around the world.
Stimulating investments between the two countries
Al-Kharif explained that Riyadh will host an exhibition "Inoprom"It reflects the mutual interest between the Kingdom of Saudi Arabia and the Russian Federation in strengthening industrial and investment cooperation, and building on historical relations that extend for more than 100 years, which contributes to expanding the horizons of strategic industrial partnerships and stimulating qualitative investments between the two countries.
He pointed out that Riyadh’s hosting of the exhibition, shortly after the Kingdom’s participation as a partner country in its last edition in Russia, confirms the two countries’ keenness to deepen their bilateral relations and develop joint cooperation in priority sectors, especially industry and logistics services, and supply chains, stressing the commitment of the governments of the Kingdom and Russia to building a strong cooperation base that provides a stable and safe investment environment for investors in the long term. Kingdom Vision 2030.
He indicated that the Kingdom has an integrated system to support industrial projects, including advanced industrial cities, modern infrastructure, industrial financing, training and qualification programs, in addition to policies that support localization and knowledge transfer, which contributes to enabling qualitative industrial investments and enhancing their sustainability.
Saudi and Russian participation in "Inoprom"
It is considered an exhibition "Inoprom" It is one of the most prominent international industrial exhibitions, and has been organized annually for more than 15 years in the Russian Federation, and attracts major industrial companies.
The current edition in Riyadh witnesses broad Saudi and Russian participation, in addition to a business program that includes dialogue sessions and bilateral meetings, aiming to build strategic partnerships that support the economic development goals of the two countries.
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