Third Saudi-Spanish Joint Committee concludes with renewed focus on economic cooperation and knowledge transfers

Third Saudi-Spanish Joint Committee concludes with renewed focus on economic cooperation and knowledge transfers

Madrid, Spain: – The third Saudi-Spanish Joint Committee (SSJC) concluded in Madrid with a renewed emphasis on strengthening bilateral economic cooperation and enhancing knowledge transfers between both nations.

The Saudi delegation’s visit to Spain included the third meeting of the SSJC, the Saudi-Spanish Business Forum, and the Saudi-Spanish Business Council, as well as a range of bilateral meetings, which saw the participation of more than 50 entities from Saudi’s public and private sectors.

Throughout the three-day SSJC, representatives from both countries explored ways to deepen economic collaboration across vital industries such as energy, water, technology, tourism, education, infrastructure, real estate, aviation, agriculture, and the environment, among others, as Saudi Arabia looks to accelerate its transformation into a global industrial powerhouse and world-class business and logistics hub.

Speaking at the end of the SSJC, His Excellency Faisal bin Fadhil Alibrahim, Minister of Economy and Planning for the Kingdom of Saudi Arabia, said: “The third Saudi-Spanish Joint Committee has been a true success, enhancing and promoting collaboration between our nations and opening the door to a new phase of strategic cooperation across vital industries in both countries.

“It has served as a highly productive platform to highlight the continuous progress being made under Saudi Vision 2030,