Tech deal aims to improve UK-Saudi trade engagement
- Date: 05-Mar-2024
- Source: AGBI
- Sector:Technology
- Country:Saudi Arabia
Tech deal aims to improve UK-Saudi trade engagement
The UK and Saudi Arabia signed an agreement on Monday aimed at elevating science and technology links and trade growth opportunities. Officials said the deal will pave the way for the UK and Saudi Arabia to work together on deep science and technology breakthroughs that underpin progress in tackling challenges such as food security and […]
Deal focuses on science and tech
Will ‘drive collaborative efforts’
Trade worth $21.5bn in 2023
The UK and Saudi Arabia signed an agreement on Monday aimed at elevating science and technology links and trade growth opportunities.
Officials said the deal will pave the way for the UK and Saudi Arabia to work together on deep science and technology breakthroughs that underpin progress in tackling challenges such as food security and clean energy.
Andrew Griffith, the UK’s science minister, signed the agreement during a visit to Riyadh. He said it offered an “enormous opportunity” for UK businesses to export their expertise to the kingdom to support the Vision 2030 reform programme.
NewsletterGet the Best of AGBI delivered straight to your inbox every week
Chris Innes-Hopkins, UK executive director of the Saudi British Joint Business Council, told AGBI that giga-projects such as Neom can act as a testing ground for new technologies.
“Hopefully the agreement will