09/27/2021
France and Saudi Arabia sign an agreement, with the help of the two countries’ national agencies, to promote investment
This morning, inside the Grand Salon of the French Ministry for Europe and Foreign Affairs at the Quai d´Orsay in Paris, Business France and the National Companies Promotion Program (NCPP) signed a cooperation agreement.
The signing of the agreement between Business France and its Saudi counterpart, the National Companies Promotion Program (NCPP), took place during the official visit of Saudi Arabia’s Minister for Investment, His Excellency Khalid Al Faleh. The deal had been drawn up following the Minister Delegate reporting to the Minister for Europe and Foreign Affairs, with responsibility for Foreign Trade and Economic Attractiveness Franck Riester’s last visit to Saudi Arabia, with Business France’s teams having contributed to it.
The agreement aims to improve the exchange of business, trade and investment information in order to promote mutually beneficial investments and support initiatives aimed at improving conditions for investment.
It also plans to carry out joint promotional activities aimed at developing trade and investment between Saudi Arabia and France.
The meeting, held under the high patronage of Ministers Riester and Al Faleh, was a success.
