Syria and Saudi Arabia discussed a proposed memorandum of understanding to enhance industrial cooperation between the two countries, including the development of industrial cities and zones, improving production efficiency and product quality, alongside exchanging knowledge in industrial financing and project support mechanisms.
This came during a meeting between Syrian Minister of Industry, Internal Trade, and Consumer Protection Bassel Abdul Hannan and the Saudi Ambassador to Syria, Ghazi bin Rafee Al-Anzi, on Tuesday at the Ministry building in Damascus.
Expanding Economic and Industrial Partnership
The Ministry stated via its Telegram channel that the proposed memorandum between the Syrian Ministry of Industry, Internal Trade, and Consumer Protection and the Saudi Ministry of Industry and Mineral Resources aims to enhance industrial cooperation, support development, and exchange technical and investment expertise.
The two sides discussed the proposed memorandum of understanding during the meeting, ways to strengthen bilateral relations, and develop prospects for joint cooperation in industrial fields, serving common interests and contributing to expanding economic and industrial partnership.
The Ministry emphasized that discussing the memorandum project comes within the context of a shared commitment to consolidating economic and industrial relations, opening new horizons for cooperation and investment, and leveraging the capabilities and expertise available in both countries, thereby supporting industrial development paths and enhancing future partnership opportunities.
These discussions take place within the framework of economic relations and cooperation between Syria and the Kingdom of Saudi Arabia, and joint efforts aimed at strengthening industrial and investment partnerships, exchanging technical and technical expertise, contributing to supporting industrial development, enhancing production, and opening new horizons for economic cooperation between the two countries.
Source: Syrian Arab News Agency (SANA)

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