Syrian Minister of Industry, Internal Trade, and Consumer Protection Bassel Abdul Hannan and Saudi Minister of Industry and Mineral Resources Prince Abdulaziz bin Salman bin Abdulaziz Al Saud signed an industrial cooperation agreement in Riyadh on Wednesday. This agreement aims to strengthen relations between the two countries and expand partnership horizons, focusing on the exchange of expertise and scientific, technical, and consultative capacities. The signing took place on the sidelines of President Ahmed al-Sharaa's visit to the Kingdom of Saudi Arabia, in the presence of Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud, at the Yamama Palace in the capital, Riyadh.
Areas of Cooperation
According to the agreement, which SANA obtained a copy of on Wednesday, the areas of cooperation include the exchange of knowledge and expertise in industrial systems, legislation, strategies, and policies, as well as production efficiency, specifications, standards, quality, and the competitiveness of industrial products, in coordination with competent authorities. The agreement also includes cooperation in developing industrial city infrastructure and enhancing their efficiency, and enabling industry through investment opportunities and ready-made factories within them.
He pointed out that the agreement stipulates the exchange of expertise in financing industrial projects, developing supply and logistics chains, attracting related investments and technologies, and enhancing industrial integration between the two countries, including production inputs. It also stipulates training human resources in the industrial sector, including educational opportunities in specialized institutes in the sector, along with any other areas agreed upon by both parties within the framework of the memorandum.
Implementation Mechanisms
The two parties are working to develop their cooperation under the agreement through establishing training courses and joint workshops, participating in relevant seminars and conferences, and preparing joint scientific and specialized research and studies in the industrial field. Cooperation also focuses on developing human resources in the industrial sector, enhancing the absorption and handling of modern technology, and honing expertise and capabilities in innovation and technology development in the sector.
Under the agreement, visits and experts will be exchanged, and bilateral meetings will be held with the participation of the public and private sectors from relevant parties, as well as any other means of cooperation agreed upon by both parties within the framework of the memorandum. President al-Sharaa arrived earlier on Wednesday in the Saudi capital, Riyadh, heading a high-level delegation comprising Minister of Foreign Affairs and Expatriates Asaad Hassan Al-Shaybani, Minister of Defense Major General Marhaf Abu Qasra, Minister of Finance Mohyeddin Yasser Barnea, Minister of Industry, Internal Trade, and Consumer Protection Bassel Abdul Hannan, and Head of the General Intelligence Directorate Major General Abdul Qader Tahhan.
Source: Syrian Arab News Agency (SANA)
Comments (0)