The business community is a key factor in building good relations between countries, emphasized the Minister of Foreign Affairs of the Kingdom of Saudi Arabia, His Royal Highness Prince Faisal bin Farhan al-Saudomi, during a meeting with the President of Serbia, Aleksandar Vučić, and expressed interest in strengthening cooperation in all domains from of mutual interest.
Vučić and Prince Faisal bin Farhan al-Saudomi discussed cooperation in the field of defense, military industry, energy, and especially in the sphere of renewable energy sources.
The interlocutors, it was announced from the president’s office, agreed that additional work should be done to connect the business communities of our two countries, as well as that the organization of a business summit that would bring together successful businessmen and investors would significantly improve economic relations between Serbia and Saudi Arabia.

It was also established that there are numerous unused potentials for the development of partnerships in the fields of agriculture, tourism, construction, the IT sector and energy, as well as in the sphere of renewable energy sources, military-economic, military-medical and military-educational cooperation, which in the upcoming period should be further strengthened and improved.
Pointing to numerous large global companies that have been successfully operating in Serbia for a long time, President Vučić invited businessmen and investors from Saudi Arabia to invest in Serbia and participate in joint projects.