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Saudi Arabia and Côte d'Ivoire agree to establish a joint business council

Saudi Arabia and Côte d'Ivoire have agreed to establish a joint Saudi-Ivorian Business Council, a significant move aimed at bolstering trade and investment between the two nations. This agreement was formalized through the signing of a Memorandum of Understanding (MoU) during the Saudi-African Summit in Riyadh.

13 November 2023 · 06:13 UTC

Hassan Bin Mujib Al-Huwaizi, President of the Federation of Saudi Chambers (FSC), and Ahmed Cissé, Chairman of the Ivorian Employers’ Association, were the signatories of the MoU. The council will engage in various trade and promotional activities and play a crucial role in the economic cooperation agenda of both countries.

The newly formed council aims to provide a platform for businesspersons from Saudi Arabia and Côte d'Ivoire to introduce, promote their activities, and establish business partnerships. It is expected to open new qualitative fields for economic cooperation and enhance ongoing interactions between the business sectors of Saudi Arabia and Côte d'Ivoire.

Additionally, the council will focus on facilitating the exchange of information about opportunities and markets, organizing exhibitions and forums, and coordinating visits by trade delegations. This initiative is a significant step towards deepening economic ties and collaboration between the two countries.