RIYADH: Saudi Minister of Commerce Majid Al-Kassabi said he met with Australian Minister for Trade and Tourism Don Farrell on Sunday, during his first visit to the Kingdom since taking office.
During the meeting, the two sides discussed “ways to enhance trade relations and enable the private sector to benefit from promising opportunities available in both countries across various sectors,” according to an X post by Al-Kassabi. Meanwhile, Prince Albert II of Monaco was escorted to Jeddah’s King Abdulaziz International Airport by Governor Prince Saud bin Abdullah bin Jalawi and other officials.
Officials also pressed the idea that private-sector participation can unlock practical benefits, helping companies on both sides enter new markets, innovate, and create jobs. By identifying promising fields where both economies complement each other, they hope to build a more robust and mutually beneficial partnership.
This meeting also mirrors Saudi Arabia’s broader strategy to deepen ties with global partners across continents, as seen in other recent diplomatic and economic initiatives spanning Europe, Asia and the Middle East. The focus is on leveraging Saudi Arabia’s strategic location, large market and evolving regulatory environment to become more integrated into global trade and supply chains.
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