Saudi-Jordanian Mining and Pharmaceutical Ties will Advance Thanks to Ministerial Visit.

Saudi-Jordanian Mining and Pharmaceutical Ties will Advance Thanks to Ministerial Visit.

RIYADH: Mining and pharmaceutical cooperation between Saudi Arabia and Jordan is set to expand following a top official’s visit to the Hashemite Kingdom.

Bandar bin Ibrahim Alkhorayef, Saudi Minister of Industry and Mineral Resources, met with Mohammed Ahmed Al-Shehhi, chairman of the Arab Mining Co., during his May 21 trip.

With a current emphasis on international progress, a Ministry of Industry and Mineral Resources statement highlighted that Saudi Arabia’s exports to Jordan in 2023 reached SR7.6 billion ($2 billion), while its imports from Jordan totaled SR7.5 billion.

During the minister’s visit, Alkhorayef and Al-Shehhi discussed ways to improve mining cooperation in the presence of Khalid bin Saleh Al-Mudaifer, vice minister of mining affairs. According to the Saudi Press Agency, they also looked into ways to capitalise on Saudi Arabia and Jordan’s mining resources.

In a post on his X account, the minister stated that he met with several officials from Jordanian mining companies to discuss the possibility of joint cooperation to develop the region’s mining sector and benefit from both countries’ vast mineral resources, particularly in a number of strategic and rare minerals.

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