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Saudi Arabia wants to invest in Paraguay

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Saudi Arabia wants to invest in Paraguay

The expansion of commercial, industrial and investment relations were the main issues discussed during the working meeting between the Minister of Industry and Commerce (MIC), Luis Alberto Castiglioniand the Saudi Arabian Ambassador Hussein Alassiri In the institution.

The diplomat pointed out, regarding his presence at the MIC, that they spoke with Minister Castiglioni, of the excellent relations between Saudi Arabia and Paraguayand that they await the visit of the Paraguayan authority, to Riyadh, in order to discuss the expansion of commercial and industrial relations, taking into account the great potential that Paraguay offers.

“Paraguay is a very important country in agricultural activity and we are a great market, and We hope to expand exports from Paraguay to Saudi Arabia, and also bring investments to Paraguaybecause relations are advancing and the minister’s visit will support it”, said Ambassador Alassiri, while mentioning that his presence in Saudi Arabia will be an excellent opportunity to advance bilateral trade and economic issues.

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Regarding the import of products made by Saudi Arabia, he mentioned: “We import a lot, from fruits, soybeans and others, but businessmen can look for opportunities at the businessmen’s meeting that is scheduled to take place in Riyadh. The purpose of the visit is to talk about the opportunities Paraguay has and to invite Saudi entrepreneurs and businessmen to visit Paraguay. That is the purpose of bringing businessmen to learn more about this country, ”he highlighted.

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The entrance Saudi Arabia wants to invest in Paraguay was first published on newspaper TODAY.

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