Today in Riyadh (Kingdom of Saudi Arabia), the 5th Russian-Saudi Intergovernmental Commission for Trade, Economic, Scientific, and Technology Cooperation was opened. At the event, the Republic of Tatarstan is represented by Deputy Prime Minister and Minister of Industry and Trade of Tatarstan Albert Karimov.
Within two days, a delegation from Russia composed of over 60 top executives of Russian companies, including KAMAZ, Gazprom, Lukoil, Pipe Metallurgical Company, United Machine Building Plants, Russian Railways, Nevsky Machines, will visit the leading companies of Saudi Arabia and hold working consultations with representatives of key ministries and industry associations.
In addition, an expanded meeting of two countries’ business communities will be held with the participation of the officials from the Ministry of Commerce and Investment of Saudi Arabia, the Ministry of Energy, Industry and Mineral Resources of Saudi Arabia, the Ministry of Industry and Trade of the Russian Federation and the Ministry of Energy of the Russian Federation. During the meeting, major Russian companies will present their investment opportunities and take part in sectoral discussions and bilateral negotiations with their Saudi counterparts.