AFRICA - page 6

At the centre of the Tunisian-Saudi business council meeting we have the direct investment between Tunisia and Saudi Arabia and the possibility of developing joint investments as a strategic option that helps to penetrate other foreign markets Several Tunisian and Saudi business leaders took part in the meeting, both sides also addressed issues relating to the common concerns of economic operators in both countries. In particular, they noted that obstacles still hinder economic cooperation between the two countries and proposed to strengthen the awareness-raising and promotion activities of the two countries’ products. Mohamed Kooli, chairman of the Tunisian side of the business council who chaired the meeting jointly with Souleiman El Airi, chairman of the Saudi side, stressed in his speech that Tunisian-Saudi Arabian economic relations have not yet reached the excellent level of political relations and friendly relations between the two countries, emphasising the importance of intensifying the visits of businessmen from both countries to explore the opportunities of important investment opportunities for investors in multiple fields in both Tunisia and Saudi Arabia. For his part, El Airi said that Saudi Arabia attaches great importance to Saudi investments in Tunisia, adding that many Saudi projects have been carried out in Tunisia since the 1970s. He stressed that Saudi businessmen aspire to make new investments in Tunisia.