South African Consul, Commercial Delegation, Makkah Chambers of Commerce Discuss Boosting Economic Cooperation

  • 2/25/2023
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Makkah, November 26, 2018 -- Jeddah-based Consul General of the Republic of South Africa Shoayb Casoo, led a commercial delegation from his country, to discuss with the Chamber of Commerce and Industry, here today ways to strengthen economic and investment relations between businessmen, in the two countries. During the meeting, the Secretary-General of Makkah Chambers Ibrahim Birdisi spoke about the need to clarify investment climate, in various fields and the regulatory guarantees for investments in South Africa to be presented to the business sector, which is to be followed by a business trip for businessmen to explore opportunities, in different sectors. The Consul welcomed the visit of a delegation to his country to find out the opportunities available, indicating that the two countries' will support the development of investments, in various fields and pointed out that the Kingdom is a strategic partner of South Africa, in various economic fields. He stressed that South Africa encourages strengthening the economic relations with the Kingdom, and can do more investments through the Makkah Chamber in the sectors of mining, technology, renewable energy, tourism, accommodation, transport and communications, noting that the relations between the two sides have developed rapidly since the opening of the embassy and the consulate in 1994, as bilateral trade volume has jumped from nothing to $3.5 billion, recently. -- SPA 19:39 LOCAL TIME 16:39 GMT 0025 www.spa.gov.sa/w794356

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