Paraguay’s President Receives Saudi Minister of Investment

Saudi Minister of Investment Khalid Al-Falih. (SPA)
Saudi Minister of Investment Khalid Al-Falih. (SPA)
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Paraguay’s President Receives Saudi Minister of Investment

Saudi Minister of Investment Khalid Al-Falih. (SPA)
Saudi Minister of Investment Khalid Al-Falih. (SPA)

President Mario Abdo Benítez of the Republic of Paraguay met on Thursday with the Saudi Minister of Investment Khalid Al-Falih, who is visiting Paraguay.

During the meeting, Al-Falih conveyed greetings from the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, to the Paraguayan president, government, and people.

The discussions focused on the Saudi-Paraguayan relations, exploring avenues for joint cooperation, and ways to enhance collaboration in investment and other areas.

Al-Falih also participated in a roundtable meeting with representatives from the private sectors of both countries. The meeting aimed to strengthen joint cooperation and foster economic ventures between Saudi Arabia and Paraguay.

Bilateral relations, areas of joint investment, and cooperation in various fields were reviewed during the meeting. The participants discussed ways to enhance these collaborations in light of the promising opportunities that currently exist.

Furthermore, Al-Falih held a meeting with Paraguayan Minister of Industry and Commerce, Luis Alberto Castiglioni, to discuss methods of enhancing investment and economic cooperation, as well as other matters of mutual concern.



Saudi Crown Prince, Trump Discuss Expanding Partnership Between the 2 Countries

Saudi Crown Prince Mohammed bin Salman and US President Donald Trump during a meeting in 2019. AFP
Saudi Crown Prince Mohammed bin Salman and US President Donald Trump during a meeting in 2019. AFP
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Saudi Crown Prince, Trump Discuss Expanding Partnership Between the 2 Countries

Saudi Crown Prince Mohammed bin Salman and US President Donald Trump during a meeting in 2019. AFP
Saudi Crown Prince Mohammed bin Salman and US President Donald Trump during a meeting in 2019. AFP

Saudi Crown Prince Mohammed bin Salman and US President Donald Trump discussed ways for more cooperation between Riyadh and Washington and expanding their partnership.

During a phone conversation on Wednesday evening, the Crown Prince conveyed the congratulations of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and his own congratulations to the President on the occasion of his inauguration, and wished the friendly American people more progress and prosperity under Trump’s leadership.

The two leaders discussed ways for cooperation between the Kingdom and the US to promote peace, security and stability in the Middle East, in addition to enhancing bilateral cooperation to combat terrorism.

The leaders also discussed ways to enhance bilateral ties in various areas, and the Crown Prince noted the US administration’s ability to create unprecedented economic prosperity and opportunity through anticipated reforms in the United States, and that the Kingdom seeks to participate in these opportunities for partnership and investment.

The Crown Prince affirmed Saudi Arabia's intention to broaden its investments and trade with the US over the next four years, in the amount of $600 billion, and potentially beyond that.

The President expressed his appreciation and thanks to the Custodian of the Two Holy Mosques and the Crown Prince for their congratulations, and affirmed his keenness to work with the Kingdom on all that falls in the interest of both countries.