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Following Wednesday’s meeting of Georgian Prime Minister Irakli Gharibashvili with Mohammed bin Salman Al Saud, Saudi Arabia’s Crown Prince and Prime Minister, at Al-Yamamah Palace in Riyadh, the sides highlighted distinguished bilateral relations and plans to further strengthen ties in a number of sectors.
In the fields of economy, trade and investment, the two sides stressed the importance of enhancing economic and commercial cooperation between them by diversifying intra-trade and raising the level of mutual and joint investments, seizing the opportunities for integration and investment provided by the Kingdom’s Vision 2030, and the development priorities in Georgia in various sectors such as renewable energy, agriculture, manufacturing, tourism, transportation and other vital sectors.
The two sides also noted the pivotal role played by the private sector in increasing the pace of economic cooperation between the two countries. The two sides highlighted the importance of suitable investment conditions for the private sector of the two countries, intensifying mutual visits, holding investment and business forums periodically, and called on entrepreneurs from both sides to take advantage of the investment opportunities available in the two countries and transform them into tangible partnerships. The two sides agreed to form the joint Saudi-Georgian Business Council.
Regarding climate change, the Georgian side welcomed the Kingdom’s launch of the “Saudi Green” and “Middle East Green” initiatives, and expressed its support for the Kingdom’s efforts in the field of climate change, through the implementation of the Circular Carbon Economy approach, which was launched by the Kingdom and endorsed by the leaders of the G20. Moreover, the two sides stressed the importance of the principles of the Framework Convention on Climate Change and the Paris Agreement, and the need to develop and implement climate agreements by focusing on emissions rather than sources.
Regarding Yemeni issue, the two sides affirmed their full support for the UN efforts exerted to reach a comprehensive political solution to the Yemeni crisis. The Georgian side praised the Kingdom’s initiative to end the war in Yemen, and its efforts and initiatives aimed at encouraging dialogue between Yemeni parties. The Georgian side valued the Kingdom’s humanitarian, relief and development aid provided to the Yemeni people through King Salman Humanitarian Aid and Relief Centre and the Saudi Development and Reconstruction Program for Yemen.
At the conclusion of the visit, the Prime Minister of Georgia, Irakli Gharibashvili, expressed his gratitude and appreciation to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, for the kind reception and hospitality he and his accompanying delegation received. His Highness also expressed his best wishes of health and happiness to Georgia, as well as for further progress and prosperity for the friendly people of Georgia.
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