Ukrainian Foreign Minister Dmytro Kuleba, in a telephone conversation with Saudi Arabian Foreign Minister Prince Faisal bin Farhan Al Saud, invited a delegation of Saudi business representatives to visit Ukraine and assess the country’s investment opportunities.
“Dmytro Kuleba invited a delegation of Saudi investors and company leaders to visit our state to assess investment opportunities for doing business and the possibility of participating in a large privatization program. The Minister expressed hope that trade issues will be successfully considered in October at the next meeting of the Intergovernmental Ukrainian-Saudi Commission on economic and scientific-technical cooperation in Riyadh,” the press service of the Ministry of Foreign Affairs of Ukraine reports.
Kuleba himself said that Saudi investments are already working successfully in Ukraine.
“We will welcome their increase. Ukraine is a country of new economic opportunities, especially in the fields of energy, IT, infrastructure, healthcare, agricultural and industrial sectors,” the minister said.
The parties noted the positive dynamics of bilateral relations since their previous conversation in the past, including the holding of the first in eleven years of political consultations between the foreign ministries, and also agreed to continue to maintain a high rate of development of relations between Ukraine and Saudi Arabia.
Kuleba noted a significant increase in the number of tourists from Saudi Arabia in Ukraine, which became possible due to the abolition of visa requirements by Ukraine and the opening of direct flights. The Minister expressed hope that next year the number of Saudi guests will increase further, which should be facilitated, in particular, by the granting of additional permits to Ukrainian carriers for regular flights to Saudi Arabia.
Prince Faisal bin Farhan Al Saud, in turn, expressed gratitude for the warm welcome of his compatriots, which strengthens friendly ties between the two countries. He also noted strong trade ties and expressed his conviction that the two countries have great potential for the development of trade and investment.
The parties expressed their readiness to work on the preparation of high-level visits. The Saudi Minister accepted the invitation to visit Ukraine and invited his Ukrainian counterpart to pay a visit to Saudi Arabia.
