Saudi Arabia, Thailand sign commercial agreements worth more than $85.33mln

RIYADH — Saudi Arabia has signed commercial agreements with Thailand worth more than SR320 million.

The agreements were signed at the Saudi-Thai Business Forum, which was held Monday in Riyadh and witnessed agreements in various fields.

The Secretary-General of the Federation of Saudi Chambers Hussein Al-Abdulqader stated that the forum would witness an agreement to establish the Saudi-Thai Business Council.

The establishment of the Saudi-Thai Business Council will enhance trade exchange and open up investment opportunities between the two countries.

Al-Abdulqader stated during an interview with Al-Ekhbariya that there would be several agreements signed at the forum, as well as bilateral meetings between Saudi and Thai businessmen to enrich investment between the two nations.

The Saudi-Thai Business forum, which is organized by the Federation of Saudi Chambers, would also witness the signing of an agreement related to tourism and establishing rural hotels in the Kingdom.

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