Riyadh, January 30, 2024,Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud, led the Cabinet session held in Riyadh today. The Cabinet received updates on recent diplomatic discussions involving the Kingdom, including a message from His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, the Crown Prince and Prime Minister, regarding ties with Costa Rica and avenues for their enhancement.
Addressing both regional and international developments, the Cabinet underscored the imperative for the global community to take decisive steps to secure a ceasefire in the Gaza Strip. Additionally, it emphasized the need to ensure the safety of the Palestinian people while holding the Israeli occupation forces accountable for their consistent breaches of international law and humanitarian principles.
Reiterating the Kingdom's commitment to peace and support for initiatives fostering regional security, the Cabinet also explored strategies to develop key sectors aligning with the Vision 2030 objectives. Minister of Media, Salman bin Yousef Al-Dosari, stated that a focus was placed on bolstering the Kingdom's global leadership and advancing the National Biotechnology Strategy. This strategy aims to strengthen healthcare, enhance quality of life, safeguard the environment, achieve food and water security, optimize economic opportunities, and promote local manufacturing.
In its commitment to housing and real estate sector development, the Cabinet expressed support for the ambitious vision presented at the Real Estate Future Forum, which garnered global attention and showcased numerous agreements, indicating a promising future for the sector in line with national goals.
Among the decisions made during the session, notable approvals included the regulation of the Supreme Space Council, authorization for energy-related cooperation with China, and the endorsement of memoranda of understanding with Portugal, China, Hong Kong, and Latvia. Furthermore, the Cabinet approved the Kingdom's joining of the International Transport Forum and an economic cooperation agreement with Latvia. It also granted authorizations for talks and agreements related to tax information exchange with various countries, demonstrating the Kingdom's commitment to international collaboration across diverse sectors.
