Riyadh, November 27, 2024 — In a significant diplomatic meeting today, Saudi Arabia’s Minister of Economy and Planning, Faisal Alibrahim, welcomed Matteo Renzi, Strategic Counsellor at the Tony Blair Institute for Global Change and former Prime Minister of Italy, to discuss potential areas of collaboration between Saudi Arabia and Italy.
The meeting, which took place in Riyadh, centered on exploring new opportunities for bilateral cooperation in various sectors, particularly those aligned with both nations’ economic strategies and development goals. Minister Alibrahim and Renzi engaged in productive discussions on strengthening ties between the two countries, focusing on key areas such as economic diversification, innovation, and sustainability.
The talks also touched on broader global issues, with both leaders emphasizing the importance of international partnerships and collaborative efforts to address current global challenges. The exchange reflected the growing ties between Saudi Arabia and Italy, with both countries recognizing the value of working together to foster economic growth, technological advancements, and shared prosperity.
Minister Alibrahim expressed his optimism about deepening the economic and strategic relationship with Italy, highlighting the significant progress made under Saudi Arabia’s Vision 2030 reform plan, which aims to transform the Kingdom’s economy and infrastructure. Renzi, for his part, underscored Italy’s commitment to supporting Saudi Arabia in its ambitious development initiatives and the potential for both nations to benefit from joint ventures in various industries.
This meeting is part of ongoing efforts by Saudi Arabia to strengthen its international relationships and attract global expertise in line with the Kingdom's broader vision of becoming a key player in the global economy. The collaboration with Italy, known for its strong industrial and technological sectors, represents a promising step forward in expanding the scope of bilateral ties and enhancing mutual interests in various economic and strategic areas.
Both leaders expressed their intent to continue building on the discussions, with a focus on tangible projects and initiatives that can drive innovation, sustainability, and long-term economic growth for both nations.
