Riyadh, July 31, 2023, Today, it has been reported that the Minister of Investment, Eng. Khalid Al-Falih, will be leading a distinguished delegation consisting of various government agencies, national companies, and private sector representatives on an official tour of seven Latin American nations. This tour is scheduled to take place from July 31 to August 9, 2023. In an official report, it has been announced that the Saudi delegation is set to embark on a tour, visiting several countries in the Americas. The tour will include stops in the Federative Republic of Brazil, the Republic of Chile, the Republic of Costa Rica, the Republic of Argentina, the Republic of Panama, the Republic of Paraguay, and the Republic of Uruguay. In an effort to bolster investment ties and evaluate the current strategic alliance between the Kingdom of Saudi Arabia and Latin American nations, a tour has been organized. The primary objective of this tour is to shed light on the abundant and groundbreaking opportunities that the Kingdom offers across various sectors. Eng. Al-Falih, the esteemed engineer, is poised to inaugurate the highly anticipated Brazilian-Saudi Investment Forum in Brazil tomorrow, on Monday. This momentous occasion will witness the gathering of distinguished officials from both nations, further solidifying the bilateral ties between Brazil and Saudi Arabia. Several high-ranking officials, CEOs of prominent companies, and representatives from the private sector of both countries are set to convene at the forum. The primary objective of this gathering is to bolster investment relations across various industries. The upcoming forum is set to thoroughly examine the investment opportunities and business environment in both the Kingdom of Saudi Arabia and the Federative Republic of Brazil. The upcoming event will feature engaging discussion sessions covering a wide range of topics, with the primary objective of bolstering investment relations in key areas of mutual concern. These areas of common interest encompass diverse sectors such as mining, food processing, agriculture, transport and logistics, health care, entertainment, pharmaceuticals, and biotechnology. In addition, the upcoming forum will shed light on the potential for collaboration between investors from both nations. The event will witness the active involvement of government officials, private sector representatives, and prominent Saudi and Brazilian corporations. As the Minister of Investment embarks on his tour of the six Latin American countries, he and his delegation are set to engage in a series of meetings and roundtables with various companies. The primary objective of these interactions is to delve into potential avenues for bolstering and enhancing investment partnerships. The tour is a continuation of previous visits arranged by the Ministry of Investment to several Caribbean, Latin, and South American nations. The objective is to strengthen investment ties with the region, reflecting the Kingdom's commitment to establishing communication channels with countries across the globe.