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Sheryll Mericido

Saudi delegation enhances economic ties during successful Singapore visit

Singapore, September 27, 2023, "In an effort to bolster their economic ties and trade relations, a Saudi Arabian delegation led by Minister of Commerce Majid bin Abdullah Al-Qasabi has successfully concluded a productive three-day visit to the Republic of Singapore.


During the visit, Minister Al-Qasabi engaged in a series of high-level meetings with key Singaporean ministers, including Minister for Education Chan Chun Sing, Minister for Trade and Industry Gan Kim Yong, Minister for Manpower and Second Minister for Trade and Industry Tan See Leng, and Minister of Social and Family Development Masagos Zulkifli. These ministerial discussions were aimed at strengthening the economic partnership and trade exchange between the two nations.


Comprising 36 officials, the Saudi delegation also embarked on informative visits to strategic institutions such as the Asia Competitiveness Institute and the impressive Tuas Port, recognized as the world's largest fully automated port. During these visits, they engaged in meaningful dialogues with Singaporean companies, with a particular emphasis on fostering collaboration within the services sector.


In a notable highlight of the visit, members of the Saudi delegation actively participated in the Saudi-Singapore Business Forum, a significant event that was co-organized by the Federation of Saudi Chambers and the Singapore Business Federation. This forum served as a platform for discussions and networking opportunities, further reinforcing the economic bonds between these two friendly nations.


The successful culmination of this three-day visit marks an important milestone in the ongoing efforts of Saudi Arabia and Singapore to strengthen their economic ties and deepen their bilateral relations. With the exchange of ideas, experiences, and collaborative ventures, both countries are poised to reap the benefits of this enhanced partnership in the days to come."


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