Riyadh, December 31, 2024 – Minister of Economy and Planning Faisal Alibrahim hosted a significant meeting today with Canadian Ambassador to Saudi Arabia, Jean-Philippe Linteau, at the Ministry’s headquarters in Riyadh. The discussions centered around ways to further enhance the economic relations between Saudi Arabia and Canada, reflecting both countries’ commitment to deepening bilateral ties across various sectors.
The meeting provided an opportunity for both sides to explore a wide range of topics of mutual interest, including trade, investment, and economic collaboration. Minister Alibrahim emphasized the importance of strengthening economic partnerships with international allies, particularly with Canada, a country that holds significant potential for cooperation in areas such as energy, technology, agriculture, and infrastructure.
Ambassador Linteau highlighted Canada's enthusiasm for expanding its engagement with Saudi Arabia, noting the shared goals of economic diversification and sustainable development. He stressed that both nations have a lot to offer one another, especially in the context of Saudi Arabia’s Vision 2030, which aims to diversify the economy and foster innovation, sectors in which Canadian expertise could be particularly valuable.
Throughout the discussions, both the Minister and the Ambassador acknowledged the robust diplomatic and commercial ties between the two countries and agreed on the importance of further collaboration to unlock new opportunities for growth. They explored potential areas for joint ventures, exchange of knowledge, and investment in key sectors that align with the strategic interests of both nations.
The meeting also underscored the mutual commitment to promoting economic stability and fostering partnerships that would benefit the people of both Saudi Arabia and Canada. With Saudi Arabia’s Vision 2030 goals aligning with Canada's strengths in innovation, sustainability, and high-tech industries, the two nations are poised to build a future of shared prosperity.
This meeting forms part of a broader effort by Saudi Arabia’s Ministry of Economy and Planning to build stronger economic ties with global partners, supporting the Kingdom’s ambitious economic diversification agenda. The engagement with Canada marks a continued focus on expanding the Kingdom’s international partnerships, driving growth, and positioning Saudi Arabia as a global hub for trade and investment.
