Cooperation: Italy and Saudi Arabia meet to discuss economics
Rome - Italy and Saudi Arabia meet to discuss economics: the Business Forum and the Rome-Riyadh Joint Economic Committee met today at the presence of the Minister of Foreign Affairs and International Cooperation, Angelino Alfano, and of the Undersecretary of State, Vincenzo Amendola.
The Business Forum, which opened with remarks by Minister Alfano, aims to present the opportunities and prospects of boosting Italy's presence in the Middle Eastern Country, also in the light of the implementation of the Saudi Vision 2030 programme adopted by the Government of Riyadh in April 2016.
It is a bulky economic plan that includes structural reforms, privatizations and interventions mainly targeting the primary and service sectors: from energy, to transport, education, health, water resources and the management of basic services and public housing. The Forum was attended by numerous members of the Government of the Saudi Kingdom and of local firms.
In parallel, the Bilateral Committee meeting was structured into six panels to discuss the points on the agenda: trade, international investments and finance, energy, mineral resources and industry, infrastructure and transport, education, science and technology, agro-food, culture, art and tourism. At the end of the meeting, Undersecretary Amendola and the Saudi Minister of State Madani signed a conclusive document.