Deputy Minister of Economy and Industry Nikolay Pavlov met with the Deputy Minister of Economy and Planning of the Kingdom of Saudi Arabia H.E. Albara Alaskandarani. The meeting took place within the framework of the third edition of the Future Mineral Forum 2024 in Riyadh.
The main focus of the talks between the two Deputy Ministers was the organization of the first session of the Joint Committee for Economic Cooperation between the Republic of Bulgaria and the Kingdom of Saudi Arabia. The agreement, creating the necessary legal framework for the establishment of a joint committee between the two countries, was signed on 1 March 2023 in Sofia.
Deputy Minister Pavlov expressed the desire of the Bulgarian side for the first session of the Joint Committee to be held in Sofia in the beginning of the third quarter of 2024, accompanied by a large-scale bilateral business forum. Targets and performance indicators have been set between the two parties and will be monitored on a monthly basis.