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Reading: BiH and the Kingdom of Saudi Arabia can significantly improve Economic Relations
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Sarajevo Times > Blog > POLITICS > BiH and the Kingdom of Saudi Arabia can significantly improve Economic Relations
POLITICS

BiH and the Kingdom of Saudi Arabia can significantly improve Economic Relations

Published: March 21, 2023
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Speaker of the House of Peoples of the Parliamentary Assembly of Bosnia and Herzegovina, Nikola Špirić, met today with the ambassador of the Kingdom of Saudi Arabia in Bosnia and Herzegovina, Osamah Alahmadi.

The interlocutors jointly assessed that bilateral relations, especially political ones, are good, but they also noted that economic relations leave a lot of room for improvement, including in the area of investments.

The two officials pointed out that Bosnia and Herzegovina records a surplus in trade with Saudi Arabia, but there are areas in which greater trade could be achieved, such as agriculture and food industry, trade in consumer goods, development of eco and medical tourism, dedicated industry and other areas.

The interlocutors agreed that it is necessary to continue improving parliamentary cooperation when the conditions are met.

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TAGGED:#bosnia#economy#meeting#politics#Saudiarabia
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