According to a report, the seminar “Iran-Saudi Economic Cooperation, Private Sector Perspective” was held at the Tehran Chamber of Commerce.
During this seminar, Faryal Mostofi, head of the Investment Services Center of the Chamber of Commerce, said that diplomatic coordination is underway in the two countries and said: "The economy of Arabia has an economy of state like that of Iran".
But this country is trying to reduce its dependence on oil sales and increase the share of the private sector in the economy.
Referring to Bin Salman's efforts to become a development-oriented government, he said: Saudi Arabia has introduced new tools and markets to strengthen international trade and export business.
According to Mustafi, Arabia has attracted $103 billion in foreign investment and in 2022 it has made about $20 billion in domestic investment.
A member of the Tehran Chamber of Commerce delegation estimated the number of Saudi investments outside the country at $20 billion and added: "Saudi is concentrated in areas such as transport, logistics, renewable energies and the production of electric cars".
Emphasizing that Iran and Saudi can have good cooperation with each other, he added: Saudi pays special attention to the mining and mineral industries sector and ranks 21st in the production of iron and steel, but it is seeking to increase its production and improve its position in this sector.
This country has 48 minerals, the approximate value of minerals in Saudi Arabia is 27.3 trillion.
Referring to the establishment of friendly relations between Saudi Arabia and China, he said: Our proposal is to create an economic union in the region like the European Union, which can be the best option for a stable peace and a different future for the two countries. .
This economic activist continues: In Iran, we have downstream experiences in oil and gas, technical and engineering services, agriculture, etc.
Today's event is the first program between Iran and Saudi Arabia, which will help to understand the economy of Saudi Arabia.
In the end, he informed about the dispatch of a business delegation to Saudi Arabia and noted: We will form a think tank to develop relations with Saudi Arabia and we have prepared the first phase of the worksheet. road, which we will reveal soon.