MFA hopes for further growth of Saudi investments in promising sectors of Ukraine's economy

As the Ministry’s press service reports, Deputy Minister of Foreign Affairs of Ukraine (CDTO) Dmytro Senik met with Ambassador of the Kingdom of Saudi Arabia to Ukraine Mohammed Al-Mashar on Tuesday, October 19.

The diplomats discussed the intensification of high-level bilateral political contacts, including the preparation for a regular meeting of the Intergovernmental Ukraine–Saudi Arabia Commission on Trade, Economic, and Scientific-Technical Cooperation.

Senik praised the growth of trade between Ukraine and Saudi Arabia, the unprecedented increase in tourist flow facilitated by the visa liberalization and the launch of direct flights between the two countries in 2021.

The parties also exchanged views on regional security on the Arabian Peninsula.

According to the State Border Guard Service of Ukraine, about 30,000 Saudi tourists visited Ukraine in May-July 2021, showing an eight-fold increase compared to the same period in 2019.

In October 2020, Ukraine and Saudi Arabia resumed the practice of holding political consultations between the ministries of foreign affairs after more than a 10-year break.

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