News in English     | 05.03.2021. 16:01 |

Košarac and Al-Ahmadi on the improvement of economic cooperation

FENA Press release

SARAJEVO, March 5 (FENA) - Minister of Foreign Trade and Economic Relations of BiH Staša Košarac received today in Sarajevo the Ambassador of the Kingdom of Saudi Arabia to BiH Osamah Dakhel Al-Ahmadi in an inaugural visit and discussed the improvement of economic cooperation between the two countries.

The interlocutors welcomed the good bilateral relations between BiH and Saudi Arabia and stated that there is a potential for increasing the volume of foreign trade and improving economic ties. They discussed the possibility of investing in the agriculture, tourism, energy and infrastructure sectors.

The officials pointed out that it is necessary to complete the ratification of bilateral agreements in the field of economy and promotion of investments, the implementation of which means strengthening cooperation for mutual benefit.

Minister Košarac expressed hope that bilateral cooperation between BiH and Saudi Arabia would continue during the mandate of the newly appointed Ambassador Al-Ahmadi, whom he wished success in the diplomatic mission, the BiH Ministry of Foreign Trade and Economic Relations said.

(FENA) A. B.

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