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Saudi Minister of Investment Eng. Khalid Al-Falih and Argentinian Minister of Foreign Affairs International Trade and Worship Santiago Andres Cafiero have signed a memorandum of understanding concerning cooperation to encourage direct investment between Saudi Arabia and Argentina. The memorandum was reached during the Saudi delegation's visit to Latin American countries. The ministers held a meeting in the attendance of several representatives from the private sector and Saudi and Argentinian companies.
Eng. Al-Falih and Cafiero discussed strengthening relations and boosting investment through private sector companies, stressing the need to boost investment in the two countries through important projects in vital sectors.