Riyadh – Sharikat Mubasher: A Russian delegation consisting of 15 companies participated in multiple meetings at the Riyadh Chamber of Commerce that focused on exploring opportunities to enhance relations with Saudi companies in the fields of food industries and construction materials.

Alexey Busev, Chairman of the Russia-GCC Commission of the Moscow Chamber of Commerce and Industry, told Asharq Business that the participating Russian companies showed interest in expanding in the Gulf area and exploring ways of cooperation in Saudi Arabia aiming not only to export their products but also start manufacturing within the Kingdom.

Busev clarified that companies from the two sides had already entered negotiations to establish partnerships and ink some exporting contracts.

He pointed out to the growing ties between Russia and the Kingdom within the last decade, which shall enhance the growth of investment and commercial exchange between the two states.