Riyadh – Sharikat Mubasher: an unidentified source with Knowledge within The Federation of Saudi Chambers said that a delegate of 40 Ukrainian companies arrived in Saudi Arabia to explore opportunities of investment inside the Saudi Market.

The source told Al Arabiya that the Ukrainian delegate is supposed to partake in a meeting of Ukrainian-Saudi Business Council, organized by The Federation of Saudi Chambers at its headquarters in Riyadh city with participation of a number of top-notch Saudi Businessmen.

The Ukrainian delegate represents multiple key sectors in the economic cooperation agenda between the two countries. These sectors include agriculture, the food industry, real estate development, information technology, and tourism.

Notably, the volume of trade exchange between Saudi Arabia and Ukraine shrank by 32% in 2022 to register $428 million compared to a year earlier due to the Russian-Ukrainian war.