Positive indicators and ambitious aspirations for Saudi investments in Iran

World Thursday 16/March/2023 18:37 PM
By: Times News Service
Positive indicators and ambitious aspirations for Saudi investments in Iran
Saudi Arabia and Iran previously agreed to resume diplomatic relations.

Muscat: The Finance Minister of the Kingdom of Saudi Arabia (KSA) has stated that there are many opportunities for Saudi investments in the Islamic Republic of Iran, and that he does not see any obstacles as long as the terms of any agreement are respected.

Saudi Finance Minister Mohammed Al-Jadaan said Wednesday, March 15, that Saudi investments in Iran could happen very quickly after an agreement.

The Kingdom of Saudi Arabia and the Islamic Republic of Iran had agreed to resume diplomatic relations and reopen the embassies of the two countries, according to a joint statement issued in Beijing last Friday.

The Sultanate of Oman welcomed the joint tripartite statement issued by the Kingdom of Saudi Arabia, the Islamic Republic of Iran and the People's Republic of China to resume Saudi-Iranian diplomatic relations and reopen their embassies and representations within a maximum period of two months.