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Autumn: 3 government pacts and 14 private sector deals with Russia
The Saudi Minister of Industry and Mineral Resources confirmed that the Kingdom is seeking to strengthen economic partnership with Russia. Fourteen cooperation agreements have been signed between the private sector, along with three governmental agreements to boost economic collaboration between the two countries. This was announced on the sidelines of the Saint Petersburg International Economic Forum 2026, in which Saudi Arabia is participating as the guest of honor. The statements highlight Russian investors' interest in investing in the sectors of industry, mining, and tourism.
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