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Saudi Arabia and Canada Commit to Building a Strong, Future-Oriented Partnership
Saudi Arabia and Canada have reaffirmed their commitment to developing their partnership and strengthening cooperation across various sectors, in line with Saudi Arabia's Vision 2030 and Canada's Growth Agenda. They agreed to establish a Coordination Council aimed at achieving tangible results in the fields of politics, security, economy, investment, and culture. The two sides also focused on enhancing economic and trade relations, noting that bilateral trade exceeded $20 billion since 2020, and discussed promoting mutual investments and negotiating tax and investment agreements. Furthermore, the statement elaborated on collaboration in energy, mining, defense, and innovation, emphasizing opportunities to develop projects in clean energy, mineral resources, cybersecurity, and technology. Regarding regional security, both parties condemned Iran's attacks on international ships in the Strait of Hormuz and underscored the importance of restoring safe navigation. They also reaffirmed their support for a two-state solution in Palestine and committed to peace efforts in Yemen and Sudan.
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