Saudi Arabia, Serbia and Bosnia and Herzegovina formed a joint trilateral committee for carrying out and monitoring activities related to increasing the trade and realization of Saudi investments in Serbia and B&H on Sunday, January 29, 2017 in Riyadh.
The committee was formed after a meeting of Minister of Trade, Tourism and Telecommunications of Serbia Rasim Ljajic and Minister of Foreign Trade and Economic Relations of B&H Mirko Sarovic with Minister of Commerce and Investment of Saudi Arabia Majid bin Abdullah Al Qasabi.
Ljajic and Sarovic, who are heading the two countries' delegation on a two-day joint visit to Saudi Arabia, met with Saudi Prince Sultan bin Salman bin Abdulaziz Al Saud, reported the competent Serbian ministry.
The report also says that a visit of tourist operators from Serbia and B&H was agreed for April 2017 with Prince Al Saudi, who is also the president of the Saudi Commission for Tourism & National Heritage. The two countries' tourist offer for the Saudi market will be presented during the visit.
During the meeting with Minister of Agriculture, Water and Environment Abdulrahman bin Abdulmohsen Al Fadhli, the organization of a joint exhibit in Riyadh was agreed, where agricultural and food products and potentials of Serbia and B&H will be presented.
Minister of Housing Majed bin Abdullah Al Hogail invited construction companies from Serbia and B&H to take part in tenders in Saudi Arabia, as the construction of more than 1.5 million housing units is expected in the next seven years.