Signature of an agreement on the Promotion and Protection of Investments between Mauritania and the Kingdom of Saudi Arabia

The Director General of APIM, Mrs Aïssata Lam, participated in the Saudi-Arab-African Economic Conference, held on November 9, in Riyadh, Saudi Arabia. The objective was to strengthen the partnership between Saudi Arabia, Arab and African countries, to promote inclusive and sustainable economic growth in Africa.

An Important agreement essentially relating to the reciprocal protection of investments was signed on the sidelines of this conference by the Minister of Finance, H.E.M. Isselmou Ould Mohamed M’Bady, and the Saudi Minister of Investment, H.E. Mr. Khaled Ben Abdel Aziz El Falih .

This agreement represents an important step in strengthening business ties between our two countries 🫱🏼‍🫲🏽 and exploring new investment opportunities.

The DG of APIM also met with the leaders of Saudi public companies interested in Mauritania, such as ACWA Power, SABIC, National Aquaculture Group, among others.

A delegation led by the Saudi Minister is expected in Nouakchott next month to deepen these discussions.


Leave A Comment