Serbia, Saudi Arabia to set up business council

BELGRADE - Chamber of Commerce and Industry of Serbia (PKS) President Marko Cadez and Council of Saudi Chambers Chairperson Hasan Al-Huwaizi signed on Monday an agreement on setting up a Serbian-Saudi Business Council to boost bilateral economic cooperation.

"There is great interest among Serbian companies in cooperation with partners from the Kingdom of Saudi Arabia. For that reason, the PKS will initiate the opening of a PKS representative office and a Western Balkans chamber in Saudi Arabia and, as early as in the coming period, we will also host B2B meetings between Saudi businesspeople and businesspeople from Serbia and the region," Cadez announced.

A period of intensive cooperation is ahead of the economies of the two countries, Cadez said, adding that, with support from the PKS and the Serbian Development Agency, Serbian companies would be exhibiting at the...