Singapore— Saudi Arabia and Singapore have pledged to enhance economic cooperation between the two countries and also reviewed the challenges facing the global economy.
In this connection Saudi Minister of Finance Mohammed Aljadaan met in Singapore with Deputy Prime Minister and Minister of Finance of Singapore, Lawrence Wong.
According to Saudi Press Agency (SPA), the two sides discussed economic cooperation between the two nations and ways to enhance them.
They also reviewed the key challenges facing the global economy, the progression of Saudi Vision 2030 and its most important programs, as well as green financing.
Aljadaan also met with a number of private sector institutions and Singaporean government agencies, whose officials reviewed opportunities for bilateral cooperation and development of the financial sector, to serve the economies of both countries.
More than a year ago, the two countries discussed aspects of cooperation between the two countries in the digital economy, in addition to reviewing the Saudi Ministry’s strategic policies seeking to empower the Kingdom digitally.Â
In his meeting with the visiting Minister of Manpower and the Second Minister of Commerce and Industry of the Republic of Singapore, Dr. Tan Si Ling, Saudi Minister of Communications and Information Technology, Eng. Abdullah bin Amer Al-Sawaha also discussed raising the level of services and electronic platforms and developing digital skills as well as raising the participation of the private sector and entrepreneurs in implementing digital transformation projects in order to build a digital community and a digital government.
The Kingdom and Singapore seek to activate the partnership by signing a memorandum of understanding for digital cooperation with the aim of improving bilateral relations in the field of communications, information technology and the digital economy, and enhancing their position and leadership at the regional and global levels.