The Ministry of Investment has concluded mutual encouragement and protection agreements for investment with target countries to attract their investments to the Kingdom
Date of Publication
2022-03-29
Circular number
207
Subject of Circular
The Ministry of Investment has concluded mutual encouragement and protection agreements for investment with target countries to attract their investments to the Kingdom

Content

Gentlemen/members of Najran Chamber,
Peace, mercy and blessings of God,,,

 

Reference to the letter of the Federation of Saudi Chambers No. (43503554) dated (10/8/1443 AH), which refers to the telegram of the Ministry of Investment No. (2914) dated 27/7/1443 AH, which indicated that the Ministry is working on negotiating and concluding agreements for encouragement and mutual protection of investment. With targeted countries, to attract investments to the Kingdom, as well as protect and facilitate Saudi investments abroad, it is also working to continuously update the priorities of negotiation to conclude this agreement in accordance with technical standards, the most important of which are: the directives of Saudi companies regarding expanding their investments in the countries of the world, and the items that must be included in the agreement to help companies expand investment and protection.

 

We shall inform you of this for information and briefing, and we hope that you will express your views on this in the attached form and send it to the following e-mail: ( malrashed@fsc.org.sa). For more information, you can contact Mr. Mashari bin Ibrahim Al-Rashed, Executive Director of the Business Affairs Department, at (0112182195).

And accept our regards,,,