JEDDAH: Saudi Foreign Minister Adel Al-Jubeir received French Ambassador Francois Gouyette in Riyadh on Monday.
During the meeting, they discussed bilateral relations and issues of mutual concern. Dr. Adel bin Siraj Mirdad, an undersecretary at the Ministry of Foreign Affairs was also present.
The two countries have a strong history of bilateral trade relations within the defense, infrastructure and aerospace sectors.
Former French Prime Minister Manuel Valls signed €10 billion worth of contracts in October 2015 in the fields of aerospace and military contracts on behalf of Airbus, transport, energy, health and food markets with French companies. France is also a major arms supplier to the Kingdom.
The Kingdom and France share longstanding economic ties, to which Saudi Vision 2030 provided an incentive to further strengthen a win-win relationship.
France is the third-biggest investor in the Kingdom, with more than $15 billion of investments, while Saudi Arabia is France’s leading commercial partner in the Gulf, with commercial flows amounting to more than $8 billion.
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