Riyadh Invites Russia To Sign Agreement On Mutual Investment Protection - Energy Minister

Riyadh Invites Russia to Sign Agreement on Mutual Investment Protection - Energy Minister

Saudi Arabia has invited Russia to sign an agreement on mutual protection of investments, Saudi Energy Minister Khalid Falih said Monday

MOSCOW (Pakistan Point News / Sputnik - 10th June, 2019) Saudi Arabia has invited Russia to sign an agreement on mutual protection of investments, Saudi Energy Minister Khalid Falih said Monday.

"Saudi Arabia has proposed to sign an agreement on investment protection," Falih said at the sixth session of Russia-Saudi Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation, of which he is a co-chair.

Riyadh is studying opportunities to invest in Russia's agriculture, according to Falih.

"We are estimating and looking into possibly investing in the Russian agriculture, breeding cattle," Falih said.