The Federation of Saudi Chambers of Commerce (FSCC) and the Cyprus Chamber of Commerce and Industry (CCCI) signed a cooperation agreement to establish a Saudi-Cypriot Business Council in order to facilitate trade between the Kingdom of Saudi Arabia and Cyprus and to increase the volume of commercial and investment cooperation between them.
Acting FSC Secretary General Hussein Al-Abdulqader and CCCI Secretary General Marios Tsiakkis signed the agreement. A key focus of the council will be the development of qualitative fields for economic cooperation, facilitating business interactions between the Saudi and Cyprus sectors, overcoming obstacles and challenges, facilitating information exchange between the two economies, and empowering commercial and investment partnerships.