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Enhancing Investment Links Between New Zealand and Saudi Arabia for Mutual Growth

Minister Todd McClay met with Saudi Arabia’s Minister of Investment to enhance investment ties between the two countries, leveraging Saudi Arabia’s Vision 2030 reform agenda. The meeting follows the New Zealand-Gulf Cooperation Council Free Trade Agreement and aims to boost trade and investment cooperation, focusing on key growth sectors like renewable energy and tourism. Both ministers agreed to establish a Cooperation Framework Agreement to facilitate investment opportunities and strengthen collaboration between the two countries.