Saudi investment is possible in Iran, minister says
Saudi Minister of Finance Mohammed al-Jadaan said on Wednesday that investment opportunities in Iran are possible as long as there is a “goodwill,” Alarabiya reported.
Saudi investment is possible in Iran, minister says
The Economics of Geography

Saudi investment is possible in Iran, minister says

Saudi Finance Minister Mohammed Al-Jadaan (Photo: AFP/Fayez Nureldine)
Eurasia 21/03/2023 10:00

Saudi Minister of Finance Mohammed al-Jadaan said on Wednesday that investment opportunities in Iran are possible as long as there is a “goodwill,” Alarabiya reported.

Al-Jadaan’s comments during the second edition of the Financial Sector Conference in Riyadh came days after Saudi Arabia and Iran agreed on restoring diplomatic ties through a Chinese mediation, the news site added. The minister said that he doesn’t “see impediments” to normalizing ties reaching possible future investment opportunities as long as there is commitment to the agreement and sovereignty is respected.
Tehran, Iran's capital (Photo: iStock)
Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan said earlier this week that the agreement with Iran to restore diplomatic ties confirms the mutual desire “to resolve differences through communication and dialogue,” but stressed that it doesn’t translate to “resolving all the differences between the two countries,” Alarabiya recalls. “I think there a lot of opportunities in Iran and we [can] provide a lot of opportunities for them as long as goodwill continues,” al-Jadaan said.

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