"Today, only money transfers complicate the process, but despite this, trade has grown to $3 billion since 2020. We hope that in the future, trade between Russia and Saudi Arabia will increase to $10 billion," Al Qahtani said on the sidelines of the St. Petersburg International Economic Forum (SPIEF).
The increase could occur through trade in natural resources, cooperation in industrial production, and the tourism sector, he added.
On Wednesday, a meeting of the Russian-Saudi Business Council was held in St. Petersburg as part of the forum.
The 2026 SPIEF is taking place on June 3-6. Sputnik is the general information partner of the forum.
The increase could occur through trade in natural resources, cooperation in industrial production, and the tourism sector, he added.
On Wednesday, a meeting of the Russian-Saudi Business Council was held in St. Petersburg as part of the forum.
The 2026 SPIEF is taking place on June 3-6. Sputnik is the general information partner of the forum.
