Home Azerbaijan Dushanbe and Riyadh intend to set up Joint Direct Investment Fund and Business Council

Dushanbe and Riyadh intend to set up Joint Direct Investment Fund and Business Council

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BAKU(Ali Mustafayev):Tajikistan and Saudi Arabia intend to create a joint fund of direct investment and business council, the Ministry of Foreign Affairs of Tajikistan said in press statement.

The intention to create the relevant structures was announced at the second meeting of the Tajik-Saudi intergovernmental commission on trade, economic and scientific and technical cooperation, held in Riyadh.

According to the press statement,”The sides stressed the need to make wide use of the enormous potential existing between the two countries, with further creation of a joint fund of direct investments and a business council.”

The corresponding protocol was signed on a basis of the joint commission’s work.

Previously, investors of the two countries participated in two representative business forums, held in Riyadh and Jeddah on April 2 and 3.

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