Saudi Arabia & Greece ink joint cooperation deal on maritime transport

By Shilpa Annie Joseph, Official Reporter
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The Kingdom of Saudi Arabia and Greece have entered into a joint cooperation agreement in the field of maritime transport.

According to the statement, the deal was signed by the Saudi Minister of Transport and Logistics Services and Chairman of the Public Transport Authority Mr. Saleh Al-Jasser, and Greek Minister of Maritime Affairs and Island Policy Mr. Ioannis Plakiotakis.

Further, the agreement was signed in the presence of the President of the Public Transport Authority, Dr. Rumaih Bin Mohammed Al-Rumaih, and a number of transport sector officials from the two countries.

The agreement intends to deepen strategic connections between Saudi Arabia and Greece as well as offer new horizons for collaboration in a variety of industries, particularly maritime transport, which is one of the world’s cornerstones of economic development.

Furthermore, it includes developing commercial maritime navigation, increasing traffic of commercial ships to transport passengers and goods, as well as supporting trade exchange, and facilitating the requirements and procedures for accessing the ports of both countries.

The agreement also aims to improve the flow of experience and technologies in this field between companies, institutions, and maritime organizations.

Mr. Al-Jasser said, “The agreement aims to provide facilities to maritime transport companies, their ships, and crews, and will mutual recognize the documents of ships and seafarers of both countries.”

“It will develop joint investment opportunities in the field of maritime transport and logistics services to achieve strategic goals and diversify the sources of income for the total output of both countries’ economic sectors,” he further added.

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