Saudi-Canadian Business Council Launches First Office in Toronto to Boost Economic Cooperation

KSA, 07 October, 2024 : The Federation of Saudi Chambers, through the Saudi-Canadian Business Council, has opened its first office in Toronto, Canada. This milestone, announced during a roundtable event with ministers, officials, and investors from both countries, marks a significant step in advancing Saudi-Canadian economic cooperation.

The new office aims to boost awareness of investment opportunities, foster partnerships, and remove obstacles for investors. It will serve as a bridge between Saudi and Canadian companies, organizing business events, exhibitions, and facilitating trade and investment services.

This initiative is expected to enhance trade relations, with bilateral trade between Saudi Arabia and Canada reaching SR12 billion in 2023 and anticipated to grow in the coming years.

Source : www.saudigazette.com.sa