Iran has agreed with Saudi Arabia on cooperation

16 May 2023

Following the results of the Islamic Financial Forum held in Jeddah, good agreements were reached with the Islamic Development Bank and it was decided to accelerate the implementation of construction and investment projects that had been postponed for several years. This, as reported by Iranian agencies, was stated by the Minister of Economy and Finance of Iran Ehsan Khan d Uzi.

He also noted that Iran’s presence at this forum was “warmly welcomed by the Saudi side.” Both sides have made investment proposals. It was decided to complete them during subsequent events.