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New Zealand and Saudi Arabia forged five deals worth over $100 million, boosting trade in food, agri-tech, healthcare, and creative sectors.
New Zealand and Saudi Arabia have strengthened economic ties through a Trade and Investment mission in Riyadh, resulting in five new commercial partnerships expected to generate over $100 million in value for New Zealand.
The agreements span food and beverage, animal management, agri-tech, healthcare, and the creative industries, supporting Saudi Arabia’s Vision 2030 and New Zealand’s goal to double export values by 2030.
Both nations agreed to establish a Cooperation Framework Agreement between their investment agencies to enhance collaboration and streamline investment processes.
The efforts aim to create jobs, boost regional economies, and deepen trade relations between the two countries.
Nueva Zelanda y Arabia Saudita forjaron cinco acuerdos por valor de más de 100 millones de dólares, impulsando el comercio en alimentos, tecnología agrícola, atención médica y sectores creativos.