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Industry and Mining Ties: Saudi Arabia and Peru Forge New Paths

Industry and Mining Ties: Saudi Arabia and Peru Forge New Paths

Officials discuss economic collaboration, mining investment, and sector growth strategies in Riyadh talks.

by Huda Marshad
May 5, 2025
in Industry
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Senior officials from Saudi Arabia and Peru met in Riyadh to strengthen ties and explore new opportunities in industry and mining. His Highness Prince Faisal bin Farhan, Saudi Minister of Foreign Affairs, and His Excellency Bandar Alkhorayef, Minister of Industry and Mineral Resources, welcomed Peruvian Minister of Foreign Affairs Elmer Schialer and Minister of Energy and Mines Jorge Montero Cornejo.

Talks centered on expanding cooperation across various sectors and addressing shared international concerns. Special attention was given to the industrial and mining sectors, with both sides discussing mining exploration, strategic minerals, and investment opportunities throughout the mining value chain.

The meeting also highlighted Saudi Arabia’s national strategies for mining and industry, emphasizing incentives for investors and potential in sectors like food production. His Excellency Bandar Alkhorayef invited the Peruvian ministers to the Future Minerals Forum in Riyadh, set for January 2026, a major event for global industry leaders in mining and metals.

In summary, the discussions underscored a mutual commitment to advancing economic collaboration, especially in sustainable industry and mining development.

Tags: industrial collaborationInvestment OpportunitiesMining CooperationPeruSaudi Arabia
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