"We see great opportunities in industry and mining, where the two countries can complement each other and learn from each other's experience," the minister stated after a meeting with several representatives of the Indonesian government at the Saudi Arabian Ambassador's Residence, here on Wednesday.
The remarks came amid his visit to Jakarta on April 15-17, during which he participated in several meetings to discuss cooperation in the industrial and mining sectors between the two countries.
In addition to intensifying cooperation in the industrial and mining sectors, Al-Khorayef expressed hope to jointly develop supply chains to access new markets, especially in the Middle East and Africa.
He also remarked that expanding cooperation aims to increase the trade value between the two countries, which was still considered relatively low.
"I think it is considered to be low, especially when we look at the relations between the two countries, the great trust, and opportunities," he stated.
"And I think it is about time now that we focus, and this is what we agreed on, is to really focus on where the areas are where we can see opportunities to export from Saudi to Indonesia," he noted.
On the other hand, he also expressed hope that more Indonesian products would be exported to Saudi Arabia.
Al-Khorayef also emphasized the importance of looking at investment opportunities in both countries.
"And we see great potential to work together for joint investments in both countries and maybe outside," the minister affirmed.
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Translator: Katriana
Editor: Primayanti
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