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Saudi Fund for Development inks MoUs with Haiti and Jamaica

November 20, 2023 00:00:00


RIYADH, Nov 19 (Arab News): Saudi Arabia has strengthened its partnership with Caribbean nations, as the Kingdom extended its support to the development of Haiti and Jamaica.

On Nov. 17, the CEO of the Saudi Fund for Development, Sultan Al-Marshad, signed memorandums of understanding with Haitian Prime Minister Ariel Henry and Jamaican Prime Minister Andrew Holness.

The MoUs aim to establish a framework for promoting development cooperation and to provide support in various sectors in Jamaica and Haiti through SFD, according to SPA.

Through the agreements, the fund seeks to support the socioeconomic and sustainable expansion of projects in key developmental sectors in both nations.

These deals came on the sidelines of the Saudi-CARICOM roundtable meetings to deepen bilateral relations between the Kingdom and the CARICOM nations.

Saudi Minister of Transport and Logistics Services Saleh bin Nasser Al-Jasser further demonstrated this commitment by signing an agreement with Barbados.

The pact focuses on bilateral air transport services between the two nations and establishing a regulatory framework for air transport movement in accordance with the principles outlined in the Chicago Convention.


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