PRESS RELEASE : HM Treasury and the Ministry of Finance of the Kingdom of Saudi Arabia sign new MoU on Financial Services [December 2022]
The press release issued by HM Treasury on 21 December 2022.
The Chancellor of the Exchequer and the Minister of Finance of the Kingdom of Saudi Arabia signed a Memorandum of Understanding (MoU) on financial services cooperation on 20 December 2022.
- The Chancellor of the Exchequer, Jeremy Hunt MP, and the Minister of Finance of the Kingdom of Saudi Arabia, Mohammed Al-Jadaan, met yesterday, 20 December 2022, in London to sign a Memorandum of Understanding (MoU) on financial services cooperation, and to discuss issues of mutual interest.
- This MoU reiterates our joint ambition to strengthen bilateral financial services cooperation and aims to enhance cross-border trade in financial services, promote financial stability, and foster greater cooperation on priority issues, such as green finance, in support of Saudi Arabia’s Vision 2030.
