20 November 2018 - Prime Minister Duško Marković hosted an inaugural visit by the newly appointed Ambassador of Saudi Arabia Abdul Momin bin Mohammed Sharaf. At this meeting, the two officials concluded that Montenegro and the Kingdom of Saudi Arabia will strengthen bilateral relations that will be further built by enhanced economic cooperation.
Ambassador Sharaf said that Saudi Arabia has a clear economic vision by 2030, focusing on trade and investment. He added that he hopes to build a partnership with Montenegro, as well as with other Western Balkan countries.
Prime Minister Marković said that Montenegro has created important preconditions for the future and a better life of citizens and that it showed its seriousness and credibility in the past year and a half as a full-fledged member of NATO, as well as during six years of negotiations with the European Union.
The Prime Minister pointed out that Montenegro has a lot of development potential in tourism, energy, as well as in agriculture and food production. Prime Minister Marković emphasized that Montenegro is a safe and secure country with incentive tax policy. He added that the Montenegrin economy recorded significant economic growth in the last two years.
Both sides agreed that it would be a good idea to organise a presentation of potentials for businessmen and investors from Saudi Arabia, and the Ambassador expressed particular interest in the field of agriculture.
