RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources signed three international memoranda of understanding for cooperation in the field of mineral resources with Chile, Canada, and Brazil. 

The signings took place on the sidelines of the Fifth International Ministerial Meeting of Ministers Responsible for Mining Affairs, held as part of the Fifth Future Minerals Forum hosted by Riyadh from Jan. 13 to 15. 

This step reflects the Kingdom's efforts to expand its international partnerships and strengthen frameworks for technical and investment cooperation in the mining and minerals sector, serving common interests and supporting the sustainable development of mineral resources.  

The signing ceremonies included the conclusion of an MoU with the Ministry of Mines of the Republic of Chile for cooperation in the field of mineral resources, an MoU with the Department of Natural Resources of Canada for cooperation in the field of mineral resources, and the conclusion of an MoU with the Ministry of Mines and Energy of the Federative Republic of Brazil for cooperation in the field of mineral resources. 

It is worth noting that the fifth edition of the International Ministerial Meeting recorded the highest level of international representation of its kind globally, with the participation of more than 100 countries, including all G20 members and the EU, as well as 59 multilateral organizations, industry associations, and non-governmental organizations.  

This reflects the prominent position the Ministerial Meeting has attained as a leading international platform for coordinating visions, building partnerships, and developing practical solutions to the challenges facing the global mining and minerals sector.