Chancellor visit to Saudi Arabia: 10 December 2017
The Chancellor is expected to discuss a range of issues, including the economic reform plan Vision 2030.
The Chancellor, Philip Hammond has travelled to Saudi Arabia to meet King Salman, Crown Prince Mohammed Bin Salman and the Ministers of Finance, Energy, and Economy and Planning.
The Chancellor is expected to discuss a range of issues, including the economic reform plan Vision 2030, the situation in the Yemen, and trade and investment with the UK.
He is accompanied by Ken Costa, the Special Representative for Vision 2030, and Donald Brydon, the Chairman of the London Stock Exchange Group.
The Chancellor said:
Saudi Arabia is a key partner for the UK and we are offering ongoing support as it progresses with its ambitious economic reform plan, Vision 2030.
We will work closely with Saudi Arabia as it modernises and its economy diversifies, ensuring that both our nations benefit from the growing trade and investment opportunities.
The Chancellor will also meet female Saudi entrepreneurs including alumni from UK universities.
The visit follows the Prime Minister’s visit to Saudi Arabia last month.