A. M. 
The Vice President of the Republic of El Salvador, Felix Ulloa, represented President Nayib Bukele at the “Future Investment Initiative” (FII) Forum held in Riyadh, Saudi Arabia. Upon his arrival, he was received by the Deputy Minister of Protocol Affairs, Abdulmajeed Al-Smari. This event brought together global leaders, business representatives, academics and Saudi Arabian authorities to discuss investment and cooperation opportunities in strategic sectors.
During the forum, Vice President Ulloa highlighted the progress made by the salvadoran government in creating a favorable environment for investment. Economic development policies and the promotion of key sectors that seek to attract foreign direct investment and promote knowledge sharing were presented. The preliminary agreements signed on the occasion aim to benefit both nations in areas such as technology, education, infrastructure and energy.
As part of his official visit, Vice President Ulloa, accompanied by a delegation from El Salvador, held meetings with senior representatives of the Saudi government, including the Minister of Finance, Mohammed Al-Jadaan, and the Minister of Industry and Mineral Resources, Bandar Alkhorayef. In addition, meetings were held with leaders of private companies and the education sector, establishing solid foundations for future collaboration agreements and joint projects. Invest in El Salvador will be in charge of following up on these contacts.
The salvadoran delegation’s participation in FII 2024 underscores the Government’s commitment to strengthen ties with the Kingdom of Saudi Arabia and other participating countries, promoting development and cooperation in areas of mutual interest. This visit also reaffirms El Salvador’s position on the international stage as a country open to collaboration, willing to work with strategic partners to promote its development.
The salvadoran delegation was composed of Invest in El Salvador’s Director of Investment Promotion, Federico Apostolo, and El Salvador’s Ambassador to Saudi Arabia, Ricardo Cucalón, highlighting the country’s approach towards a more integrated and cooperative economy at the global level.
