Prince Fahd bin Mansour Leads Saudi Delegation to G20 YEA 2024 Summit in Brazil

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GoiSnia, Prince Fahd bin Mansour bin Nasser bin Abdulaziz is leading the Kingdom’s delegation participating in the G20 Young Entrepreneurs’ Alliance Summit (G20 YEA Summit), which will be held here between June 12 and 14.

The delegation includes representatives of government entities, private sector, and a select group of Saudi entrepreneurs.

“This summit represents a golden opportunity to highlight the significant achievements made by the Kingdom in the field of startups, small and medium-sized enterprises, and entrepreneurship,” Prince Fahd said in a statement.

He noted that the summit enables the exchange of innovative ideas, the establishment of global strategic partnerships, and opens up prospects for investment opportunities in Saudi startups, thus contributing to achieving sustainable economic growth goals.

He said that the summit will continue until June 16 and will discuss recommendations to be presented to the leaders of the G20 countries to enhance the business environment for startups.

He add
ed that the summit encourages global community participation in shaping these policies to ensure representation of the diverse entrepreneurial ecosystems’ needs.

The summit agenda includes dialogue sessions to exchange ideas and propose solutions, exhibitions, and designated areas for building business relationships and holding bilateral meetings.

Prince Fahd emphasized that the G20 YEA Summit provides a vital opportunity for entrepreneurs in the Kingdom to develop their businesses, establish strategic regional and global partnerships, showcase their services, explore expansion into new markets, attract foreign investments, attract global talent, and discover innovative solutions offered by participating startups.

At the summit, the Kingdom will present facilities offered to entrepreneurs, and the stimulating regulatory environment that helps small and medium-sized enterprises grow, in line with the Saudi Vision 2030 goals.

The advantages offered to entrepreneurs looking to start their projects in the Kin
gdom or those seeking to expand or relocate their facilities in the Kingdom will also be presented at the summit.

The Kingdom’s participation in the summit is part of its continuous efforts to empower entrepreneurs, the main drivers of sustainable economic growth; it reasserts its active role in the international community, through creating opportunities for collaboration with participating delegations and establishing fruitful partnerships.

Source: Saudi Press Agency