• Desiring the Government of the Kingdom of Saudi Arabia and the Government of the Republic of Ghana (hereinafter referred to as the Contracting Parties) to strengthen the bonds of friendship existing between the two countries and to reinforce the historical ties between their peoples, and to develop and support cooperation between their countries in the economic, commercial, investment, educational, scientific, cultural, media, tourism, youth, and sports fields, and in appreciation of the benefits that may accrue to both countries as a result of enhancing cooperation between them in accordance with the systems and laws in force in both countries, they have agreed as follows:

• The contracting parties shall work to encourage economic, commercial, and investment cooperation between their countries and their citizens, whether natural or legal persons. This cooperation includes, but is not limited to, the following:

  • 1- Cooperation in all economic fields, including industrial, petroleum, mineral, petrochemical, agricultural, livestock, tourism, and health projects.
  • 2- Encouraging the exchange of knowledge and technical expertise necessary for limited cooperative programs.

The contracting parties shall exert their best efforts to encourage, expand, and diversify their commercial relations within the framework of the international commercial law.

• 1- The contracting parties shall work to encourage and facilitate the investments of their citizens in all fields, except for the fields excluded according to the internal regulations in their respective countries.
• 2- The contracting parties shall encourage the establishment of investment projects in accordance with the investment laws and regulations in force in both countries.
• 3- The contracting parties shall exert their utmost efforts to conclude an agreement to encourage and protect investment between the two countries.

• 1- The two contracting parties encourage the exchange of visits by representatives, delegations, and economic, commercial, and technical missions, whether they are from government, public sector, or private sector.
• 2- The two contracting parties encourage participation in trade exhibitions held in both countries and provide the necessary facilities for that.

• The contracting parties shall work on the following:

  • 1- Encouraging cooperation in the fields of education, scientific research, science, and technology through the exchange of information in areas of mutual interest, exchanging information related to scientific and technical research, exchanging visits between officials, researchers, experts, and specialists; training researchers and technical assistants, and participating in seminars and scientific conferences of common interest.
  • 2- Encouraging cooperation in cultural, sports, and youth fields, through coordinating positions in international forums, exchanging programs between institutions, associations, and sports and youth federations, as well as exchanging visits and expertise between officials responsible for youth and sports affairs.
  • 3- Encouraging cooperation in visual, audio, and printed media fields, through exchanging visits and expertise between public and private media institutions in programmatic and technical fields, exchanging audio, visual, and printed materials, and participating in related festivals.
  • 4- Encouraging tourism between the two countries and developing it by exchanging tourism information between them, and encouraging group and individual tourism for the citizens of both countries.

• The contracting parties agree not to use the information exchanged between them except for the purposes designated in accordance with what is agreed upon between them, and each party undertakes not to transfer any information exchanged between them to a third party without the written consent of the other contracting party.

The contracting parties shall work on concluding independent agreements in specific fields of mutual interest, whenever the need arises.

The contracting parties shall form a joint committee to follow up on the implementation of these agreements, if the need arises.