Desiring by the Government of the Kingdom of Saudi Arabia and the Government of the Kingdom of Eswatini (hereinafter referred to as the contracting parties) to strengthen the bonds of friendship between the two countries, and to support the 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 can accrue to both countries as a result of enhancing cooperation between them in accordance with the regulations and laws in force in both countries, they have agreed on the following:

• The contracting parties 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, animal, tourism, and health projects.

  • 2- Encouraging the exchange of knowledge and technical expertise necessary for specific cooperative programs.

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

• 1- The contracting parties shall work to encourage and facilitate the investments of citizens in all fields, except for the fields excluded according to the internal regulations in their respective countries.

• 2- The contracting parties 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 contracting parties encourage the exchange of visits by representatives, delegations, and economic, commercial, and technical missions, whether they are from the government, public, or private sector.

• 2- The contracting parties encourage participation in trade exhibitions held in both countries and provide the necessary facilities for this purpose.

• The contracting parties shall work on the following:

  • 1- Encouraging cooperation in the fields of education, scientific research, and science and technology through the exchange of information in areas of mutual interest, the exchange of information related to scientific and technical research, the exchange of visits between officials, researchers, experts, and specialists, training researchers and technical assistants, and participating in seminars and scientific conferences of mutual interest.

  • 2- Encouraging cooperation in cultural and sports fields, 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 experiences between officials responsible for youth and sports affairs.

  • 3- Encouraging cooperation in the fields of visual, audio, and printed media, through the exchange of visits and experiences between public and private media institutions in programmatic and technical fields, exchanging audio, visual, and printed materials, and participating in related festivals.

  • 4- Encouraging and developing tourism between the two countries 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 for it according to what is agreed upon between them, and each party undertakes not to transfer any of the exchanged information between them to a third party without written consent from the other contracting party.

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

The contracting parties shall form a joint committee to monitor the implementation of these agreements, if necessary.

• 1- This agreement enters into force from the date of the last mutual notification through diplomatic channels confirming the completion of the legal procedures for its ratification.

• 2- The duration of this agreement is five (5) years, starting from the date of its entry into force, and it is automatically renewed for a period or successive periods each of one year, unless one party notifies the other party - in writing - of its desire to terminate it at least six months before the expiration of the effective period.

• 3- In the event of the termination of this agreement, its provisions shall remain in effect with respect to programs, projects, or agreements concluded under it, or contracts and obligations arising from it, which have not been completed upon its termination, or rights that have arisen under it and have not yet been settled according to its provisions, as well as with respect to the liquidation of positions and current financial entitlements before its termination, whether they relate to governments or natural or legal persons.

• 4- Any dispute arising regarding the interpretation or application of this agreement shall be settled through negotiations and consultations between the parties.

• This agreement was drafted in the city of (Riyadh) on 1446/6/10 AH corresponding to 2024/12/11 AD, in two original copies in Arabic and English, and both texts are equally authentic.