Riyadh: Italian chambers of commerce and companies are prepared to establish their headquarters in the Kingdom, according to Chairman of the Saudi-Italian Parliamentary Friendship Committee Marco Osnato. This development would enable these entities to offer their services and expertise in diverse sectors of the Saudi market. Osnato made this announcement during a meeting of an Italian parliamentary and trade delegation with President of the Federation of Saudi Chambers (FSC) Hassan bin Mujib Al-Huwaizi and President of the Saudi-Italian Business Council Eng. Kamel Salahuddin Munjid. The purpose of the meeting was to discuss the economic and social developments in the Kingdom within the framework of Vision 2030. During the meeting, In addition to discussing potential investment opportunities in the Kingdom, the Committee examined initiatives to enhance the business climate for foreign investors and discussed potential avenues for Saudi enterprises to enter the Italian market. The Italian delegation was brie fed on the "Saudi Made" and "Quality of Life" initiatives, in addition to the advantages that foreign investors and individuals can derive from the premium residency system. Source: Saudi Press Agency