RIYADH, April 15 (Xinhua) -- Saudi Arabia and the United Arab Emirates (UAE) held on Monday a coordination meeting and discussed the activation of a joint market, Saudi Press Agency reported.

The meeting of the Saudi-Emirati Coordination Council held in Riyadh highlighted that the two countries will launch an open market project, to help achieve economic diversity and maintain their market performance.

The two countries are also developing a joint vision related to tourism and national heritage, through a partnership between concerned authorities of both countries.

The council was established through an agreement between the UAE and Saudi Arabia in May 2016, to achieve their joint vision in the areas of economy, social development, politics and military integration, as well as to ensure the welfare of their communities.