Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

KSA, Australia vow to boost trade relations  Join our daily free Newsletter

MENAFN - Arab News - 18/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Australian trade minister accompanying a top business delegation will visit Saudi Arabia soon, Ambassador Neil Hawkins said on Wednesday



Hawkins made the announcement during his meeting with Abdullah Al-Mubti, president of the Council of Saudi Chambers, in Riyadh

The two officials discussed mutual economic interests and trade cooperation. The meeting coincides with the upcoming G-20 conference, which Australia is hosting.



Both parties expressed willingness to enhance trade relations in various major sectors



Earlier, the envoy said Saudi Arabia is the largest economy in the Gulf region, and the Australian trade minister's visit would highlight the sheer scale of significant business opportunities available to Australian companies in the Kingdom.



"We believe that personal contacts are an essential ingredient of doing business in the region," the envoy said.



Major Australian exports to Saudi Arabia in 2011-12 included, passenger motor vehicles, barley, wheat and meat, while major Australian imports from the Kingdom in the same year included fertilizers and crude oil

At the outset of their Wednesday meeting, Al-Mubti noted the distinguished relations linking the Kingdom and Australia, and the growing size of the business dealings over the past years.



He emphasized the existing cooperation between the two countries as members of the G-20 and their unified vision toward the stability and development of the region



Al-Mubti acknowledged the major role played by the two countries' ambassadors in consolidating and strengthening economic relations, as well as facilitating visits between businessmen from both sides. He stressed the important role played by the joint business council that was established recently



The president of the council expressed the chamber's readiness to host the meeting and to discuss key issues of interest to Saudi and Australian businessmen such as, infrastructure, construction, services, higher education and training

 


Arab News




  MENA News Headlines
 Mar 1 2015 - Iraq predicts oil will rise to $64-65 per barrelAFP
(MENAFN - AFP) Iraqi Oil Minister Adel Abdel Mahdi said Sunday he expects the price of crude oil, which dropped to a six-year low in January, to continue recovering to reach $64 or $65 per barrel. ...

 Mar 1 2015 - Nbad- USD48t needed to meet global power demandMENAFN
(MENAFN) Energy demand in the Gulf to triple in the next fifteen years far outstripping today's supply, a report released by National Bank of Abu Dhabi (Nbad), Gulf News reported.It figures out that ...

 Mar 1 2015 - Bahrain, Russia to boost trade tiesMENAFN
(MENAFN) The Bahrain side of the Bahraini-Russian Joint Business Council held its first meeting, under the chairmanship of BCCI Chairman, Saudi Gazette reported.However, hailing the relations between ...

 Mar 1 2015 - Abu Dhabi's Eagle Hills plans new USD80b Egyptian cityMENAFN
(MENAFN) Abu Dhabi-based developer Eagle Hills is set to build a new city worth USD80 billion near Cairo, Arabian Business reported.The new city is set to include an airport, hotels, and a mall as ...

 Mar 1 2015 - S. Korean President Starts Mideast TourQatar News Agency
(MENAFN - QNA) South Korean President Park Geun-hye left for Kuwait on Sunday on a nine-day, four-nation trip to the Middle East expected to focus on wide-ranging economic cooperation beyond energy ...

 Mar 1 2015 - Car bombs kill27 in BaghdadArab News
(MENAFN - Arab News) BAGHDAD: Car bombs targeting a crowded market and Shiite militia checkpoints north of Iraq's capital killed 27 people Saturday authorities said as the country's prime minister ...

 Mar 1 2015 - Kuwait reopens Yemen embassy in AdenArab News
(MENAFN - Arab News) KUWAIT CITY: Kuwait decided to reopen its Yemeni embassy in Aden instead of the militia-controlled capital Sanaa.'In the framework of supporting constitutional legitimacy in ...

 Mar 1 2015 - Saudi- 3000 vacanciesto be availablein next episodeof 'Jobs on Air'Arab News
(MENAFN - Arab News) There will be 3000 job opportunities for unemployed young male and female Saudis as well as for foreigners during the tenth session of 'Jobs on Air' on Al Danah television ...

 Mar 1 2015 - Saudi- Al-Samaani: Judicial system impartialArab News
(MENAFN - Arab News) Saudi Arabia's justice system is based on the provisions of Islamic law derived from the Holy Qur'an and the Sunnah (tradition) of the Prophet (peace be upon him). This ensures ...

 Mar 1 2015 - Saudi- Many Madinah sites need better careArab News
(MENAFN - Arab News) Several residents in the city of Madinah have drawn attention of the competent authorities toward multiple Prophet's heritage sites and relics in the area including wells ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help