Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Balghunaim wraps up NZ trip  Join our daily free Newsletter

MENAFN - Arab News - 15/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Minister of agriculture fahd bin abdulrahman balghunaim wrapped up his official visit to new zealand on saturday following discussions on various aspects of food safety and security with the experts

'the saudi agriculture minister wrapped up his new zealand trip on saturday after a very positive talk on food safety and security" greg lewis deputy head of mission new zealand embassy told arab news here on sunday

During the visit the minister chaired the saudi side in the meetings of the joint saudi-new zealand committee at its 5th session on wednesday he said. he further said that a delegation of 27 saudi arabian officials led by the minister also visited massey university's manawatu campus to learn from the university's agricultural and food safety expertise

Massey is the top agricultural school in new zealand and research and development is the building block of the new zealand economy which is based very strongly on exports which form close to 95 percent of its food production

The delegation also visited the milk and dairy products related research center in palmerstone where they were briefed on the activities of the center. commenting on the visit prof. peter kemp head of massey's institute of agriculture and environment said in a statement 'the university is developing strong links with saudi arabia particularly in agriculture and education. it is part of our international outreach and this visit is a reminder of the breadth of our agriculture expertise.

Kemp further said that the kingdom is very interested in increasing their agricultural knowledge. they are also prioritizing agricultural education and are keen to learn what they can from massey

'one of their food strategies is to buy farmland in other parts of the world and develop that through their companies so they're looking for expertise in how to run large-scale farm systems whether it's livestock or cropping which massey can obviously provide" he said

He further pointed out 'on the more intensive side we do actually have expertise in cow nutrition cow welfare and veterinary disease control.

Sources in riyadh said balghunaim was in new zealand for economic talks to encourage increased trade and to investigate training opportunities in food safety and pasture management. it is also being seen largely in line with the king abdullah initiative for food security

The initiative represents a shift in government agricultural strategy as it moves to phase out a 30-year program to reach self-sufficiency in wheat and other essential food crops. that goal has been reached but it has also depleted the kingdom's scarce supplies of underground water and according to a report the kingdom will be largely dependent on imported wheat from overseas destinations by 2016

State-owned saudi agricultural and livestock investment company (salic) was established in 2011 to work in this direction with a paid-up capital of 800 million and has the mandate to become a global agricultural investor and partner with agribusiness-related businesses worldwide

A report by the un's food and agriculture organization (fao) last year said salic's objective is to become a global agricultural investor targeting bulgaria hungary kazakhstan kyrgyzstan poland romania the russian federation ukraine and uzbekistan as potential investment 'target geographies." african countries like egypt sudan and ethiopia are also targeted

Gulf co-operation council (gcc) countries — saudi arabia bahrain kuwait oman qatar and the united arab emirates are a major export market for new zealand importing up to 90 percent of all the food they consume

Last year they bought around 983 million of new zealand dairy products and 194 million worth of meat

Earlier new zealand's primary industries and agriculture minister nathan guy also visited kingdom to build on its already well-established relationship met with his ministerial counterpart and also visited the site of a new zealand agribusiness service hub and demonstration farm currently under development near dammam.


 






  MENA News Headlines
 Jul 30 2014 - Safe haven status boosts investment scope in UAEspanKhaleej Times
(MENAFN - Khaleej Times) E political situation in the region has made Dubai into a magnet for families from across the region to set up home and establish regional or global offices for their ...

 Jul 30 2014 - Tech Mahindra eyes expansion in Saudi ArabiaspanKhaleej Times
(MENAFN - Khaleej Times) Ch Mahindra a specialist provider of connected solutions has announced that it has signed a joint venture agreement with Midad Holding which is a subsidiary of Al Fozan a ...

 Jul 30 2014 - Middle East earns 1 of global market research revenuesspanKhaleej Times
(MENAFN - Khaleej Times) E entire Middle East region earned only a meager one per cent of the global market research revenues which indicates the potential for market research that is prevalent in ...

 Jul 30 2014 - Dewa to show smart initiatives at Gitex 2014spanKhaleej Times
(MENAFN - Khaleej Times) Bai Electricity and Water Authority or Dewa has announced its participation in Gitex 2014 to be held from October 12-16 at the Dubai World Trade Centre.Dewa will showcase its ...

 Jul 30 2014 - Sico first-half net profit jumps 166spanKhaleej Times
(MENAFN - Khaleej Times) Curities & Investment Company or SICO licensed by the Central Bank of Bahrain as a conventional wholesale bank announced its financial results for the second quarter of 2014 ...

 Jul 30 2014 - Taqa Arabia eyes Egypt expansionspanKhaleej Times
(MENAFN - Khaleej Times) Laa Holdings announced that its energy sector subsidiary Taqa Arabia aims to expand its network of fuel stations in Egypt through Taqa oil marketing company.The company ...

 Jul 30 2014 - Real estate to pick up from next week: Industry expertspanKhaleej Times
(MENAFN - Khaleej Times) Bai Land Department transactions exceeded Dh113b for H1 The real estate market in Dubai is expected to pick-up again from next week after a slowdown during the last couple of ...

 Jul 30 2014 - Memon to hand over five projects in 2014spanKhaleej Times
(MENAFN - Khaleej Times) Mpany working on Dh1.Memon Investments has planned to hand over five projects worth more than Dh600 million in the next five months and is also planning to launch five new ...

 Jul 30 2014 - ADFD funding in underdeveloped countries hit Dh61bspanKhaleej Times
(MENAFN - Khaleej Times) E development finance institution articulates the UAEs continued commitment to support the development process of emerging countries.An exterior view of power plant in ...

 Jul 30 2014 - UK and US preferred by Arab travellers: MarriottspanKhaleej Times
(MENAFN - Khaleej Times) E US takes the lead when it comes to bookings with 20 per cent of all reservations closely followed by the UK which accounts for 16 per cent.Marriott International has ...

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

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

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
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

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


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help