Economy and Planning Minister Adel Fakeih expressed hope in a meeting with his counterpart in Tokyo of attracting more investment to the country through the economic reforms.
Fakeih, Energy, Industry and Mineral Resources Minister Khalid Al-Falih and Commerce and Investment Minister Majid Al-Qassabi met with Japan's Economy, Trade and Industry Minister Hiroshige Seko at his office.
Fakeih said in the meeting he hopes to make suggestions during the visit that would bring economic development to both countries.
Seko, for his part, suggested Japan could cooperate to spur business investment.
Seko added: “The two countries are strongly tied by relations of trust,” referring to Saudi Arabia’s stable energy supply and Japan’s business presence in the Middle Eastern country.”
Al-Falih attended a forum organized by the Japan External Trade Organization and others at a Tokyo hotel Thursday where Japanese energy firms and trading companies expressed their support for Saudi Arabia’s economic reform plans.
Calling for an expansion of economic cooperation, Al-Falih said Saudi Arabia is aiming to diversify its industrial landscape and he believes there would be a synergy effect with Japanese businesses.
Source: Arab News
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklistMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor