Brazilian President Luis Inacio Lula da Silva hailed his country's growing relations with Saudi Arabia and the Middle East on Sunday as he pushed for more trade and investment in the region.
Saudi Arabia and the United States yesterday signed an agreement for cooperation in science and technology. The agreement formalizes a decades-long, low-key relationship between the two countries involving numerous US technical agencies, academic institutions and private business.
Saudi Arabia has unveiled plans to develop large-scale overseas agricultural projects to secure food supplies, revealing that Riyadh is in discussions with Ukraine, Pakistan, Sudan, Turkey and Egypt.
On two counts, the 27-28 March Arab League summit in Riyadh could be the beginning of a turning point in the tumultuous history of the Middle East post-1948.
Saudi Arabia and Switzerland plan to sign an investment protection agreement during the visit of Swiss Minister of Economy Joseph Deiss to the Kingdom on April 1 this year.
India bilateral business and economic ties with Saudi Arabia got a significant boost with the signing of the proposed Bilateral Investment Protection Agreement (BIPA) and the Double Taxation Avoidance Agreement.
China wants closer ties with Saudi Arabia and other Arab states, and is working toward a free-trade agreement with countries in the region, according to Premier Wen Jiabao.
The Union Cabinet today approved the proposal for signing the Bilateral Investment Promotion and Protection Agreement with the Kingdom of Saudi Arabia.
US Trade Representative Rob Portman today announced that the United States and Saudi Arabia have concluded bilateral negotiations on issues related to Saudi Arabia's World Trade Organization accession.