Saudi, Djibouti sign economic cooperation agreement

Maritime transport is one of the areas that the agreement covered. (Reuters)
Updated 23 December 2017
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Saudi, Djibouti sign economic cooperation agreement

RIYADH: Saudi Arabia and Djibouti yesterday signed a cooperation agreement in areas including industry, energy, mineral wealth, telecommunications, information technology, housing health, agriculture, water and environmental protection.
The agreement included measures to speed up the development of air transport between the two countries and ways to increase trade through improved maritime transport, according to Asharq Al-Awsat.
The agreement also included ways of increasing the volume of trade and investment exchange between the two countries in accordance with both the Saudi Vision 2030 and Djibouti’s Vision 2035.
A Saudi-Djibouti economic fair was held in Riyadh where businessmen from the two countries held talks.
The agreement focused on strengthening cooperation with the Central Bank of Djibouti to exchange information and credit reports on banks and companies in Djibouti.
Saudi Arabia expressed its desire to set a date for the start of the first round of negotiations within two months to avoid double taxation between the two countries, and the list of members of the Saudi Executive Committee for the Saudi-Djibouti Business Council has also been decided on.
The council will meet after Djibouti selects its members for the committee.


Al-Jubeir meets UK Foreign Secretary Jeremy Hunt

Updated 26 April 2019
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Al-Jubeir meets UK Foreign Secretary Jeremy Hunt

LONDON: Saudi Minister of State for Foreign Affairs Adel Al-Jubeir met the British Foreign Secretary Jeremy Hunt at the British Foreign Office in London on Thursday.

The two sides held talks during which they reviewed bilateral relations between the two countries and regional and international developments.

The meeting was attended by the Kingdom’s Ambassador to Yemen Mohammed bin Saeed Al-Jaber.

Al-Jubeir also met with Minister of State for the Middle East Alistair Burt and a number of UK Parliament members at the Saudi Embassy in London.

Earlier, Hunt highlighted the strategic partnership between Britain and Saudi Arabia and said that it would help British efforts to end the war in Yemen. “The strategic relationship that the UK has with Saudi Arabia is what allows us to have a huge influence in bringing about peace in Yemen,” he said.