Saudi-Japan Business Forum begins in Riyadh

Hiroshige Seko and Majid Al-Qassabi
Updated 14 January 2018
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Saudi-Japan Business Forum begins in Riyadh

RIYADH: The Japanese Minister of Economy, Trade and Industry Hiroshige Seko will lead a trade delegation of 60 Japanese companies at the Saudi Arabia-Japan Business Forum on Sunday in Riyadh under the co-chairmanship of Saudi Commerce and Investment Minister Majid Al-Qasabi.
The forum has been organized by the Saudi Arabian General Investment Authority (SAGIA) to discuss investment partnerships under the banner of “Saudi-Japanese Vision 2030.”
Ahmed Almusained, PR and media manager of SAGIA, told Arab News that the SAGIA will also host the “Invest in Saudi Arabia” exhibition during the forum, which will highlight the investment opportunities the Kingdom offers in various regions, and it will be attended by public sector leaders, businessmen, economists, and innovators.
According to a statement from SAGIA, its governor, Ibrahim bin Abdul Rahman Al-Omar, will also attend the event which will be held at Al Faisaliah Hotel in Riyadh.
The 60 Japanese companies represent the energy, electricity, infrastructure, logistics, health, entertainment, agriculture and food, information technology, and banking and financial services sectors in Japan.
Japan is considered a key trade partner of the Kingdom. The volume of trade between the two countries reached SR117.9 billion ($31.43 billion) in 2015. Saudi exports to Japan stood at SR80.6 billion. Saudi imports from Japan reached SR37.2 billion, a trade balance of SR43.3 billion in favor of the Kingdom, the Saudi Press Agency (SPA) reported.


Saudi foreign minister meets with Indonesian counterpart

Updated 32 min 3 sec ago
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Saudi foreign minister meets with Indonesian counterpart

RIYADH: Saudi Arabia’s Minister of Foreign Affairs, Adel bin Ahmed Al-Jubeir, met on Tuesday with his Indonesian counterpart, Retno Marsudi, in the capital Jakarta.
During the meeting, the pair discussed bilateral relations between the two countries and means of enhancing them in various fields, in addition to matters of mutual interest and the top regional and international developments.
The meeting was attended by the director general of the foreign minister’s office, Ambassador Khalid bin Musaed Al-Anqari, and the Saudi ambassador to Indonesia, Osama bin Mohammed Al-Shuaibi.
Al-Jubeir also headed the Saudi delegation at the 10th ministerial meeting of the Saudi-Indonesian Joint Committee, which was also held in Jakarta, while Marsudi headed the Indonesian side.
The meeting discussed bilateral relations and means of enhancing cooperation between the two countries and witnessed the signing of several agreement during the committee’s 10th meeting.
After that, Al-Jubeir held a joint press conference with his Indonesian counterpart and highlighted the strong relations between Saudi Arabia and Indonesia.
The Saudi foreign minister emphasized that King Salman pays great attention to the tragic incident that claimed the life of citizen Jamal Khashoggi.
“When King Salman learned about the incident, he immediately communicated with the president of the Republic of Turkey, Recep Tayyip Erdogan, and gave his order to dispatch a Saudi team to Turkey to investigate the case and find the truth about what happened,” he said.
He added that King Salman directed the attorney-general ten days ago to investigate the case, reveal its circumstances, and discover what occured.
Al-Jubeir pointed out that King Salman and Crown Prince Mohammed bin Salman are closely following the developments of the Khashoggi case and are keen to reveal all the relevant facts in order to hold those involved accountable.