King Salman inaugurates Saudi agriculture program

King Salman inaugurated the Sustainable Agricultural Rural Development Program at Al-Yamamah Palace in Riyadh on Wednesday. (SPA)
Updated 10 January 2019

King Salman inaugurates Saudi agriculture program

  • The program aims to boost production
  • Minister said the program would also help small producers across the Kingdom.

RIYADH: King Salman inaugurated the Sustainable Agricultural Rural Development Program on Wednesday at his palace in Riyadh. 

The program aims to boost production, processing and marketing of fruit, fish, livestock, Arabic coffee and cultivation of rain-fed crops.

The Minister of Environment, Water and Agriculture, Abdulrahman bin Abdulmohsen Al-Fadhli, thanked the king for patronizing the launch of the program. 

He said the program would also help small producers across the Kingdom.

The program will not only boost investment in the agriculture sector but it will also diversify the sector, improve the incomes of small farmers, create job opportunities and contribute to food security and sustainable development.

Vision 2030 aims to diversify the economy by developing the economic sector to achieve sustainable development. It further emphasizes reserving natural resources including the rationalization of water consumption in agriculture and achieving food security to increase the share of the agriculture sector in the gross domestic product, which will help in the main agenda, economic diversification.

The king expressed his happiness over the overall progress of the country. He thanked God for blessing the Kingdom with resources and honoring it with the presence of the Two Holy Mosques.

The minister presented the king with a commemorative gift.


G20 trade and investment ministers discuss COVID-19 response under Saudi Arabia's presidency

Updated 22 September 2020

G20 trade and investment ministers discuss COVID-19 response under Saudi Arabia's presidency

RIYADH: The trade and investment ministers of the G20 nations met virtually on Tuesday under the presidency of Saudi Arabia to strengthen trade and investment cooperation.
The ministers agreed to continue cooperation to support the recovery of international trade and investment amid the coronavirus pandemic.
They also agreed to support the necessary reform of the World Trade Organization (WTO) to which the Riyadh Initiative on the Future of the WTO provides political support.
Khalid Al-Falih, Saudi Arabia's minister of investment, said the collective G20 response to COVID-19 had started to deliver early signs of a “resilient, and stable economic recovery.”
“As policymakers, it is our duty to prioritize the most vulnerable in our societies, including micro, small and medium-sized enterprises, and Saudi Arabia stands ready to endorse the G20 policy guidelines for MSMEs,” Falih said.
Saudi Arabia’s Minister of Commerce Majid Al-Qasabi told the meeting that measures adopted by the G20 in May were “critical for sustaining the flow of essential goods and services across borders and limiting the human toll of the pandemic.”