With the balance of trade tilted heavily in favor of Poland, Saudi Arabia has decided to activate the Saudi-Polish Business Council and take other export promotion measures
Published:
23 March 2005 y., Wednesday
With the balance of trade tilted heavily in favor of Poland, Saudi Arabia has decided to activate the Saudi-Polish Business Council and take other export promotion measures once the council is up and running.
This was one of the action programs formulated at a meeting that Poland’s former President Lech Walesa had yesterday with senior officials of the Council of Saudi Chambers of Commerce and Industry.
Besides Walesa, Poland’s Ambassador Adam Kulach, embassy officials and representatives of the Polish media were also present. The Saudi side was represented by Dr. Fahad Al-Sultan, secretary general of the Council of Saudi Chambers of Commerce and Industry, Hussein Al-Athel, secretary general of the Riyadh Chamber of Commerce and Industry, Khaled M. Al-Otaibi, assistant secretary general for foreign affairs, and some Saudi businessmen.
Speaking on the occasion, the former Polish president described it as a ground-breaking meeting that could pave the way for a greater momentum in Saudi-Polish relations. He said the potential for expanding their bilateral ties was huge, since Poland had come a long way during the last 15 years since the break-up of the Soviet Union and its emergence as a free-wheeling economy within the European Union, of which it is a member. Any investment in Poland, therefore, yields the benefit of a 200 million-strong market.
Šaltinis:
arabnews.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The EBRD is increasing the availability of financing to the real economy in Hungary, with a €50 million credit line to CIB Bank, including at least €10 million equivalent denominated in Hungarian Forint.
more »
At the end of March 2010, AB Bank SNORAS deposit portfolio exceeded LTL 5 billion, of which over LTL 3 billion are household deposits.
more »
In affirmation of Vietnam’s remarkable progress towards Middle Income Country status, the World Bank Board of Directors today approved a second loan for Vietnam from the International Bank of Reconstruction and Development (IBRD).
more »
The World Bank today approved a EUR26 million loan to the Republic of Croatia aimed at further improving the efficiency of Croatia’s justice system − a necessary process in Croatia’s path towards successful European Union accession.
more »
The ACP-EU Joint Parliamentary Assembly asked the European Commission to help EU and ACP banana producers adapt to the new EU-Latin America trade agreement, which is expected to put an end to fifteen years of “banana wars” between the two continents, but has raised concerns for the livelihood of some regions' producers.
more »
As seventeen of Africa’s 53 nations celebrate 50 years of independence in 2010, Africa’s “golden moment has come” and investors around the globe must look to the continent often painted only as risk-prone if they are to capitalize on business opportunities.
more »
During the ordinary general shareholders’ meeting of AB Bank SNORAS, which took place on 31st March 2010, the bank’s profit distribution was approved.
more »
The EU is the world's largest economy, with enough international clout to return to "real capitalism" rather than resign itself to an alien "financial capitalism", concluded MEPs and experts at a public hearing held on Thursday by Parliament's special committee on the crisis.
more »
Food quality and labelling are likely to be key issues when the Common Agriculture Policy is overhauled in the coming years.
more »
The European Investment Bank (EIB) is lending EUR 250 million to Russian company Enel OGK-5 to finance the upgrading of a gas fired power plant located in Nevinnomyssk, South Russia.
more »