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
On 31 August 2009 in a non-public way AB Bank SNORAS issued the emission of perpetual debt securities included into the bank capital amounting to LTL 72.5 million.
more »
The European Commission, through its longstanding cooperation with the US and Canada, announces the launch of 33 new and innovative projects involving universities and training institutions on both sides of the Atlantic.
more »
Today at the VII World Congress on Alternatives and Animal Use in the Life Sciences in Rome, the European Commission and the European cosmetic industry presented their joint financial effort for research into alternative safety testing methods.
more »
SEB Bank, the largest bank in Lithuania, invests almost LTL 4.6 million in to the upgrade of its data transmission network.
more »
The World Bank’s Board of Executive Directors today approved a credit of US$ 36.6 million equivalent of additional financing for the Lifeline Road Improvement Project for Armenia.
more »
The Executive Board of the International Monetary Fund (IMF) today completed the first review of Latvia's performance under an economic program supported by a 27-month Stand-By Arrangement.
more »
The Commission has today decided to close the formal investigation procedure into the privatisation and restructuring of Austrian Airlines concluding that the restructuring following its sale to Lufthansa is compatible with community law.
more »
Ben Bernanke's reappointment as head of the Federal Reserve did not come as a surprise, but Wall Street still responded with the proverbial thumbs up.
more »
Over I half-year 2009 accommodation establishments had by 22 per cent less guests.
more »
In the first such transaction in Russia, carbon credits generated by utilising gas which would otherwise be flared at an oilfield in eastern Siberia are to be purchased through a carbon fund set up by the EBRD and the European Investment Bank (EIB), the Multilateral Carbon Credit Fund (MCCF).
more »