• VIP German delegation looking to enhance the economic ties between the two countries

    30/01/2017

    Chaired by former German President Christian Wulff in Asharqia Chamber   
     

                    Member of the board of directors of Asharqia Chamber by Faisal Bin Saleh Al Quraishi, stressed the depth of trade and economic relations between the Kingdom and the Federal Republic of Germany, referring to the distinctive diplomatic relations.
    Al Quraishi said in the meeting with the VIP German delegation headed by the former president of Germany and the president of the Euro-Mediterranean economic cooperation, Christian Wulff, and was attended by Secretary General of the Chamber Abdulrahman bin Abdullah AL Wabel and the head of Industry and Trade Mission German Oliver Umas, room Sunday, January 29, 2017, that the specialities of the elegation is very suitable to the interests of the Kingdom, especially with the kingdom vision 2030 goals and initiatives, referring to the  specialties of the delegation representing the key sectors is very vital to the local economy such as energy, water, and electrical engineering, civil engineering, information technology, pharmaceuticals, consulting, pointing to a bright cooperation in these sectors between companies from the two countries especially in the field of energy and renewable energy.
    Al Quraishi said in the meeting that the products and German technology are very popular in the Kingdom, particularly in the eastern region, where Saudi German Office for Economic Affairs contributed (GESALO) located in Asharqia Chamber to enhance the trade relations between the two countries through holding exhibitions catalogs and meetings between businessmen in the two countries in the Chamber  .
    He pointed that the German companies put their mark in the Saudi market, where currently operates more than 400 German companies in Saudi investments amounted (according to the General Saudi Arabia investment) of more than $ 8 billion.
    For his part, Wolf said that German companies are ready to provide expertise and technology, which seeks to achieve the desired goals in achieving the ambitious vision of the Kingdom in 2030.
    Wulff said that the trade relations between the two countries is witnessing a growing trend in recent years, stressing the enhancing of the cultural relations and the importance of communication between people of the Kingdom and Germany, noting that relations have witnessed a remarkable growth since Germany issued in 2015, more than 74,000 visit visa for Saudi nationals.
    Dr. Hatem Samman of the General Committee for Investment presented a working paper that shed the light on the General Committee for Investment Program, which aims to accelerate the competitiveness (CAP) and making the Kingdom a favorite destination for regional and international investors, in coordination with various government agencies, which have become an important part of the national transformation plan .
    At the end of the meeting Al Quraishi presented a memorial gift to the head of the delegation, Christian Wulff.

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