South Korea and a group of Arab countries will hold another round of negotiations for their free trade deal next week, Seoul’s trade ministry said. South Korea and the Gulf Cooperation Council (GCC) will begin the sixth round of official talks for a bilateral free trade agreement (FTA) in Seoul.
South Africa aims to become Saudi Arabia’s gateway for African markets in the context of the African Continental Free Trade Area.
Brazil wants to expand trade and investment with Arab countries, said a government official, amid ongoing talks for commercial agreements with Saudi Arabia, Lebanon and the United Arab Emirates.
Arab-African trade has enormous potential but is held back by a number of bottlenecks. The Second Arab-Africa Trade Forum in Cairo revealed new ways to take trade forward.
South Korea and a group of Arab countries have agreed to push for the resumption of their free trade talks that have been suspended for a decade in a move to forge deeper economic ties, Seoul’s industry ministry said.
Government data, released after pressure from Labour, shows just 27% would be in favour of such a deal as Liz Truss visits Gulf state.
Pakistan will pursue individual trade deals with Saudi Arabia, the United Arab Emirates and Oman, a Pakistani official said on Sunday, as talks with the Gulf Cooperation Council remain stalled.
Saudi Arabia is looking for more trading partners under free trade agreement as the country aims at increasing non-oil exports share in its gross domestic product.
UK Trade Secretary was in the UAE and Saudi Arabia last month to work on the UK-GCC Joint Trade and Investment Review
Pakistan and Saudi Arabia are also going to sign memorandums of understanding (MoUs) for a Free Trade Agreement.
Indonesia is currently proposing to have a Comprehensive Economic Partnership Agreement (CEPA) with the GCC countries
Pakistan and Saudi Arabia agreed to negotiate a free trade agreement for trade liberalisation and increasing the volume between the two countries.
China has always regarded Saudi Arabia as a priority in its Middle East diplomacy as well as an important cooperation partner in Belt and Road construction, Chinese State Councilor and Foreign Minister Wang Yi said on Monday.
Pakistan and Saudi Arabia have accelerated negotiations on a bilateral investment treaty.
Samsung Engineering has filed an investor-state dispute settlement suit against Saudi Arabia over changes made to its power plant construction contracts for Yanbu Industrial City.
Agreement directly meets Belt Road objectives by liberalizing trade and investment along Eurasian landmass.
China sees Saudi Arabia as an important strategic partner and stands ready to speed up the China-Gulf Cooperation Council (GCC) FTA talks with Saudi Arabia.
New Zealand and the Gulf Cooperation Council will work to get a stalled free trade pact back on track after trade ministers from the Pacific nation and Saudi Arabia agreed to deepen trade ties.
India and Saudi Arabia inked five agreements to boost the bilateral cooperation between the two nations.
The Ministry of Foreign Affairs and Trade is defending a controversial sheep farm in Saudi Arabia, saying that the project has helped nudge New Zealand closer to a free trade deal with the Gulf states.