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.
New Zealand’s Auditor General has been asked to investigate government spending of 11 million NZ dollars (US$7.96m) on a sheep farm in Saudi Arabia in what has been labeled a bribe to secure a free trade agreement with the Arab Gulf states.
New Zealand’s John Key has defended his upcoming trip to Saudi Arabia, saying a free-trade agreement with the kingdom will allow the two parties to talk about a ‘range of issues’ including human rights abuses.
The agreement to create a customs union to establish a free trade area in 2015 stands out among the results of the Third Summit of Arab Economic and Social Development, which closed here today.
Turkish trade with the GCC (Gulf Cooperation Council), in spite of considerable positive progress in recent years, is lagging far behind its potential. Negotiations for a free trade agreement between Turkey and the GCC were launched in November 2005 but are still ongoing and are expected to conclude soon. The delays appear to have been linked above all to the global economic crisis with the talks suspended for a while in 2008-2009, according to a report "Turkey and the GCC: A strengthening Relationship" issued by the National Commercial Bank (NCB).
I followed the Gulf Cooperation Council (GCC) summit held in Abu Dhabi, the United Arab Emirates (UAE) capital, last week and had a chance to see firsthand how the leaders of oil-rich Gulf Arab countries conducted the meeting against the backdrop of the challenges facing the Middle East.
Canada, which lost millions of dollars in beef trade opportunities with Saudi Arabia following the outbreak of mad-cow disease, is now seeking full access to this lucrative Saudi market. There is also talk of possibly holding negotiations for a free trade agreement and a general investment protection accord with the Gulf states.
Brazilian President Luis Inacio Lula da Silva hailed his country’s growing relations with Saudi Arabia and the Middle East on Sunday as he pushed for more trade and investment in the region.
Saudi Arabia and the United States yesterday signed an agreement for cooperation in science and technology. The agreement formalizes a decades-long, low-key relationship between the two countries involving numerous US technical agencies, academic institutions and private business.
Saudi Arabia has unveiled plans to develop large-scale overseas agricultural projects to secure food supplies, revealing that Riyadh is in discussions with Ukraine, Pakistan, Sudan, Turkey and Egypt.