FINANCIAL NEWS

Saudi imports from Germany to amplify by 2020

01 Apr 2016

(MENAFN) The German State of Baden-Wurttemberg will seek to achieve more than USD4.2 billion exports to Saudi Arabia over the next five years.

This striving goal will result in doubling the current exports to USD2.2 billion, and it’s worth mentioning that exports surpassed USD1 billion back in 2010.

Moreover, the state’s strong performance of exports is attributed to its long lasting friendship with the Kingdom, which dates back to more than two decades.

“I believe it is fair to say that services and products of our state have good reputation among government and business circles in Saudi Arabia,” said the state’s Vice PM.

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