FINANCIAL NEWS

Saudi, UK discuss boosting bilateral trade

16 Nov 2014

(MENAFN) Saudi Arabia said that it is currently in talks with Britain in order to discuss strengthening trade and investment relations between the Saudi and British business sectors by establishing joint ventures in different sectors, Arab News reported.

Saudi said that both countries need focus their investments on key sectors such as health care, education, training and transport, as well as rail, and the exchange of expertise in the development of small and medium enterprises (SMEs).

Both countries have expressed their interest in the development of projects through partnerships in various sectors, as well increasing bilateral cooperation, particularly in SMEs projects, which will result in providing job opportunities for young Saudis, in addition to bringing British expertise and technology to Saudi Arabia.

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