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Saudi-Malaysian seminar opens
Riyadh 21st May 2001

 Abdulrahman Al-Jireisi, the Chairman of the Chamber of Commerce and Industry in Riyadh, opened here on Monday a seminar on opportunities for commerce between the Kingdom of Saudi Arabia and Malaysia. The seminar's inaugural ceremony was attended by Malaysian Minister of International Trade and Industry Rufeida Aziz.

Speaking on the occasion, al-Jireisi said Malaysia which ranks 27th in the list of commercial partners of Saudi Arabia is one of the Kingdom’s major trade partners. He noted that the volume of commercial exchange between the two countries jumped from SR 776 million in 1990 to SR 2,188 million in 1999.

Al-Jireisi said the volume of the Kingdom's imports from Malaysia last year amounted to about SR 1,152 million.

For her part, Rufeida Aziz, the Malaysian Minister of Trade and International Industry, delivered a lecture on the Saudi-Malaysian business opportunities. She reiterated the keenness of the Malaysian officials on enabling the Saudi authorities concerned to acquaint themselves with the economic situation in Malaysia. She pointed out that the Kingdom and Malaysia have common views on many of the problems pertaining to the international trade and economy.


Source: SPA©
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