Saudi-Swedish Business Council formed

Jeddah, November 09, SPA -- The bilateral trade exchanges between
Saudi Arabia and Sweden have reached approximately SR4 billions
($1.06 billion), latest statistics showed.

The ties would be further strengthened with first visit of Stockholm
Governor Gustav Unckel and his team who were invited by Prince Salman
Bin Abdul Aziz, Governor of Riyadh region, to discuss the recent
bilateral ties between the two states.

After visiting Riyadh, Unckel with his entourage, visited the JCCI
last weekend.

“I think the best fruit of such a visit is the establishment of the
Business Council to support the commercial exchanges between the
Kingdom of Saudi Arabia and Sweden. The Council will also enhance the
Kingdom’s market by importing the latest Swedish technologies in many
different fields including industrial, agricultural, food production
and construction.”

“I agree with my Saudi partners that the Saudi-Swedish bilateral
trade exchange is still meager and small. We need to enlarge our
exports to Saudi Arabia in all sectors like petrochemicals, some
electronic products, wood industry and steel” Unckel was quoted as
saying in a report published today by Saudi Gazette.

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