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Saudi-Swiss Officials Meet in Bern to Promote Industrial Cooperation

Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef during a round-table meeting in the Swiss capital, Bern. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef during a round-table meeting in the Swiss capital, Bern. (SPA)
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Saudi-Swiss Officials Meet in Bern to Promote Industrial Cooperation

Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef during a round-table meeting in the Swiss capital, Bern. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef during a round-table meeting in the Swiss capital, Bern. (SPA)

A meeting between Saudi and Swiss officials was held on Thursday in the capital Berne where talks focused on promoting cooperation between the two countries at the industrial and mining levels, and increasing non-oil exports.

The round table meeting was chaired by Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef, and Helene Budliger Artieda, Swiss minister of state for economic affairs.

The meeting was held in the presence of more than 15 major Swiss companies.

The two sides reviewed promising investment opportunities in these sectors in accordance with the objectives of "Saudi Vision 2030" and the national strategy for industry, which aims to expand the industrial base in the Kingdom.

Al-Khorayef’s visit to Switzerland aims to promote growth opportunities between the two countries in a number of promising industries, increasing access to Saudi non-oil exports to European markets, and attracting qualitative foreign investments in targeted sectors.

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Report: EU to Vote on Oct 4 to Finalize Tariffs for China-made EVs

A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
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Report: EU to Vote on Oct 4 to Finalize Tariffs for China-made EVs

A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)

The European Union is planning to vote on whether to introduce tariffs as high as 45% on imported electric vehicles made in China on Oct. 4, Bloomberg News reported on Saturday, citing people familiar with the matter.
Member states have received a draft of the regulation for the proposed measures, the report said, adding that the new date could still change.
According to the report, the vote among the bloc's member states was slightly delayed amid last-minute negotiations with Beijing to try to find a resolution that would avoid the new levies.
The European Commission did not immediately respond to a Reuters request for comment.
The European Commission is on the verge of proposing final tariffs of up to 35.3% on EVs built in China, on top of the EU's standard 10% car import duty.
The proposed final duties will be subject to a vote by the EU's 27 members. They will be implemented by the end of October unless a qualified majority of 15 EU members representing 65% of the EU population votes against the levies.