KSA: $ 266-Million-Worth of Fish Exports in 2017

KSA: $ 266-Million-Worth of Fish Exports in 2017
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KSA: $ 266-Million-Worth of Fish Exports in 2017

KSA: $ 266-Million-Worth of Fish Exports in 2017

Saudi Arabia’s Ministry of Environment, Water and Agriculture revealed that the volume of exports of fish farming projects produced in 2017 exceeded 37,000 tons, valued at one billion riyals ($ 266.6 million).

Undersecretary Ahmed bin Saleh Al-Ayedah said the 35,000 tons of fish were exported mainly to Asian markets, topping all other exporting countries.

He pointed out that the increase in exports reflected progress brought about by the National Transformation 2020, which put out a strategy to raise production at fish farms to 100 thousand tons by 2020.

“Saudi Arabia was followed by Europe, Arab countries and the USA), he said.

The ministry has reviewed over 50 investment and commercial opportunities in a number of sectors at a business held in Al-Qassim Region.

The forum’s objective was to create a promising investment environment for sustainable development by offering opportunities in environment, water and agriculture sectors. It also worked on facilitating communication between investors and receiving outlets.

Most notably, the forum briefed investors on the ministry’s plan-of-action for the sector.

Ayedah also revealed the completion of the equipment needed to start the Saudi GAP system to improve agricultural practices in the Kingdom.

Saudi GAP, responding to the Kingdom’s agricultural requirements and after completing preparations for the launch of SGAP, will regulate agricultural practices, guaranteeing safe and healthy agricultural products while maintaining the integrity of farms and environmental resources.

The system was prepared in accordance with the best international standards and benefited from successful experiences in the world. A delegation from the ministry headed by Saudi Al-Jaber visited the Ministry of Agriculture, Forestry and Fisheries in Tokyo, Japan, for the implementation of the Japanese JGAP system and its regulations.



Trump’s Tariffs Mean Europe Must Take Control of Its Future, Says ECB's Lagarde

European Central Bank (ECB) President Christine Lagarde arrives to address a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on January 30, 2025. (AFP)
European Central Bank (ECB) President Christine Lagarde arrives to address a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on January 30, 2025. (AFP)
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Trump’s Tariffs Mean Europe Must Take Control of Its Future, Says ECB's Lagarde

European Central Bank (ECB) President Christine Lagarde arrives to address a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on January 30, 2025. (AFP)
European Central Bank (ECB) President Christine Lagarde arrives to address a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on January 30, 2025. (AFP)

The likely implementation of tariffs imposed by the United States on April 2 means Europe will have to take better control of its future, European Central Bank (ECB) head Christine Lagarde said on Monday.

"I've tried to describe this as a moment for our Europe... and I see it as the start of a march towards independence," Lagarde said in an interview on France Inter radio

"He calls it Liberation Day in the United States. I see it as a moment when we must together decide to take better control of our destiny, and I think it's a step towards independence."

Trump is set to announce a comprehensive tariff proposal on what he's called "Liberation Day" this Wednesday, after implementing levies on aluminium, steel, and automobiles, along with increased tariffs on all goods from China.

"He's someone who always takes a transactional approach. He applies this kind of principle, which is more in the realm of business, to the management of international relations," Lagarde said.

The ECB President reaffirmed her estimate of a decrease of about 0.3 percentage points for Europe in the first year of tariffs on US imports from Europe.

She added that if Europe responds with reciprocal measures, growth will be even lower, down 0.5 percentage points.