Saudi Investment Minister to Visit Greece to Expand Strategic Partnership

Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih. Reuters file photo
Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih. Reuters file photo
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Saudi Investment Minister to Visit Greece to Expand Strategic Partnership

Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih. Reuters file photo
Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih. Reuters file photo

Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih is set to visit Greece on Sunday at the head of a delegation of government officials, representatives of the private sector, and businessmen, the Saudi Press Agency reported.

The three-day visit aims to expand the strategic partnership and enhance investment and trade relations between the two countries, SPA said.

During the visit, the Minister of Investment will meet with a number of Greek officials and executives of major Greek companies. The fifth meeting of the Saudi-Greek Ministerial Committee and the Saudi-Greek Investment Forum will also be held, it said.

The Saudi-Greek Business Council will complete its works and follow-up its activities with the participation of the Federation of Saudi Chambers and the Federation of Greek Companies, aiming to enhance economic cooperation between the two countries, address the challenges facing investors, and exchange information on available investment opportunities, the news agency added.



South Korea, China Industry Ministers Agree to Cooperate in Evolving Global Environment, Seoul Says

Chinese Commerce Minister Wang Wentao attends a meeting with global business leaders at the Great Hall of the People in Beijing, China, March 28, 2025. (Reuters)
Chinese Commerce Minister Wang Wentao attends a meeting with global business leaders at the Great Hall of the People in Beijing, China, March 28, 2025. (Reuters)
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South Korea, China Industry Ministers Agree to Cooperate in Evolving Global Environment, Seoul Says

Chinese Commerce Minister Wang Wentao attends a meeting with global business leaders at the Great Hall of the People in Beijing, China, March 28, 2025. (Reuters)
Chinese Commerce Minister Wang Wentao attends a meeting with global business leaders at the Great Hall of the People in Beijing, China, March 28, 2025. (Reuters)

The industry ministers of South Korea and China met on Saturday to discuss the evolving global trade environment and agreed to cooperate bilaterally as well as on multinational trade forums, the South's industry ministry said.

China's Commerce Minister Wang Wentao is visiting Seoul for a three-way ministerial meeting on Sunday with South Korea's Ahn Duk-geun and Japanese Trade Minister Yoji Muto.

"They held discussions on bilateral cooperation measures and trade issues in response to changes in the global trade environment," the South Korean ministry said in a statement.

The first meeting of the two countries' industry ministers is the first since November 2023 and comes as US President Donald Trump's promised tariffs are expected to impact imports from the two Asian export powers.

Trump has already imposed 20% tariffs on all Chinese imports, saying Beijing has failed to stem the flow of precursors for the addictive opioid fentanyl.

South Korea is bracing for duties that could hit its major exports to the United States, including semiconductors and electric vehicle batteries. Ahn has said a 25% tariff on autos unveiled this week by Trump was expected to create "considerable difficulties" for South Korean automakers.