GCC, South Korea Conclude 5th Round of FTA Negotiations

A night view of Riyadh, Saudi Arabia.
A night view of Riyadh, Saudi Arabia.
TT
20

GCC, South Korea Conclude 5th Round of FTA Negotiations

A night view of Riyadh, Saudi Arabia.
A night view of Riyadh, Saudi Arabia.

The Gulf Cooperation Council (GCC) and South Korea concluded in Riyadh on Thursday the fifth round of negotiations on a free trade agreement (FTA), reported the Saudi Press Agency.

The two sides launched their negotiations on June 6, during which they tackled many topics aimed at increasing the flow of intra-trade, boosting investments, and opening global markets to the exports of the GCC member states.

General Coordinator of Negotiations and Head of the GCC Negotiating Team, Abdurrahman bin Ahmed Al-Harbi stated that such agreements are in line with the directives of the leaders of GCC member states that aim at strengthening the position of the Council and supporting its strategic relations with its partners around the world.

He said the agreement, which is under negotiation, will help bolster common gains, stimulate economic, commercial and investment growth in the GCC countries, support entrepreneurship and strengthen the business sectors in the GCC countries.



Saudi Crown Prince Discusses Relations with Presidents of Maldives, Mauritania

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, meets with President of the Maldives Dr. Mohamed Muizzu in Mina on Saturday. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, meets with President of the Maldives Dr. Mohamed Muizzu in Mina on Saturday. (SPA)
TT
20

Saudi Crown Prince Discusses Relations with Presidents of Maldives, Mauritania

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, meets with President of the Maldives Dr. Mohamed Muizzu in Mina on Saturday. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, meets with President of the Maldives Dr. Mohamed Muizzu in Mina on Saturday. (SPA)

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, held separate talks in Mina on Saturday with President of Mauritania Mohamed Ould Cheikh El Ghazouani and President of the Maldives Dr. Mohamed Muizzu.

The meetings focused on bilateral relations and prospects for deeper cooperation between their countries.

The leaders also exchanged greetings on the occasion of Eid al-Adha.