Oslo, Riyadh Look to Boost Trade, Cooperation in Green Energy, Aquaculture Fields

Norwegian Ambassador to Saudi Arabia Thomas Lid Ball (Asharq Al-Awsat)
Norwegian Ambassador to Saudi Arabia Thomas Lid Ball (Asharq Al-Awsat)
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Oslo, Riyadh Look to Boost Trade, Cooperation in Green Energy, Aquaculture Fields

Norwegian Ambassador to Saudi Arabia Thomas Lid Ball (Asharq Al-Awsat)
Norwegian Ambassador to Saudi Arabia Thomas Lid Ball (Asharq Al-Awsat)

A Norwegian diplomat revealed that his country is actively seeking to enhance economic cooperation with Saudi Arabia, particularly in the fields of green energy and aquaculture, amid ongoing efforts to increase trade and investment, highlighting the deep bilateral relations.

Thomas Lid Ball, Norway's ambassador in Riyadh, expected that the coming years would witness further advancements on all fronts.

Ball drew attention to the promising investment opportunities presented by Saudi Arabia’s Vision 2030.

He also emphasized the strong desire of numerous Norwegian investors to operate in the Saudi market and take advantage of the vast opportunities it offers as one of the largest markets in the region.

Speaking to Asharq Al-Awsat, Ball anticipated an increase in activities and meetings between business sectors, as well as an exchange of visits by trade delegations.

This aims to explore investment opportunities in both Norway and Saudi Arabia, enhance trade and investment cooperation, and capitalize on the promising prospects available in various sectors for developing business partnerships.

Moreover, Ball highlighted Saudi Arabia’s economic advancements and its favorable investment environment, emphasizing the efforts to explore significant opportunities for economic cooperation between Norway and the Kingdom.

This extends beyond the oil and gas sectors to encompass healthcare, tourism, seafood industries, aquaculture, maritime industries, renewable energy, solar energy, and water sectors.

Ball reiterated his commitment to work towards achieving development and further enhancing bilateral trade relations.

He also anticipated the entry of new Norwegian companies into the Saudi market.

Ball stated that there are significant opportunities in the Kingdom that are currently undergoing a phase of transformation and development for sustainable growth. He emphasized the potential for expanding cooperation in various industries, including the seafood sector.

The diplomat clarified that Norway has made significant strides in the aquaculture industry, producing over half of the world’s farmed Atlantic salmon.

These salmon are exported to more than 100 countries, with total Norwegian salmon sales to Saudi Arabia reaching $27 million in 2019.



UN Coordinator in Syria: Optimistic About Reconstruction if Transition Succeeds

UN Resident and Humanitarian Coordinator in Syria Adam Abdelmoula (Asharq Al-Awsat)
UN Resident and Humanitarian Coordinator in Syria Adam Abdelmoula (Asharq Al-Awsat)
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UN Coordinator in Syria: Optimistic About Reconstruction if Transition Succeeds

UN Resident and Humanitarian Coordinator in Syria Adam Abdelmoula (Asharq Al-Awsat)
UN Resident and Humanitarian Coordinator in Syria Adam Abdelmoula (Asharq Al-Awsat)

Since 2012, the United Nations Resident Coordinator's developmental role in Syria has been put on hold by the UN. However, the fall of former president Bashar al-Assad’s regime has revived this role.

In an interview with Asharq Al-Awsat, Adam Abdelmoula, the UN Resident and Humanitarian Coordinator in Syria, outlined plans for reconstruction in partnership with the new government in Damascus.

Abdelmoula expressed “great optimism” about Syria’s rebuilding but stressed that the key to rapid recovery is the “success of the transition.”

He explained that this means the transitional period—until a new constitution is agreed upon and an elected government is formed—must be secure and supported by consensus among all Syrians.

Additionally, momentum is building for Syria’s reconstruction, with Gulf Cooperation Council (GCC) countries proposing an international donor conference next spring to raise funds.

Abdelmoula said the UN is consulting with the new Syrian administration to prepare projects and cost estimates for the event.

The UN is preparing aid and technical support for Syria’s new administration, along with a development plan focusing on rebuilding infrastructure, restoring electricity, reviving health services, and supporting agriculture and irrigation to boost the economy.

“We’ve informed the new administration of our work through a letter sent to the foreign minister,” said Abdelmoula.

He told Asharq Al-Awsat that the UN’s “early recovery strategy,” launched last November, is still in place, though its fund has yet to be registered with the trust fund office in New York.

He promised to prioritize its registration and said: “When reconstruction begins in Syria, we will work to establish a dedicated reconstruction fund.”

As for relying on donors for rebuilding Syria, Abdelmoula said: “The UN doesn’t have the billions of dollars needed, but lessons from similar crises show the importance of focusing on strategic priorities, especially rebuilding the economic foundations.”

Abdelmoula noted that UN agencies can secure funding from donors who support development activities in various countries, a process that had been stalled in Syria for over a decade.

“Since the fall of the Syrian regime, many countries, particularly Arab and neighboring ones, have provided significant aid, and this is expected to increase,” he said.

“There are also positive signals from donors, especially Europeans, about boosting humanitarian aid, including continuing the annual Brussels Conference to support Syria,” added Abdelmoula.

He revealed that the mission has learned the European Union will resume hosting the conference this year, despite the fall of Assad’s regime.

The UN official addressed Syria’s sanctions, stating that those harming the Syrian people should be lifted.

He noted that the recent Riyadh meeting showed a strong intention from key international players to ease or fully lift the sanctions.

Abdelmoula pointed out the US decision to suspend some sanctions for six months and mentioned an upcoming EU foreign ministers' meeting to discuss either lifting or easing sanctions to support Syria’s economy, humanitarian aid, banking, and market access.

He explained that some sanctions are imposed by countries like the US, Germany, France, and the UK, which are discussing the best way forward. However, he said fully lifting sanctions may take time due to laws like the US Caesar Act.

Abdelmoula stressed that efforts should focus on reducing the impact of sanctions under the Caesar Act and working to pass new legislation to cancel it. He said this should also apply to sanctions from other countries in the form of laws.

He explained that lifting sanctions would make it easier for the UN and help both the Syrian government and people. A direct benefit would be Syria’s ability to access direct funding, concessional loans from international funds and the World Bank, and grants.

Abdelmoula explained that the UN’s humanitarian work in Syria focuses on helping people in need, regardless of which political group controls the area.

“Our efforts have included people in regions outside the former regime's control in northwestern and northeastern Syria,” he said.

As the UN Resident Coordinator, Abdelmoula represents the UN in the country.

“The government recognized until December 8 was Bashar al-Assad’s, which is why my credentials were sent to it, as is the usual practice,” he noted.

Abdelmoula also pointed out that the UN’s development work in Syria was halted since 2012 due to a UN decision.

“After the regime fell, we announced that we would resume our development work,” he affirmed.