The Minister of Commerce and Investment Preside the kingdom’s delegation in G-20 Trade Ministers' meeting

 

The Saudi Minister of Trade and Investment Dr. Majed Abdullah Al-Kassabi Preside the kingdom’s delegation that participated the ministerial meeting for Group of Twenty Trade ministers, which was held in Shanghai city in China on Saturday, July 9th, 2016.

The ministerial meeting’s sessions included assertion on the importance of establishing a mechanism to strengthen the trade and investment for the members of the Group of Twenty and support the multilateral trading system.

They also discussed ways to promote the growth of international trade and cooperation to coordinate global investment policies. A special session was held for the development of value-added chains and to encourage greater participation from developing countries in small and medium enterprises.

On the sidelines of the ministerial meeting of His Excellency the Minister of Trade and Investment, Dr. Majed Abdullah Al-Kassabi held bilateral meetings to discuss ways to enhance bilateral cooperation between the Kingdom and the G-20 on all trade and investment levels.

His Excellency also displayed the objectives of Saudi Arabia national transformation program in 2020 and the Saudi Vision 2030 to major Chinese companies and discussed promising investment opportunities in the Kingdom and the facilities provided for them.

Dr. Al-Kassabi met with the Minister of Foreign Trade and Development Cooperation in the Netherlands, the Minister of Indian Foreign Trade, the Minister of Commerce in Turkey,the Minister of Commerce and Investment in UK, Permanent Representative of Canada, Vice President of the International Monetary Fund, the Minister of Trade in the Republic of China, a member of the European Commission Trade, the Indonesian Foreign Trade Minister and the Minister of Commerce and Industry of the Republic of Egypt who was invited to the summit.