Advisory: Please note this news item is repetition of item No 26 for correction:

  • 2/5/2023
  • 23:24
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Crown Prince Chairs Cabinet's Session 4 Riyadh Fourth: The Council of Ministers authorized Minister of Finance - or his deputy - to sign with the Treasury Department of the United States a draft agreement between the Government of the Kingdom of Saudi Arabia and the Government of the United States to improve international tax compliance and implementation of Tax Compliance Act of Foreign Accounts (FATCA) and then submit the final signed version to complete the statutory procedures. Fifth: The cabinet approved a memorandum of understanding for technical cooperation between the Ministry of Petroleum and Mineral Resources of the Kingdom of Saudi Arabia and the Ministry of Energy and Mineral Resources of the Hashemite Kingdom of Jordan in the fields of geology and mining signed in Amman on 10/03/1434 AH. Among the most prominent contents of this memo are: 1- Preparation of programs and workshops for joint training, transfer of technology, exchange of experiences in the field of geological and geophysical works and modern techniques used in research and exploration of mineral and non-ferrous ores and their evaluation and exploitation. 2- Training of geologists and mining engineers in the field of good exploitation of minerals and the reduction of environmental damage resulting from mining activities. --More 16:03 LOCAL TIME 13:03 GMT www.spa.gov.sa/w

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