Saudi- Russian Joint Committee Approves Many Steps to Promote Economic, Investment Cooperation Moscow 2

  • 2/5/2023
  • 18:57
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With regard to the Foreign Ministry, the two sides suggested that the two sides begin negotiations on a convention to facilitate the granting of visas for investors and businessmen, to be formulated and prepared by the foreign ministries of the two countries. On of food and medicine, the two sides discussed through the General Authority for Food and Drug Administration of Saudi Arabia and the Public Authority for Agricultural Quarantine and Veterinary of the Federal Republic of Russia, exporting meat, meat products, poultry meat products, sheep meat and their products, processed food and fish products to the UK. The two sides agreed that the Russian side will prepare a technical questionnaire following filling it, to the General Authority for Food and Drug Administration to complete the lifting of the temporary ban on imports of Russian meat and meat products. The final record for the fourth session of the Russian Committee of Saudi Arabia, which concluded in Moscow today also discussed issues related to the General Authority for Investment, where the two sides agreed to form a monitoring committee operating under the framework of the wider committee, divided into trade and investment teams, on a level of representation at least, at undersecretary of a related department, and a working team to follow up on the decisions of the present proceedings. On the Ministry of Commerce and Industry, the Russian side recommended to form a joint aluminum industry team, with participation of delegates from the competent authorities and national and operators in the two countries, in order to find mechanisms to work on the stability of prices, in the global aluminum industry, which is witnessing a severe crisis due to low prices and increased supply. -- SPA 02:14 LOCAL TIME 23:14 GMT www.spa.gov.sa/w

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