SAUDI ARABIA

Al-Qasabi: Thai PM visit highlights Saudi Arabia's keenness to strengthen ties with countries of world

January 26, 2022
Minister of Commerce Dr. Majid Bin Abdullah Al-Qasabi.
Minister of Commerce Dr. Majid Bin Abdullah Al-Qasabi.

RIYADH — The Minister of Commerce Dr. Majid Bin Abdullah Al-Qasabi, has affirmed that the visit of the Prime Minister and Minister of Defense of the Kingdom of Thailand, Gen. Prayut Chan-ocha, to Saudi Arabia comes within the framework of the Kingdom's keenness to strengthen joint relations and build bridges of communication with all countries of the world.

In a statement to the Saudi Press Agency (SPA), he added that the leadership of the two countries has a serious desire to continue consultation and coordination at all levels, especially trade and investment, and to enhance joint cooperation that achieves ambitions and aspirations.

Dr. Al-Qasabi stressed the importance of the effective role of the private sector in developing relations with all countries of the world, by taking advantage of investment opportunities and advantages and working hard to overcome all obstacles to the establishment of joint commercial and industrial projects.

The volume of trade exchange between Saudi Arabia and Thailand in the past five years (2016-2020) amounted to SR130 billion, while the Kingdom's non-oil exports to Thailand exceeded the two billion riyals barrier during the year 2020.

The products of mineral, chemical and aluminum topped the list of the most important exported commodities, while the most prominent imported commodities are cars and their parts, machinery, wood and its products. — SPA


January 26, 2022
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