Saudi Assistant Minister holds defense cooperation talks in Pakistan    GACA fines for civil aviation violations exceed SR5.3 million in Q1    NMDC showcases innovation and saustainability at AACE conference    Attack sends message to Iran but Israelis divided over response    Children among seven dead in Russian strike on Dnipropetrovsk region    US vetoes Palestinian attempt to gain statehood at the United Nations    Saudi Arabia expresses regret over UN Security Council's decision on Palestinian membership    Beijing half marathon: Top three stripped of medals after investigation    Taylor Swift releases surprise double album    Markets rocked as US says Israel has struck Iran    Centuries-old defensive moat and fortification wall unearthed in Historic Jeddah    Dhul Qadah 29 is the last day for Umrah pilgrims to leave the Kingdom 90-day duration of visa begins from the date of entering the Kingdom; Hajj Ministry clarifies    'Saudi hospitality sector to generate SR42 billion investments and 120,000 jobs by 2030'    Poignant shot from Gaza wins World Press Photo of the Year 2024    Saudi Pro League postpones Al-Hilal vs. Al-Ahli match; Al-Ahli rejects rescheduling    50% traffic fine reduction takes effect    Al Ain ends Al Hilal's record streak with a 4-2 win in AFC Champions League semi-final    'Zarqa Al Yamama': Tickets now available for Saudi Arabia's first opera premiering April 25    Turki Alalshikh announces groundbreaking 5 vs 5 Riyadh Season bout featuring international boxing stars    Diriyah Biennale Foundation announces shortlist for AlMusalla Prize, set to revolutionize musalla architecture    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi- Russian Joint Committee Approves Many Steps to Promote Economic, Investment Cooperation
Published in Saudi Press Agency on 27 - 11 - 2015

Saudi-Russian Joint Committee for trade, economic, scientific and technical cooperation, recommended, in its final minutes, at the conclusion of its work, the need to work in the fields of energy, oil and gas, peaceful use of nuclear energy and speed up the consensus on the draft memorandum of understanding, in the field of cooperation between the Ministries of Agriculture of the two countries.
Saudi side delegation demanded from the Russian side also to study reduction of customs tax on products of Saudi SABIC polypropylene, Polyethylene of low and high density to the proportion of zero%.
The closing record for the work of the Committee, which was held under the chairmanship of the Governor of the General Authority for Investment Engineer Abdullatif bin Ahmed Al-Othman and the Russian Energy Minister Alexander Novak, included several issues and topics, such as cooperation in the field of energy, where the Russian side showed the desire of several companies to cooperate with their counterparts in Saudi Arabia, to provide geophysical services, the supply, design and installation of oil and gas projects and other security technology systems, including alternative energy projects and to provide services supply of equipment and construction of oil and gas plants via turnkey system, in addition to the provision of services relating to oil and gas.
In the domain of peaceful use of nuclear energy, the two sides welcomed the co-signing of cooperation agreement on the peaceful use of nuclear energy between the Government of the Russian Federation and the Government of the Kingdom of Saudi Arabia, on June 18, 2015.
The two sides showed interest in a joint deal within the framework of this Convention, in particular: implementation of a nuclear power plant in Saudi Arabia - the implementation of projects in the field of nuclear desalination technologies - cooperation in the field of radioactive technology and nuclear medicine.
The Russian side will submit a request to the Saudi side in the first quarter of 2016. Organize a visit of a Saudi delegation to explore and get to know some Russian nuclear sector. Organizing a forum on Russian nuclear technology, in Riyadh.
The Saudi side said it will study the Russian request, as the national company Rosatom reported its wish to strike a partnership with the Public Investment Fund of Saudi Arabia, in joint ventures, in a third country.
-- more
02:13 LOCAL TIME 23:13 GMT
تغريد


Clic here to read the story from its source.