Bilateral trade exchanges between Saudi Arabia and Sweden have reached approximately SR4 billions ($1.06 billion), latest statistics showed. The ties would be further strengthened with first visit of Stockholm Governor Gustav Unckel and his team who were invited by Prince Salman Bin Abdul Aziz, Emir of Riyadh, to discuss the recent bilateral ties between the two states. After visiting Riyadh, Unckel with his entourage, visited the JCCI on Tuesday night. “I think the best fruit of such a visit is the establishment of the Business Council to support the commercial exchanges between the Kingdom and Sweden. The Council will also enhance the Kingdom's market by importing the latest Swedish technologies in many different fields including industrial, agricultural, food production and construction.” “I agree with my Saudi partners that the Saudi-Swedish bilateral trade exchange is still weak and small. We need to enlarge our exports to Saudi Arabia in all sectors like petrochemicals, some electronic products, wood industry and steel” Unckel added. Sami Bahrawi, member of the JCCI and the former chairman of the 10th Jeddah Economic Forum and Unckel focused on the recent economic meltdown. In a related development, Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), hosted Unckel and Jan Thesleff, the Swedish ambassador in the Kingdom, on a tour of the Swedish business delegation to KAEC on Nov. 4-5. The delegation is exploring potential opportunities in the mega-project. __
