Singapore industries keen to advance links with KSA

1398799498078844900.jpg29/04/2014 (Arab News – KSA): Lee Yi Shyan, Singapore’s senior minister of state for trade and industry and national development, will visit Saudi Arabia from May 5 to 7, said Abdullah Al- Meleihi,chairman of the Saudi-Singapore Business Council He said the visit highlights the depth of economic relations between the two countries. The trade volume between the two countries touches SR52 billion ($13.8 billion).  Last year, Saudi Arabia was Singapore’s second largest trading partner in the Middle East. Al-Meleihi said that Singapore aims to promote mutual cooperation in the field of security. In December 2012, he said Deputy Prime Minister Teo Chee Hean signed a memorandum of understanding with the Kingdom. He said Shyan will also visiting Riyadh as co-chair of the meeting of the Joint Committee for the Free Trade Agreement between the GCC and Singapore with Hamad Al-Bazie, deputy Saudi finance minister…



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