Argentina's export agreement with Saudi Arabia advances

Argentina’s export agreement with Saudi Arabia advances

Photo: Press.

The Secretary of Development Planning and Federal Competitiveness of the Ministry of Economy, Jorge Nemetogether with the Argentine ambassador in Arabia, william nielsenheld a working meeting on Thursday with the Deputy Minister of Agriculture of the Kingdom of Saudi Arabia, Mr. Manosur bin Hilal Al Mushaitito advance in a long term agreement and of important volumes for Argentina to be a supplier of fodder, food, fruit and oils. In turn, progress was made on the possibility for the Kingdom of Arabia to commit the necessary investments to pre-finance with agreements of 25 to 30 years of term the development of new productive regions under irrigation and to favor the export of food.

Jorge Neme explained that these advances will translate into works and programs to favor the productive and water development of different regions of the country. “The National Government has the decision to strengthen the presence in each of the provinces, accompanying producers and ensuring financing for the execution of water works”. Secretary Neme delved into the strategic importance that the Kingdom of Saudi Arabia attaches to the agreement with Argentina for the provision of food, and the importance for Argentina of reaching agreements that transcend the situation and advance the productive development of the country in the medium and long term.

Photo Press
Photo: Press.

The meeting is part of the trade mission headed by Jorge Neme and the Mining Secretary, Fernanda Avila, along with the Governor of Catamarca, Raul Jalil; which already had meetings with top-level officials from the Kingdom of Saudi Arabia such as the Minister of Industry and Mineral Resources, Bandar Al-Khorayef; with Mr. Yazeed Al-Humied, Deputy Governor and Investment Director of the Kingdom Public Investment Fund; and with the Minister of Transportation, Aleh Bin Nasser Al-Jasser.

Likewise, the agenda includes a meeting with companies from Saudi Arabia suggested by the Vice Minister of Agriculture, Ing. Manosur bin Hilal Al Mushaiti, who have the purpose of making agreements with Argentine businessmen for the exchange of food trade.

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