Axar.az
UP
21 September 2018


Saudi Arabia pledges to invest $10bn in S. Africa

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

According to the Presidency Ramaphosa met with Crown Prince Mohammed bin Salman in the port city of Jeddah.

Axar.az reports citing SANA.

They discussed the status of their countries' bilateral relations and accepted to increase investment and trade relations.

South Africa imports 47 percent of its oil from Saudi Arabia and regards the country as a strategic partner in the Middle East.

“The country is also a large investor in South Africa, especially in the area of renewable energy,” the statement said.

Total trade between the two countries amounted to more than R55 billion ($4.1 billion) in 2017.

Ramaphosa who took office in February promised to raise $100 billion by wooing investors.

On Wednesday Ramaphosa visited Nigeria and on Friday he will be in the United Arab Emirates (UAE).

Date
2018.07.12 / 22:35
Author
Axar.az
Comments
See also

Vietnam president dies of incurable disease

Kremlin refutes claims

UK warns EU to soften on Irish border

Lavrov calls U.S. sanctions

Trump commented about Nagorno

Argentine MP requests Putin’s help

Angela refuses to shake hands with Theresa

Vice-speaker of Russian State Duma visiting Azerbaijan

Vietnam President Quang dead

Skripal poisoning case at UN Security meeting

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla