2004 News Story

Saudi-Ukrainian Joint Commission holds successful talks in Jeddah

Minister of Finance Dr Ibrahim Al-Assaf met in Jeddah today with Ukraine’s Minister of Economy Mykola Derkach, and reviewed aspects of economic and commercial cooperation between the two countries. The Saudi-Ukrainian Joint Commission ended its first session today under the co-chairmanship of Minister Derkach and Minister of Commerce and Industry Dr Hashim Yamani, who in his address commented on the importance of organizing exhibitions, seminars, and exchange visits between Saudi and Ukrainian businessmen, and implementing joint investment projects. Agreement had been reached, he said, on cooperation in the areas of education, culture and information, as well as science and technology, oil and gas, telecommunications, and shipping; and on the establishment of a business council to promote economic relations.