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Saudi
Arabia - World Trade Organization
Accession |
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"..The
accession, approved in principle by the WTO last month, brings to
a close 12 years of tough and complex negotiations.. ..Membership
will bring no overnight changes. The Kingdom, one of the last
major economies outside the WTO, has been changing its commercial
and economic laws over the past few years to comply with the
WTO’s rules.. ..Expectations are that WTO accession will boost
foreign investment in the Kingdom, providing funds for
diversification of the largely oil-based economy, and bring new
export opportunities for Saudi firms, especially in the
petrochemical industry.."
[more]
"Saudi
Arabia: Friend or Foe in the War on Terror" |
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"..Let
me begin my testimony with an important caveat. Saudi Arabia is no
more perfect than any other country. Like us, Saudi Arabia has
made many mistakes in dealing with terrorism, in foreign policy,
and managing its domestic affairs. There are many areas where
leading Saudis recognize that Saudi Arabia needs major reforms,
and these include education and ensuring that clerics recognize
their responsibility to preach tolerance, the value of other
faiths and branches of Islam, and the dangers of violence and
terrorism. I have spoken and written about these needs for reform
on many occasions over many years -- as, for that matter -- have
many Saudis.." [more]
Prince
Turki al Faisal, Ambassador to US, on the Scourge of
Terrorism |
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"..Terrorism
is not the exclusive domain of one people. It does not belong to
one time or to one place. The challenge posed by Al-Qaeda is
that unlike other terrorist organizations, it has no one declared
enemy, and no one focus. Al-Qaeda has pitted itself against the
whole of humanity.. ..Extremism is the mantra of a few, of a tiny
group whose minds have been twisted and turned to serve an evil
agenda. They have left logic, reason and compassion behind. They
do not belong to any nationality or any faith. They have
disconnected themselves from nations and peoples, from any true
faith, and from humanity as a whole.."
[more]
US-Saudi
Strategic Dialogue |
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The
inaugural session of the US-Saudi Arabia Strategic Dialogue was
held November 13, 2005 in Saudi Arabia between
delegations led by US Secretary of State Condoleezza Rice and
Saudi Foreign Minister Saud
al Faisal. The dialogue, a product of the summit between
President George Bush and King, then Crown Prince, Abdullah bin
Abdulaziz, at the Western White House, Crawford,
Texas in April 2005, provided an opportunity for high level
review of strategic issues of vital importance to the two
countries. The first session of the dialogue was
summarized during a press availability which we provided to you as
a SUSRIS Item of Interest (click
here for more).
Other
reports on the opening session of the "Strategic
Dialogue" included:
-
U.S.,
Saudi Arabia Inaugurate New 'Strategic Dialogue' (Washington
Post)
With skepticism still deep on both sides four years after the
Sept. 11 attacks, the United States and Saudi Arabia on Sunday
inaugurated a new "strategic dialogue" to expand
cooperation on six key issues, including terrorism and energy..
..The goal of the dialogue, which emerged out of Saudi King
Abdullah's visit to President Bush's ranch in Crawford, Tx.,
last April, is to launch institutions and regular meetings
every six months at senior levels to address problems that now
rely heavily on personal relationships and ad hoc contacts,
according to Saudi and U.S. officials.. ..The six new
U.S.-Saudi groups will instead focus on counterterrorism,
military affairs, energy, business, education and human
development, and consular affairs.
." [more]
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Saudi-US
Dialogue Opens (Arab News)
"The dialogue is the beginning of what President Bush and
King Abdullah described as a new era of “strengthening
partnership that builds on our past, meets today’s
challenges and embraces the opportunities our nations will
face in the next sixty years.” The Strategic Dialogue
will be chaired by Secretary Rice and Foreign Minister Prince
Saud and include senior officials from a number of departments
and ministries in both countries. They will meet every six
months, alternating in Saudi Arabia and the United States, to
discuss issues of strategic importance to the two countries.."
[more]
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U.S.,
Saudi Arabia Convene First Strategic Dialogue (State Dept.)
"The administration views the [U.S.-Saudi] relationship
as one that is broad and where we have many common interests
and where we are acting on those interests," Rice said at
a November 13 joint press conference.." [more]
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Saudi
Arabia, US vow to fight terror, rebuild Iraq (Xinhua)
"Saudi Arabia and the
United States vowed on Sunday to strengthen cooperation in
fighting terrorism, rebuilding Iraq and reviving the
Israeli-Palestinian peace process, according to reports reaching
here.. .. During
a joint news conference with visiting US
Secretary of State Condoleezza Rice in Saudi Red Sea port city of
Jeddah, Saudi Foreign Minister Prince Saud al-Faisal said the two
sides have agreed to further cooperate in the battle against
terrorism, pledging more anti-terrorism measures.." [more]
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Saudis
pledge $1 billion for Iraq aid (CNN)
"Saudi Arabia's foreign minister said he is less worried
that U.S. policies in Iraq will bring on a civil war there, and
pledged anew to contribute $1 billion for rebuilding that
war-ravaged country's shattered infrastructure.. .."My fears are much
more eased," Prince Saud al-Faisal said Sunday following
meetings with Secretary of State Condoleezza Rice.." [more]
Aramco
Educators to Saudi Arabia Program |
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Applications are now
available to participate in a fully-funded ten-day study tour of
Saudi Arabia. Sponsored by Aramco Services Company, this
professional development opportunity is open to full-time social
studies teachers and library media specialists in grades 1-12.
Interested individuals
can download an application at: http://www.iie.org/programs/aramco
. The application deadline is November 28, 2005.
The Aramco Educators to
Saudi Arabia Program will examine Saudi education, culture,
history and global relations through site visits, panel
discussions and cultural activities in the cities of Dhahran,
Riyadh and Jeddah from February 14 - 28, 2006.
Aramco Educators to
Saudi Arabia Program
Institute of International Education
1400 K St., NW, Suite 650
Washington, DC 20005
Phone:1-800-671-0130
Email: [email protected]
Visit the website at http://www.iie.org/programs/aramco
[For
more on these stories and for more in the SUSRIS news archive CLICK
HERE]
U.S., Saudi Arabia Inaugurate New 'Strategic Dialogue'
[Nov 13]
"With skepticism still deep on both sides four years after the Sept. 11 attacks, the United States and Saudi
Arabia on Sunday inaugurated a new "strategic dialogue" to expand cooperation on six key issues, including
terrorism and energy.. ..The Bush administration has been under pressure from both Republicans and Democrats
to win greater cooperation from the oil-rich kingdom.."
Sultan Calls for Strengthening GCC Forces [Nov 13]
"Crown Prince Sultan, deputy premier and minister of defense and aviation, yesterday inspected the Peninsula
Shield force stationed in Hafr Al-Batin and called for strengthening armed forces in the GCC countries.
'We are looking for progress in everything that would lead to the unity of ranks and improving standards of
armed forces in the Gulf countries in general'.."
Kingdom Bans Import of All Birds [Nov 13]
"A royal decree has been issued banning the import into the Kingdom of all kinds of birds. The decree is part
of the efforts to prevent an outbreak of bird flu in the Kingdom.. ..The Saudi moves came after reports that a
bird in Kuwait was infected by the deadly H5N1 strain, the first confirmed case in the Gulf.."
Saudi Arabia Has Won Key Concessions From WTO [Nov
13]
"Saudi Arabia, which was officially admitted to the World Trade Organization on Friday, has won substantial
concessions from WTO members.. ..Many Saudis, however, want to know more about the terms and conditions of the
WTO agreement. Economist Muhammad Al-Qahtani asked the Ministry of Commerce and Industry to give a clear idea
of the agreement, saying that most Saudis are ignorant of it.."
Forum Focuses on New Water, Power Technologies [Nov
13]
"The first conference in Saudi Arabia on water issues was highlighted on its first day with the signing of a
memorandum of understanding between a British and a Saudi company worth $50 million on its initial stage for a
sewage and water treatment project in Jeddah.."
Saudi Arabia May Sell Desalination Plants to Meet Water Demand
[Nov 13]
"Saudi Arabia, the world's largest desalinated water producer, may sell off its treatment plants to help
generate the $53 billion it estimates is needed to meet the nation's increasing demand for water by 2020..
..The kingdom's demand for water is forecast to triple in the next 15 years.."
Rice arrives in Saudi Arabia [Nov 12]
"US Secretary of State Condoleezza Rice, accompanied by a delegation of officials, arrived in the Saudi Red Sea city of Jeddah on Saturday.. ..Rice is due to head the US delegation at scheduled meetings of the Saudi-US commission.."
Kingdom Wins WTO Membership [Nov 12]
"The World Trade Organization yesterday approved Saudi Arabia’s bid to become the 149th member of the global
group after its Executive General Council endorsed that the Kingdom had met its conditions. The trade body’s
executive rubber-stamped the Kingdom’s entry after 12 years of tough, on-off negotiations.."
Riyadh Set to Host Avian Flu Conference [Nov 12]
"The Kingdom’s capital city will host an international bird flu conference on Nov. 21-22 at the direction of
Custodian of the Two Holy Mosques King Abdullah.. ..more than 300 doctors and specialists will attend the
conference, which will be held in association with the ministries of health, agriculture and
Haj.."
Saudi Stock Index Breaks 16,000-Point Barrier [Nov
12]
"The Saudi stock index broke the 16,000-point barrier as the Tadawul All-Share Index (TASI) closed on Thursday
at an all-time high of 16,077.38.. ..The index gained over 1,000 points in 6 trading days .."
WTO Approves Saudi Arabia's Bid [Nov 11]
"The World Trade Organization on Friday approved Saudi
Arabia's bid to become the 149th member of the global body,
winding up a twelve year negotiation process slowed by the
country's participation in the Arab Leagues boycott of Israel.."
Saudi
Arabia’s Oil Expansion Plan May Face Delay [Nov 11]
"Saudi Arabia may fall behind its schedule to raise output
capacity by 1.5 million barrels per day (bpd) by 2009 due to
shortages of oil rigs and equipment.. ..the kingdom has the oil in
the ground, political will and cash to ramp up output. But a
shortage of equipment could leave state oil firm Aramco
two-to-three years behind its plan to lift capacity to 12.5
million from 11 million bpd now.."
Embassy Row: Saudi Arabia and US [Nov 11]
"The Saudi ambassador is defending his country against
charges in a Senate hearing this week where witnesses denounced
the kingdom for links to terrorism and for an official form of
Islam that they said spreads hatred toward Americans and moderate
Muslims.."
Saudi National Security Council: Current Role and Future Prospects
[Nov 11]
"King Abdullah’s decision to reorganize the Saudi National
Security Council represents a fresh and sound step toward
upgrading the political and security decision-making mechanisms in
the country. It is a step taken in the context of the
restructuring and developing of state institutions in accordance
with and response to the dramatic changes taking place within the
Kingdom’s domestic, regional and international
environments.."
Flu Fears Hit Chicken Sales [Nov 11]
"Fears of bird flu outbreak have hit chicken sales in Riyadh.
All poultry retail shops, mainly manned by
Bangladeshi, Asian or Arab expatriates, are experiencing a sharp
decline in sales.. ..At the regional level, poultry production was
growing consistently until last month, when the bird flu scare
started to tell on the growth.."
Prince Turki Says U.S. Remarks False [Nov 11]
"Reacting to negative statements released by members of the US Senate at the hearing held Tuesday to discuss
Saudi Arabia s cooperation in fighting terrorism and extremism, Prince Turki Al-Faisal, the Saudi Ambassador
to the US, said that these statements promote false impressions and partial facts.. ..Prince Turki also said
that terrorists are opposed to the Kingdom and to the Saudi people because we strive to push our country
forward.."
Rice Heads for Mideast Today, to Visit Bahrain, Saudi Arabia, Israel
[Nov 10]
"During a whirlwind of diplomatic activity in the Middle East this weekend, Secretary of State Condoleezza
Rice will continue pushing a U.S. agenda of regional economic and democratic reform during meetings in
Bahrain, engage Saudi officials on key bilateral issues in the Kingdom, then try to jump-start the "road map"
toward Palestinian-Israeli peace.."
Investments to Look Up After Formal WTO Accession
[Nov 10]
"..Membership will bring no overnight changes. The Kingdom,
one of the last major economies outside the WTO, has been changing
its commercial and economic laws over the past few years to comply
with the WTO’s rules. Where it has been noticeable and where it
has had the greatest effect so far is in the distribution,
telecommunication, banking and insurance sectors.."
Saudi Stock Index Flirts With 16,000 Points [Nov 10]
"Saudi stocks continued to record new highs as the World
Trade Organization’s general council is all set to give its
final approval to Saudi Arabia’s accession to the WTO as its
149th member in Geneva tomorrow.. ..The Tadawul All Share Index
(TASI), after briefly crossing the 16,000 barrier, closed
yesterday at a record high of 15,999.99.."
1,500 to Participate in Riyadh Forum [Nov 10]
"More than 1,500 economists will participate in the 2nd
Riyadh Economic Forum on Dec. 4.. ..This is an increase of 30
percent over last year’s forum.."
Turki Calls for Global Effort to Fight Terror [Nov 9]
"The newly appointed Saudi ambassador to the United States,
Prince Turki Al-Faisal, yesterday called for increased
international cooperation to combat extremism.. ..The ambassador
called terrorism the biggest single threat to international peace
and stability.."
State Department Says Saudi Arabia Denies Freedom of Religion to Non-Muslims
[Nov 9]
"A State Department report has slammed Saudi Arabia for
denying religious freedom to non-Muslims.. ..The citation could
cause friction between Secretary of State Condoleezza Rice and her
Saudi hosts when she visits the country this week. In September,
she gave the country's rulers 180 days to show progress in the
treatment of religious minorities, or else face sanctions.."
Saudi Arabia: 1.2 Trillion Barrels of Oil ... or More
[Nov 9]
"..Translated into simple terms, Edgell is telling us to
forget about dinosaurs – Saudi Arabia has abundant oil because
the fault pattern under Saudi Arabia permits the abundant oil from
the Earth's mantle to flow upward.. ..Maybe the secretive Saudi's
are telling the truth when they say their oil reserves are
dramatically underestimated.."
Wanted Terrorist Repatriated [Nov 9]
"Saudi Arabia has secured the repatriation of a man who is on
the Kingdom’s list of 36 most-wanted terrorists.. ..The
spokesman did not specify from which country Al-Amri, 28, was
repatriated, nor did he provide any details about the man’s
extradition.."
Saudi Stock Index Hits Another Record High [Nov 9]
"The Saudi stock market continued its relentless surge and
hit another record high when trading began yesterday after a
week-long holiday for Eid Al-Fitr. The Tadawul All-Share Index
(TASI) seemed to head for another milestone of 16,000 as it closed
yesterday at an all-time high of 15,848.94, up 232.29 points or
1.49 percent from Oct. 31 closing.."
JCCI to
Host Anti-Dumping Workshop [Nov 9]
"The Jeddah Chamber of Commerce and Industry (JCCI) in
cooperation with the general secretariat of GCC’s united
chambers and the United Nations Economic and Social Commission for
Western Asia (ESCWA) is hosting a workshop on anti-dumping within
the framework of the World Trade Organization. The workshop will
take place on Nov. 19 and 20 at the JCCI Businessmen’s
Club.."
SR7
Billion Income From Umrah [Nov 9]
"A recent study conducted by the Ministry of Haj revealed
that the income from Umrah this year is estimated at SR7 billion..
..The same study expected that the income will increase to SR18
billion in ten years with the implementation of the current Umrah
system.."
Greek Trade Officials to Visit Saudi Arabia [Nov 9]
"After a gap of 11 years, a 32-member Greek trade delegation
is visiting Saudi Arabia from Nov. 17-24. The Saudi Chambers of
Commerce & Industry is coordinating its visit together with
the Greek Embassy in Riyadh.."
Pakistan, Kingdom to Cooperate Against Terror [Nov 9]
"Saudi Deputy Interior Minister Prince Ahmad and his
high-powered delegation yesterday met with Interior Minister Aftab
Ahmad Khan Sherpao.. ..Saudi Arabia and Pakistan agreed to combat
terrorism besides evolving coordinated efforts to counter
terrorism. Both the delegations met at the Interior Ministry for
more than one hour.."
Ministry Denies Bird Flu Outbreak [Nov 9]
"Ministry of Agriculture yesterday ruled out a possible bird
flu outbreak in the southern part of the Kingdom.. ..The deputy
minister said the birds might have died of Newcastle fever, a
viral disease which affects birds.."
Air Force to Get Modern Aircraft, Says Sultan [Nov 8]
"Crown Prince Sultan, deputy premier and minister of defense
and aviation, has announced plans to strengthen the Kingdom’s
air force and for it to become No. 1 in the Middle East.. ..Last
month, a Saudi Defense Ministry spokesman confirmed that Britain
had expressed a desire to sell Typhoon fighter planes to the
Kingdom.."
Jordanian Company to Open Saudi Office [Nov 8]
"The executive manager of Tashjee Investment Institution,
Maan Al-Nusoor, said that the institution would soon open a branch
in Saudi Arabia. The main job of the new branch will be to provide
information and facilitate Saudi investment in Jordan.."
Eastern Province Gold Sales Reach SR20m [Nov 8]
"Industry statistics indicate that Eastern Province sales of
gold during Ramadan and Eid were SR20 million. Sales of gold began
to increase from the middle of the month before Ramadan.."
Riyadh to Host Energy Forum [Nov 8]
"Riyadh will host an international energy forum next month..
..King Abdullah will attend the opening ceremony along with more
than 20 oil ministers from both oil producing and consuming
countries.."
State Department Set to Cite Saudi Arabia [Nov 8]
"The State Department, in a report being released Tuesday,
cites Saudi Arabia and seven other countries as restricting
religious freedom. The report was being issued as Secretary of
State Condoleezza Rice prepares to travel to Saudi Arabia at the
end of the week as part of a trip to the Middle East, and could be
an irritant in her talks with Saudi officials.."
U.N. Chief to Visit Kingdom [Nov 8]
"UN chief Kofi Annan and US Secretary of State Condoleezza
Rice will visit the Kingdom on separate missions. UN Secretary
General Kofi Annan will arrive in Riyadh Wednesday to hold talks
with King Abdullah.. ..Annan is scheduled to hold talks with King
Abdullah and other senior Saudi officials on issues that include
Middle East Peace Process, stability in Iraq and other regional
matters during his two-day stay in Riyadh.."
New Real Estate Deal in Saudi Arabia [Nov 7]
"A-Sharq Al-Awsat newspaper has recently reported about the
signing of an agreement between the British Bovis Lend Lease and
the British Foster and Partners Urban Planning Company to carry
out a real estate contract in Saudi Arabia valued at $13
billion.."
Poultry Found Dead in Saudi Arabia Sent for Tests
[Nov 7]
"Veterinary authorities in Saudi Arabia were carrying out
tests to determine whether poultry found dead in the kingdom were
infected with the bird flu virus, the Al-Riyadh newspaper
reported, quoting Saeed bin Misfir Al-Kahtani, director of the
agriculture ministry office in Sarat Abida. He said samples from
the poultry at a farm in southwestern Saudi Arabia have been sent
to the laboratory for tests.."
Saudi Banks Invest in Gulf Markets [Nov 7]
"Saudi commercial banks have started channeling part of their
investments to Gulf markets to make use of the growing stock and
financial markets and real estate business projects in GCC
countries.Some Saudi banks have offered a variety of investment
projects to their Gulf clients. They include joint investment
funds for stocks to be managed by international financial
organizations specialized in Gulf markets.."
Sultan Center to Become Gateway of Science & Technology
[Nov 7]
"Crown Prince Sultan will open a state-of-the-art science and
technology center in Alkhobar tomorrow, according to Dr. Majed Al-Qasabi..
..Qasabi described the Prince Sultan ibn Abdul Aziz Science and
Technology Center, established at a cost of SR230 million, as a
gateway of science and technology on the Kingdom’s eastern
coast.."
[For
more on these stories and for more in the SUSRIS news archive CLICK
HERE]
About
the Saudi-US
Relations Information Service |
|
The SUSRIS
project -- an independent, private-sector information resource –
offers objective, comprehensive news and information on the
history, breadth and depth of the US-Saudi Arabia relationship.
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