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Kingdom and Czech sign Accord on Investment Promotion and Protection

Kingdom and Czech sign Accord on Investment Promotion and Protection
19 Nov
E-Media:
Riyadh - The Kingdom of Saudi Arabia and the Czech Republic signed an agreement on mutual promotion and protection of investments between the two countries.
The agreement was signed by Minister of Finance Dr. Ibrahim bin Abdulaziz Al-Assaf and Czech Minister of Finance Eduoard Janota.
Dr. Al-Assaf said that, according to "Al-Nadwah" newspaper,  the agreement forms a legal framework for providing investors from the two countries with guarantees for their investments and rights, noting that trade exchange between the two countries amounted to SR 750 million in 2007.
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