NZ Middle East Business Council gets Saudi breakthrough with MOU to establish joint council

Tue, 05 Apr 2016

By Jonathan Underhill April 5 (BusinessDesk) - The New Zealand Middle East Business Council has signed a memorandum of understanding to set up a joint business council with the Council of Saudi Chambers of Commerce and Industry, seen as a key step in increasing two-way trade with the kingdom. The MOU was signed in Riyadh overnight and witnessed by Foreign Affairs Minister Murray McCully. NZMEBC chairman Stewart Germann described it as "a welcome private, non-governmental initiative to increase trade and economic cooperation between the tw...

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