Trade experts to land in Riyadh as global commerce reels under coronavirus

at 4:41 pm
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New Delhi (NVI): As coronavirus crisis casts a shadow on global business, around 200 trade experts from around the world will gather for a major conference in Riyadh, Saudi Arabia tomorrow.

The one-day forum is going to be the first such event to take place in the Saudi Arabia capital, with thought leaders and policymakers taking part in the ‘Asia House Trade Dialogue’.

A Beijing-based expert on Chinese business will be discussing the economic effects of the coronavirus through a live link, according to Arab News.

Leading thinkers will also share their insights on global trade, women’s growing role in business, and the energy industry moving toward renewable technologies.

Victor Gao, who is vice president of the Beijing-based Center for China and Globalization, will answer questions via web link about the impact of coronavirus on the Chinese economy.

Saudi British Bank, chairperson Lubna Olayan, was quoted as saying by the website: “Trade has historically always been important to the development of the Kingdom, and that is equally true today as the Far East and the Middle East are once again becoming increasingly connected, and we begin a year in which Saudi Arabia leads the G20, with deliberations around trade and investment being a major focus of the B20 (the business arm of G20 summit of world leaders). It is truly an exciting time, so we are pleased to be jointly hosting this important event to explore opportunities for enhancing and facilitating growing trade links between the Far East and the Middle East.”

British trade minister and chairman of the HSBC banking group, Lord Green of Hurstpierpoint told Arab News, “With Saudi Arabia hosting the G20 this year, we believe it is an important time to bring our trade dialogue to Riyadh to explore the economic shifts taking place in the region and beyond.”