A special view of the events in Ukraine, the Minister of Foreign Affairs of Ukraine, Konstantin Grishchenko, visited the Kingdom of Saudi Arabia, where he held negotiations with the local billionaire, one of the richest people in the world according to Forbes magazine, Suleiman al-Raji in his residence in Riydhi the aim of studying the prospects for expanding economic and investment cooperation. Grishchenko spoke about the efforts that his government accepts to attract foreign investment in the country’s agrarian sector, which is famous for its fertile lands, starting by the fact that this year the Ukrainian government reduced tax rates for foreign investment. In addition, the state provides infrastructure and provides material and technical support to investors. “My visit to the kingdom is aimed at strengthening cooperation between the two countries and assisting in the development of trade, economic and cultural ties,” the minister said. Speaking about the development of bilateral relations, Konstantin Grishchenko said that for the whole of 2011 this already fourth official visit of the Ukrainian delegation to Saudi Arabia, adding that “a number of officials, including the Minister of Agriculture also visited the kingdom last year”.In general, the Ukrainian diplomat is satisfied with the growth of Saudi investment in Ukraine. “The Ukrainian government is ready to provide all favorable conditions for investors,” he added. According to the minister, Al-Razhi, whose family is considered one of the richest in the kingdom, and the father of the family, according to various sources, has at least 23 children-“Al Rajhi Banking and & Investment Corp ”is the largest investor in the agricultural sector of Ukraine.“Al-Razhi is a good example of a successful businessman who works for the benefit of his people,” said Konstantin Grishchenko, noted the merits of the Arab billionaire in the field of humanitarian services.
