Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

France President Francois vows to strengthen business ties with Arab allies

bySahar
07/05/2015
in Uncategorized
Share on FacebookShare on Twitter

PARIS: French President Francois Hollande vowed to defend Gulf Arab allies as he announced that his country is in talks with Saudi Arabia for business deals worth tens of billions of euros (dollars).

Hollande made the remarks after a ceremonial meeting in Saudi Arabia’s capital, Riyadh, with the heads of state of the six energy-rich countries of the Gulf Cooperation Council. The meeting was headed by Saudi King Salman, who met Hollande for bilateral talks Monday night.

You might also like

OGRA directs 41 OMCs to display PM fuel relief signage at petrol pumps

29/09/2026

Punjab set to launch crackdown on token, property tax defaulters

29/09/2026

The Western-allied council does not traditionally invite foreign heads of state to its meetings, but Tuesday’s summit was meant primarily as a show of gratitude for Hollande, who has been supportive of the Gulf countries.

Hollande said threats faced by these Arabian Gulf nations are also faced by Paris. He said that any nuclear agreement between Iran and world powers also must not threaten the Gulf, pledging France would not hesitate to defend its allies there — even with military action.

We are here to define a strategic, durable partnership,” he told reporters about his meetings with the Saudis. He said both sides discussed “information and intelligence exchange in order to fight terrorism.”

Hollande refused to provide detail on the potential business deals but said there were about 20 projects including arms exports, solar power installations, civil aircraft deliveries, transportation projects and health efforts. Some of the deals will be formalized in October, he said.

Ties between Washington and Riyadh have cooled under President Barack Obama as his administration works toward a nuclear deal with Iran. France’s position on the issue has been closer to that of Saudi Arabia, which is worried that any deal lifting sanctions will bolster Iran’s growing influence in the region.

Related Stories

OGRA directs 41 OMCs to display PM fuel relief signage at petrol pumps

byCT Report
29/09/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has directed 41 oil marketing companies (OMCs) to display prescribed banners and...

Punjab set to launch crackdown on token, property tax defaulters

byCT Report
29/09/2026

LAHORE: Punjab’s Excise and Taxation Department has decided to launch a crackdown on token tax and property tax defaulters from...

SECP proposes higher borrowing limits for microenterprises & housing loans

byCT Report
29/09/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed raising the maximum loan limit for microenterprise and housing...

PMA announces nationwide strike over FBR tax policies

byCT Report
29/09/2026

LAHORE: The Pakistan Medical Association (PMA) will lead a nationwide strike on September 30, shutting down medical facilities across the...

Next Post

2015 Audi A6 Allroad arrives with generous price cut, more equipment, sharpened styling

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.