Saudi-German Economic and Cultural Relations - International Reports
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Saudi-German Economic and Cultural Relations
by
Dr. Manuel Schubert
Current state, challenges and opportunities from a German perspective
The Kingdom of Saudi Arabia and the Federal Republic of Germany have kept and enjoyed excellent economic bilateral relations for decades. German companies have been present at every step in the development process of Saudi Arabia’s economy. Saudi Arabia, in turn, has provided Germany with oil and derivatives. Today, Saudi Arabia is Germany’s second most important trading partner in the region, while Germany is the third largest importer to Saudi Arabia.