Wednesday, June 3
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Cabinet Holds Session and Reviews Several Issues via Virtual Network 3 Riyadh

Fourth: The Cabinet approved a memorandum of understanding between the Ministry of Environment, Water and Agriculture of the Kingdom of Saudi Arabia and the Ministry of Agriculture of the Russian Federation to increase the export of agricultural and food products.
Fifth: The Cabinet approved a memorandum of cooperation in the field of communications and information technology between the Ministry of Communications and Information Technology of the Kingdom of Saudi Arabia and the Ministry of Internal Affairs and Communications of Japan.
Sixth: The Cabinet approved the Kingdom of Saudi Arabia’s accession to the Guiding Principles on Financing the Development of the Belt and Road Initiative.
Seventh: The Cabinet approved a memorandum of understanding between the Ministry of Industry and Mineral Resources of the Kingdom of Saudi Arabia and the Ministry of Trade, Industry and Energy of the Republic of Korea for cooperation in the automotive sector.
Eighth: The Cabinet approved the Commercial Courts Regulation.
Ninth: The Cabinet approved the Guarantee of Rights with Movable Assets System, and amended the Commercial Mortgage System.
Tenth: the Cabinet approved a number of exemptions from financial equivalent with regard to the number of laborers in the small enterprise.

Source: Saudi Press Agency

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