VOL. XLII

No 46

15-November-1999

SAUDI ARABIA

Latest Saudi-Japanese Talks On AOC Renewal Make No Progress

According to Japans Minister of International Trade andIndustry, Takashi Fukaya, no progress was registered in the latest round oftalks in Riyadh on 8-9 November between Saudi and Japanese Government teamsregarding the renewal of the Neutral Zone offshore concession of the majorityJapanese-owned Arabian Oil Company (AOC). The visiting Japanese negotiatingteam was headed by MITIs Vice Minister...