Minister of Economy and Foreign Trade Jeannot Krecke of Luxembourg
Also, Krecke said that he was visiting Turkey with 60 businessmen, which he defined as a fairly great figure for a small country like Luxembourg.
Krecke said that this was the indicator Luxembourg was attaching to relations with Turkey, and also said that the two countries could make joint investments in particularly iron and automotive industry.
The Luxembourg Minister of Economy and Finance Jeannot Krecke was in Dubai yesterday to promote his country as a financial centre.
Minister of Economy and Foreign Trade Jeannot Krecke has highlighted Dubai's position as being the gateway to a future GCC trading block and Luxembourg's position as a financial centre of the EU.
Krecke said this is my first visit to Saudi Arabia and it was a mistake not to come earlier because I see a plenty of opportunities of cooperation in various fields and Luxembourg also offers an exceptional range of assets and opportunities for doing business in Europe.
Luxembourgs Minister of Economy and Foreign Trade Mr Jeannot Krecke was the keynote speaker amongst the distinguished members of the Luxembourg delegation at the conference.
Krecke had a fruitful business meeting with Indian Finance Minister Mr P Chidambaram and Commerce and Industry Minister Mr Kamal Nath.
Luxembourg's Minister of the Economy and Foreign Trade and Minister of Sport Jeannot Krecke met FIFA President Joseph S.
Krecke said that Luxembourg had plenty of business projects for Saudi businessmen in funding industries, e-commerce and satellite communications.
Krecke met with the State Minister Kürşad Tüzmen and Turkish Union of Commerce and Commodity Exchanges, or TOBB, vice-president Faik Yavuz.
Pointing to Turkey's location at the heart of the energy markets, Krecke said they wanted Turkey standing as one of the major providers of energy, stressing they do not favor dependency on one single country.
MR JEANNOT KRECKE, Minister for Economy and Trade, Luxembourg, calling on the Finance Minister, Mr P.
On the proposed merger and acquisition law that is being debated in the Luxembourg Parliament, Mr Krecke said that "It was an European Union directive of 2004 to have the law in place within two years, that ends in may this year.
Speaking at a seminar on "Luxembourg: Your Business and Finance Center" hosted by the Foreign Economic Relations Board (DEIK) in Istanbul, Krecke said that Turkey was located on a connection point between the two continents and that natural resources of the developing countries were being processed as a result of Turkey's contribution.
Highlighting importance of Turkey's role in meeting Europe's energy requirement, Krecke said that Caspian oil and natural gas should be transported to Europe.
Prior to the seminar, Krecke met Kadir Topbas, mayor of Istanbul.
Luxembourg's demand for gas has been on the rise due to its development and increased utilisation of LNG in the power sector, Luxembourg's minister of economy and foreign trade Jeannot Krecke said in an interview with Gulf Times on Monday night.
Krecke said one of the world's largest cargo carriers and logistics providers, the Luxembourg-based Cargolux, is considering an entry into Qatar.