In presence of Crown Prince Sultan bin Abdulaziz, Deputy Premier, Minister of Defense and Aviation and Inspector General and Singapore's Premier Lee Hsien Loong, the Kingdom of Saudi Arabia and Singapore signed here today four memorandums of understanding on cooperation in commercial and political fields. The first memorandum on trade cooperation was signed by Saudi Minister of Planning and Economy Khalid bin Mohammed Al-Qusaibi and Singapore's Minister of Trade and Industry Lim Hng Kiang. The second memorandum on promotion and protection of mutual investment was signed by Governor of Saudi Arabian General Investment Authority (SAGIA) Amr bin Abdullah Al-Dabbagh and Singapore's Minister of Trade and Industry Lim Hng Kiang. The third memorandum on political bilateral consultations between the foreign ministries of the two countries was signed by Saudi Minister of State for Foreign Affairs Dr. Nizar bin Obaid Madani and his Singapore's Counterpart Zein Al-Abedin Rashid. --More 21 53 Local Time 18 53 GMT