Saudi unemployment rate continues its downward trend, reaching 7.6% in 1Q 2024 Overall Saudi—non-Saudi unemployment steady at 3.5%    Energy minister: Saudi gas production to witness increase of 63% by 2030 Jafurah set to contribute $20 billion annually to GDP    Net FDI flows into Saudi Arabia jump 5.6% in first quarter    Biden reassures donors he can win re-election despite poor debate performance    Midday turnout at 25.9% in France's early parliament election    Gaza hospitals face shutdown within 48 hours    Civil Defense cautions public against leaving flammable materials in vehicles    Saudi Arabia prepares for Esports World Cup: Local stars share their excitement    Transforming commerce: Meet the 2024 Visa Everywhere Initiative winners from Saudi Arabia, Bahrain, and Oman    Saudi Arabia ranks 3rd in remittance outflows globally in 2023: World Bank report    Saudi communications minister meets White House officials to boost space and digital tech collaboration    Saudi Arabia to experience continued heat wave through the week    Faisal Abbas launches 'Anecdotes of an Arab Anglophile' in London    Saudi Football Federation appoints Michel Salgado to coach U-15 national team    Indonesia's hijab-wearing metalheads play Glastonbury    Nacho Fernandez joins Al-Qadsiah after leaving Real Madrid    Australian 'swimming queen' Campbell retires    Artwork now most valuable Harry Potter item ever sold    Arundhati Roy wins PEN Pinter Prize for 'powerful voice'    Traditional dishes enhance Al-Baha region's culinary appeal    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Embracing change: A journey towards inner peace    JK Rowling in 'arrest me' challenge over hate crime law    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi-US Council meeting aims to enhance trade and investment cooperation
Published in The Saudi Gazette on 28 - 06 - 2024

The 8th Saudi-US Trade and Investment Council meeting (TIFA) was held in Washington on Friday.
The meeting was chaired by Deputy Governor of the Authority for International Relations Abdulaziz Al Sakran and the Assistant United States Trade Representative (AUSTR) for Europe and the Middle East Bryant Trick, with the participation of government and private sector entities from both sides.
The meeting discussed ways to promote bilateral trade and resolve its constraints, trade policies, and technical regulations for international trade. It also reviewed procedures for the application of sanitary and phytosanitary measures in agricultural, food, and pharmaceutical products, intellectual property rights policies and legislation, e-commerce, trade and investment cooperation, and the exchange of experiences.
On the sidelines of the meeting, a roundtable with the Saudi and American private sector focused on promoting bilateral trade and investment in major sectors of the Kingdom. It also addressed challenges and obstacles facing the private sector in trade and investment, empowering SME partnerships, strengthening SMEs' business capacities, and fostering cooperation in innovation, technology, and localization. Additionally, trade and investment opportunities in the Saudi Green and Middle East Green Initiatives were discussed, along with various other bilateral themes.
The Saudi delegation participated in several meetings and workshops, including "Middle East and USA: Investments & Opportunities" with American ambassadors in the Gulf region, and the Opening Session of the SelectUSA Investment Summit, chaired by US Secretary of Commerce Gina Raimondo.
The delegation also took part in the fifth GCC-US Trade and Investment Dialogue, a discussion session titled "Invest Saudi in Tech," the United States-Saudi Forum "Investing in Our Shared Future," the GCC-US Roundtable meeting, and the Saudi-US Roundtable meeting with private sector participation from both sides.
The delegation included representatives from the Ministry of Commerce, Ministry of Energy, Ministry of Investment, Ministry of Environment, Water and Agriculture, Ministry of Education, Ministry of Tourism, Ministry of Economy and Planning, Ministry of Communications and Information Technology, Ministry of Industry and Mineral Resources, Ministry of Human Resources and Social Development, General Authority for Foreign Trade, Saudi Food and Drug Authority, Small and Medium Enterprises General Authority, General Authority for Military Industries, Saudi Standards, Metrology and Quality Organization, Saudi Authority for Intellectual Property, Saudi Data and Artificial Intelligence Authority, Zakat, Tax and Customs Authority, Research, Development and Innovation Authority, Public Investment Fund, Saudi Green Initiative, Federation of Saudi Chambers, US-Saudi Business Council, National Center for Vegetation Cover Development and Combating Desertification, and many interested Saudi companies. — SG


Clic here to read the story from its source.