Latest news with #GCC-Japan
Leaders
2 days ago
- Business
- Leaders
Saudi Export Development Authority Concludes Successful Trade Mission to Tunisia
The Saudi Export Development Authority (Saudi Exports) has successfully concluded its trade mission to the Republic of Tunisia, held in the capital city of Tunis. The mission brought together 34 prominent Saudi companies from key sectors such as building materials, food, packaging, pharmaceuticals, communications and information technology, logistics, professional services, and other high-value industries. The primary goal of the mission was to explore trade opportunities and strengthen economic relations between Saudi Arabia and Tunisia. By connecting Saudi businesses with potential buyers and importers in the Tunisian market, the initiative aimed to open new export channels for Saudi goods and services. This trade mission reflects Saudi Exports' broader efforts to support the global expansion of national products. It also focuses on enhancing exporters' capabilities and facilitating access to promising regional markets, thereby contributing to the growth of non-oil exports and advancing the Kingdom of Saudi Arabia's Vision 2030 objectives. Related Topics : Certificates of Origin Surge: Further Boost to Saudi Exports Fahd Al-Otaishan Discusses Saudi Exports' Strategy to Develop Service Sector Saudi Arabia Leads 2nd Round of GCC-Japan Free Trade Agreement Negotiations in Tokyo Saudi Arabia Develops E-commerce, Digital Trade Measurement with UNCTAD Short link : Post Views: 8 Related Stories
Leaders
4 days ago
- Business
- Leaders
Saudi Arabia Leads 2nd Round of GCC-Japan Free Trade Agreement Negotiations in Tokyo
The General Authority of Foreign Trade, represented by Deputy Governor for International Organizations and Agreements Fareed Al-Asaly, is leading Saudi Arabia's delegation in the second round of negotiations for the Free Trade Agreement between the Gulf Cooperation Council (GCC) and Japan. The talks are taking place in Tokyo from June 30 to July 4. The Saudi negotiating team is responsible for overseeing the discussions, ensuring they align with the Kingdom's trade policies and strategic goals. The team also plays a direct role in shaping and presenting Saudi Arabia's positions during the negotiations. In 2024, trade between Saudi Arabia and Japan reached approximately $36 billion. Saudi exports—primarily mineral and organic chemical products—accounted for about $28 billion. Imports from Japan, valued at around $8 billion, were mainly composed of vehicles, machinery, and mechanical appliances. The General Authority of Foreign Trade continues to work toward strengthening Saudi Arabia's global trade presence, maximizing economic benefits, and enhancing its active role in international organizations in pursuit of shared growth and sustainable development. Related Topics : GAFT Leads Saudi Team at GCC-Turkey Free Trade Negotiations Saudi Arabia Participates in First Round of GCC-Japan FTA Talks Finance Minister Leads Delegation at 122nd GCC Financial, Economic Cooperation Meeting GCC, Indonesia Sign Joint Statement ahead of Free Trade Agreement Negotiations Short link : Post Views: 6 Related Stories
