USSABC Selected by U.S. Department of Commerce to Lead Second Certified Trade Mission to Saudi Arabia This Year
The U.S.-Saudi Arabian Business Council (USSABC), in collaboration with the U.S. Department of Commerce, will lead the second Certified Trade Mission to Saudi Arabia this year. Scheduled for December 1-4, 2007, the mission will provide U.S. companies in the oil and gas, downstream petrochemicals, mining, construction/economic cities, and education sectors with an opportunity to experience first-hand the substantial opportunities that exist in the Saudi market. Assistant Secretary for Trade Promotion and Director General of the U.S. and Foreign Commercial Service Israel Hernandez will participate in the business development mission and join the Business Council in highlighting the $1 trillion worth of project trade and investment opportunities that exist in this booming market through 2020. Israel Hernandez also participated in the first Certified Trade Mission, which occurred in March 2007. Significantly, the Director General’s participation for the second time this year underscores the importance of the bilateral commercial relationship.
The mission agenda includes a visit to two of Saudi Arabia’s major commercial centers: Dammam and Riyadh. The USSABC has worked closely with the U.S. Commercial Service to arrange meetings on behalf of the delegates with government representatives and influential leaders from the private sector, giving the U.S. companies the possibility to explore potential business partnerships. Mission participants will also have access to market briefings, networking receptions, and one-on-one business meetings with prospective agents, distributors, and end-users. The delegation will also be briefed by officials at the Saudi Chambers of Commerce and Industry, and by U.S. Commercial Service officials on U.S-Saudi business relations, current bilateral trade issues, and trade assistance programs available to U.S. companies that want to do business in the Kingdom.
As a precursor to the mission, Edward Burton, President and Managing Director of the U.S.-Saudi Arabian Business Council, and Nasir Abbasi, Senior Commercial Officer at the U.S. Embassy in Riyadh, held a panel discussion entitled The Arabian Peninsula: Peace Through Prosperity at this year’s National District Export Council Conference (DEC) held in November in Tampa, Florida. Mr. Burton has also made numerous presentations at business venues across the country in recent months as part of an effort to increase public awareness about trade opportunities in Saudi Arabia and generate interest among local businesses for the December Certified Trade Mission. This mission is the fifth mission the USSABC has led to Saudi Arabia in 2007.
About the USSABC
The U.S.-Saudi Arabian Business Council (USSABC) is a non-profit organization with offices in Washington, D.C. and Riyadh, Saudi Arabia. Incorporated December 1993, our mission is to develop, foster and expand the strategic business alliance between the U.S. and Saudi Arabia by promoting trade, investment and sustainable economic development. We are a membership-driven organization with an impressive member roster that includes some of the most influential companies in the United States and Saudi Arabia.
The USSABC is the premier authority on economic opportunities for both the American and Saudi Arabian business communities. We have a long-standing reputation as a trusted leader in our arena. Our business strategy focuses on uncovering business opportunities that allow our members to increase their market share. For over a decade, we have perfected the art and science, of gathering, disseminating and delivering real-time business information products and services. In addition to sponsoring trade missions to and from Saudi Arabia, the USSABC offers Business Facilitation Services, Networking Services, Information & Communications Services, and Consulting Services. For more information visit our website at: http://www.us-sabc.org
Vice President, Business Development
U.S.-Saudi Arabian Business Council