USSABC and Eastern Trade Council to Lead U.S. Companies on a Business Development Mission to Saudi Arabia
The U.S.-Saudi Arabian Business Council (USSABC), in collaboration with the multi-state coalition of the Eastern Trade Council (ETC), an affiliate organization of the Council of State Governments' Eastern Regional Conference (CSG/ERC), will lead a delegation of eight companies from around the U.S. on a Business Development Mission to Saudi Arabia, May 29-June 2, 2009.
David Mathe, Chairman of the ETC, said "The goal of the USSABC-ETC business development mission is to provide American companies with first-hand experience of Saudi Arabia's rapidly growing business environment and introduce them to the $1 trillion worth of project trade and investment opportunities that Saudi Arabia has earmarked through 2020 across all the main sectors in the Kingdom."
The companies in the delegation represent the States of New York, Pennsylvania, New Hampshire, Washington, Texas, and New Jersey, and cover a broad spectrum of industry sectors including wastewater treatment, industrial cleaning and gas production, software solutions, construction, and supply chain management, among other sectors.
The agenda includes meetings with government representatives and business leaders from the private sector in Riyadh and Dammam, two of Saudi Arabia's major commercial centers. Participants will also have access to market briefings, networking receptions, and one-on-one business meetings with prospective agents, distributors, and end-users during the mission.
The USSABC collaborated with the ETC on a previous business development mission to Saudi Arabia in November 2007. Several of the companies on that mission have developed ongoing business relations in the Kingdom as a result of the visit. David Mathe pointed out that two of the Pennsylvania companies in this delegation also participated in a USSABC mission to the Kingdom last year. Said Mathe, "We're hopeful that the companies will be able to close deals this time around from the strong leads developed from their first visit."
Edward Burton, President and Managing Director of the USSABC, added "The Business Council does four to six business missions to Saudi Arabia every year for small, medium and large U.S. companies. The missions have proven to be efficient and cost effective market entry tools for the many companies that have taken advantage of the service."
The U.S.-Saudi Arabian Business Council (USSABC) is a non-profit organization with offices in the Washington, D.C. metropolitan area and Riyadh, Saudi Arabia. Incorporated in 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. The Business Council is 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 offers a wide range of products and services aimed at continually expanding business opportunities between Saudi Arabian and American companies. In addition to sponsoring business trade missions to and from Saudi Arabia, the USSABC offers Business Development Services, Networking Services, and Communications & Information Services.
For more information about the USSABC, please visit our website at: www.us-sabc.org.
About the Eastern Trade Council
The Eastern Trade Council (ETC) seeks to strengthen state and regional economic competitiveness in the global marketplace by sharing trade development information, jointly promoting regional products, and collectively advocating for federal trade promotion programs and policies which will benefit the region. The ETC is supported by annual appropriations from its 11 member jurisdictions.
Vice President, Business Development
U.S.-Saudi Arabian Business Council