The President of the Federation of Saudi Chambers, Hassan bin Mujeb Al-Huwaizi, revealed a comprehensive development project for the work of Saudi-foreign business councils that includes several axes, the most important of which is raising their number to 70, with an increase of 30 new councils, with the aim of strengthening the Kingdom's trade and investment relations with more than 124 countries around the world.
This came during his meeting with the heads of Saudi-foreign business councils, at the headquarters of the Union, and in the presence of the Deputy Governor of the General Authority of Foreign Trade for Private Sector Affairs and International Representation, Fawaz bin Rafia.
The development project for business councils aims to activate their role and contribution to achieving the goals of Vision 2030 and to establish effective trade and investment partnerships that raise the contribution of the private sector in foreign trade.
The project includes holding quarterly meetings for business councils, attracting major companies and investors, increasing the representation of women, entrepreneurs and small and medium enterprises in the membership of the councils, in addition to strengthening funding sources and providing technical, logistical, information, and human support for their activities and developing effective plans for them in accordance with the economic objectives with each country.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
