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 Saudi Arabia signs an agreement to export shrimp to China at the conclusion of China Import Exhibition

calendar 11/11/2018 12:00 AM

 

​The Saudi Export Development Authority "SAUDI EXPORTS" concluded its participation in the China International Import Exhibition held during from November from 5 to 10, 2018, organized by the Chinese government with the participation of more than 100 countries and 50 national pavilions in the sectors of industry, tourism and services. Where the Kingdom participated in the exhibition in a national pavilion organized by "SAUDI EXPORTS" which includes a number of government agencies and national companies from different sectors. That participation comes in order to enhance trade and economic cooperation between the two countries and open new export channels for Saudi companies in the international markets, complementing the role of "SAUDI EXPORTS" in promoting Saudi Arabia's products and services and increasing its market share in the global market, thereby enhancing its contribution to the gross domestic product.

The Deputy Minister of Energy, Industry and Mineral Resources for Industry Affairs His Excellency, Eng. Abdul-Aziz bin Abdullah Al-Abd Al-Karim opened the Saudi pavilion at the exhibition, where he wandered in the pavilion's sections and saw the Saudi companies and their products, and expressed his admiration for national products of competitive quality that reflect the position of the Saudi product.

On the sidelines of the exhibition, a draft protocol was signed between the Ministry of Environment, Water and Agriculture in the Kingdom of Saudi Arabia and the General Administration of Customs of the People's Republic of China for the export of frozen white shrimp from the Kingdom to China, where the two parties agreed on the provisions necessary to regulate inspections and quarantine and veterinary requirements for frozen white shrimp to be exported from the Kingdom to China. It is worth mentioning that this project is a step that promotes trade and economic cooperation between the two countries, indicates the Kingdom's interest in the entry of its companies from various sectors to the Chinese market to increase the volume of trade exchange between the Kingdom and China, as the Saudi non-oil exports for the first half of 2018 amounted to 16 billion SAR.

"SAUDI EXPORTS" invests all its capabilities to the efficiency of the export environment, overcome the barriers that exporters may face, raise the knowledge of export practices, and develop human resources in the field of export. It is also working to raise the export readiness of the targeted enterprises through an assessment of the export readiness and consultation services to improve the export capacity of the target enterprises. "SAUDI EXPORTS" is also working to facilitate the creation of suitable opportunities and export markets suitable for enterprises by preparing the guides of market access and market studies on demand. The Authority contributes to the emergence of Saudi products to the target groups through participation in international exhibitions. "SAUDI EXPORTS" also provides a service to facilitate the linking of exporters with buyers and potential partners through trade missions and bilateral meetings on the sidelines of international exhibitions. The work of the "SAUDI EXPORTS" reflects the Kingdom’s Vision for 2030, and meets the aspirations of the wise leadership in order to diversify sources of income for the national economy.

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