Trade Mission to the Emerging Market of Saudi ArabiaJune 7, 2010
Francisco J. Sánchez is the Undersecretary of Commerce for International Trade
Wow. Saudi Arabia is giving new meaning to the term “emerging market”. I have just arrived to lead a public health trade mission here and in Qatar, and the trade and investment opportunities are incredible. Saudi Arabia has plans to invest over 500 billion dollars in new infrastructure, health care, and education projects in the coming years, including many opportunities for the medical and water technology companies that are here with me. Saudi Arabia not only has a friendly business climate, but the warm hospitality towards us and Americans in general has been deeply appreciated and noted by all. I want to thank the exceptional Commercial Service team here on the ground for their efforts in developing what is clearly going to be a very successful trade mission.