Introducing U.S. Energy and Infrastructure Firms to Opportunities in Saudi ArabiaDecember 5, 2010
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Francisco J. Sánchez is the Under Secretary of Commerce for International Trade
I arrived today in Riyadh, Saudi Arabia in the company of 24 representatives of 15 U.S. companies who are from a variety of U.S. energy and infrastructure industry suppliers and service providers. This mission marks the continued strengthening of our bilateral commercial relationship with a key U.S. ally in the Middle East. Members of the private sector have a critical role to play in forging a lasting economic partnership between the peoples of the United States and the Kingdom of Saudi Arabia. During the next three days, I will encourage the participating representatives to take full advantage of matchmaking events to exchange views and perspectives. The structure of the mission is designed to foster commercial engagement by creating a forum to discuss prospective business opportunities and to explore avenues for collaboration.
These companies represent new-to-export, new-to-market and mature exporters. American businesses have a great deal of experiences and expertise to share with Saudi Arabia. The Saudi market offers tremendous opportunity, and the United States wants to be a partner in its continuing efforts to diversify its dynamic economy. Now is the time to build on past commercial successes between the United States and Saudi Arabia to ensure a fruitful partnership continues well into the future.
(This post was updated on December 30, 2010 to correct the number of U.S. companies that participated in the trade mission. The original post said there were 16 companies, but the correct number is 15.)