DiplomaticQuarter: US-Saudi Arabia virtual summit focuses on trade, investment

The US government was represented by key officials, including Martina Strong, center, charge d’affaires at the US Embassy in Riyadh. (SPA)
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Updated 18 March 2021
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DiplomaticQuarter: US-Saudi Arabia virtual summit focuses on trade, investment

The US Embassy in Saudi Arabia praised the Council of Saudi Chambers (CSC) for organizing the first-ever US-Saudi Arabia Virtual Infrastructure Summit to enhance trade cooperation between the two countries.

“The US Department of Commerce, in cooperation with the government of Saudi Arabia and the CSC, hosted a virtual summit on Tuesday. The summit focused on current and future infrastructure projects in Saudi Arabia and emphasized business and investment opportunities to 200 plus participants from the US private sector, as well as Saudi private sector companies,” a US Embassy statement said.

Participating companies included US industry leaders in waste management, information and communication technology, entertainment, travel and tourism, and transportation and mobility.   

The US government was represented by key officials, including Martina Strong, charge d’affaires at the US Embassy in Riyadh, and Diane Farrell, acting undersecretary for international trade.  

“The US Mission appreciates the support of the Council of Saudi Chambers to produce this first-ever US-Saudi Arabia Virtual Infrastructure Summit. Many US companies are already contributing to marquee Vision 2030 projects and, with this event, we hope that many more will bring their world-class technologies, expertise and solutions to the Kingdom,” said Strong. 

“The US remains committed to our partners in the Gulf and I believe that this infrastructure summit presented a unique opportunity to advance mutual economic growth and recovery through exports and investment. We had a series of productive discussions,” said Farrell. 

“On behalf of the US Department of Commerce, we look forward to playing a pivotal role in these infrastructure projects as well as identifying new ways to deepen our trade relationship,” she added. 

The US Department of Commerce is the US government’s leading trade promotion agency. It promotes American exports through 107 US offices and commercial diplomats around the world, including 18 countries in the Middle East and North Africa (MENA), according to the embassy statement.


Japanese researchers hope to restore coral from Saudi-made structures

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Japanese researchers hope to restore coral from Saudi-made structures

  • Coral skeletons made for Saudi Pavilion at Japan expo last year
  • Results of Japanese study to be revealed at Riyadh Expo 2030

TOKYO: Japanese universities are seeking to restore coral reefs and marine ecosystems after receiving artificial structures that Saudi Arabia made and showcased at last year’s Osaka-Kansai Expo.

The coral skeletons were donated to the University of the Ryukyus in Okinawa and Kansai University in Osaka Prefecture, Kyodo News reported at the weekend.

The structures are made from calcium carbonate, a material on which corals are believed to grow more easily compared to artificial alternatives such as concrete or metal.

The skeletal structures were created using 3-D printers, with one piece produced a day during the expo, and displayed across an entire wall in the Saudi Arabia Pavilion, which had an area focusing on sustainable marine environments.

Coral reefs serve as habitats for much marine life, but over 40 percent of the world’s 892 species face possible extinction, according to the International Union for Conservation of Nature.

The University of the Ryukyus, which received about 150 of the artificial coral skeletons, will place them in waters off the eastern coast of Okinawa’s main island and then examine their impact on the ecosystem.

Kansai University has placed theirs in the sea around Kagoshima Prefecture’s Yoron Island to observe their growth after transplanting coral polyps onto the structures.

The results of the research are expected to be revealed at the Riyadh Expo in 2030.

“I had never imagined that Japan and Saudi Arabia would cooperate on coral research,” said Masato Ueda, a professor specializing in regenerative medicine at Kansai University.

Ueda said he wants to demonstrate to children that “humanity is attempting to restore the environment.”