RIYADH: The Saudi-US Trade and Investment Council held its ninth meeting in Riyadh on Jan. 21 and discussed 31 joint initiatives across various fields aimed at achieving the objectives of the Kingdom’s Vision 2030.
The meeting was chaired by the General Authority for Foreign Trade from the Saudi side and the Office of the US Trade Representative from the American side, with the participation of 20 entities from both, according to the Saudi Press Agency.
The council aims to enhance economic cooperation between the two countries by reviewing trade and investment policies, addressing obstacles, and supporting technical dialogue between relevant entities.
It also focuses on developing trade and investment policies, facilitating trade, addressing technical and regulatory obstacles. The council aims to support cooperation in sanitary and phytosanitary measures and agricultural products, enhancing intellectual property protection, and fostering growth in digital trade, innovation, and emerging technologies.
The meeting was attended by several government entities including the Ministry of Economy and Planning, the Ministry of Industry and Mineral Resources, and the General Authority of Civil Aviation.
The Saudi Food and Drug Authority, the General Ports Authority, and the Saudi Data and Artificial Intelligence Authority were also attending, in addition to the Local Content and Government Procurement Authority, and the Zakat, Tax and Customs Authority.
