Taiwan companies to showcase products

Updated 26 March 2013
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Taiwan companies to showcase products

The Taipei Economic and Cultural Representative Office will organize a “Taiwan Products Catalog Show” at the Riyadh Chamber of Commerce and Industry on April 7 in Riyadh, April 14 in Qassim and April 21 in Hofuf.
“Catalogs of about 200 Taiwanese companies will be on display during the three shows. The companies will represent 12 main industrial categories,” said Economic Counselor W.K. Lai.
The companies have dealings in various sectors, ranging from IT and ICT products, medical supplies, cement, toys, food and stationery.
Lai said Saudi Arabia is a competitive market, adding that the show’s aim is to promote globally competitive Taiwanese products.
“We welcome Saudi companies and other parties interested in trading and negotiating business affairs with Taiwanese manufacturers to visit the show. Taiwanese products are superior in quality and the price is fair in the global markets,” he said.
He added that the quality of Taiwan’s “modularization and mass production capabilities as well as many key technologies make it the important supporting force for East Asia to become the largest production base in the world. Additionally, the strong orders for Taiwan’s manufacturers prove a sturdy confidence from world buyers in Taiwan’s products.
Lai added that Saudi Arabia is one of the major economic partners of Taiwan, ranking first in the list of trading partners in the region.
“During 2012, bilateral trade increased by 7.2 percent to $ 16.66 billion (SR 62.5 billion), with Taiwan’s exports to Saudi Arabia valued at $ 1.85 billion (SR 6.9 billion) and its imports from Saudi Arabia amounting to about $ 14.81 billion (SR 55.5 billion),” Lai said.
This indicates that there is plenty of room for expanding the mutually beneficial business cooperation in multi-area industries between Taiwan and Saudi Arabia, he said.
Local companies interested in attending the show can contact the Economic Division of the Taipei Economic and Cultural Representative Office at (01)-4881900 ext. 232 or send a fax to 4881605. Emails can be sent to [email protected] or [email protected]


Princess Reema meets US treasury chief Steven Mnuchin

Updated 18 July 2019
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Princess Reema meets US treasury chief Steven Mnuchin

DUBAI: Newly appointed Saudi Ambassador to the United States Princess Reema bint Bandar met with US Treasury Secretary Steven Mnuchin to discuss opportunities to further strengthen the countries’ partnership.

The Saudi Arabian embassy in the US, in a tweet, said the two senior officials explored “ways to strengthen Saudi Arabia’s close partnership with the United States on countering the financing of terrorism, as well as US support for the Kingdom’s economic reforms.”

 

 

Princess Reema, who assumed her new office on July 4, earlier met with US President Donald Trump to present her credentials as the Kingdom’s top diplomat in Washington.

Princess Reema became the Kingdom’s first female ambassador after being nominated to the post on February 23 – to replace Prince Khaled bin Salman who was appointed deputy defense minister – and took her oath before King Salman in Riyadh in April.