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]


DiplomaticQuarter: Friendship to the fore as Koreans celebrate National Foundation Day

The event marks the legendary formation of the first Korean state of Gojoseon in 2333 B.C. (Photo/Supplied)
Updated 18 October 2018
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DiplomaticQuarter: Friendship to the fore as Koreans celebrate National Foundation Day

  • The event, on Oct. 15 in the Park Hyatt Lazard’s ballroom, marks the legendary formation of the first Korean state of Gojoseon in 2333 B.C

RIYADH: Consul General of the Republic of Korea in Jeddah Lee Sang-kyoun stressed the importance of the relationship between South Korea and Saudi Arabia as he welcomed guests to a special celebration of Korea’s 4,351st National Foundation Day.

The event, on Oct. 15 in the Park Hyatt Lazard’s ballroom, marks the legendary formation of the first Korean state of Gojoseon in 2333 B.C.

The diplomat and his family warmly welcomed the guests, including Ambassador Jamal Balkhayour, the director general of the Makkah region branch of the Ministry of Foreign Affairs, as they arrived at the venue, which was lavishly decorated with flowers and the Korean flag. 

In his opening speech, Lee said: “Korea and Saudi Arabia have shared strong companionship as ‘Rafiq,’ (friends) since the establishment of diplomatic relations in 1962.” 

He also emphasized the common values shared by the two countries, and their indispensable partnership and cooperation in a number of sectors, beginning with construction and energy in the early 1970s and developing through the years to now include the likes of renewable and nuclear energy, culture and more.

“Notably, the two countries launched a ministerial-level committee, Saudi-Korea Vision 2030, to bolster bilateral cooperation, focusing on supporting business ventures between the two countries,” Lee added.

He said he hopes to see an expansion of cultural and artistic ties between the nations, while also strengthening “person-to-person” contact between young people and future generations.

“Such cultural and human exchange will be a meaningful step toward fostering the values shared by the two countries — working in collaboration for future success and common goals,” he said.

The consul general explained that strengthening such human bonds will encourage an understanding between people of a kind that can only happen through art, history, academia and scientific exchange, which is why the consulate is establishing a cultural center as a “signature window for cultural exchange.” 

The consulate will also set up a foundation for students to “foster the common grounds in their interests and hopes” through an exchange program for Korean and Saudi youths.

Lee added that 2018 has been an important year for South Korea, with the Winter Olympics and Paralympics in PyeongChang, the Inter-Korean Summit, and the Singapore Summit between North Korea and the US.

As the celebration continued, Korean residents were brimming with pride and excitement as they celebrated their National Foundation Day in the Kingdom, while meeting and mingling with friends from Saudi Arabia and other nations.