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]


Saudi Shoura Council chief stresses KSA’s continued support for Iraq’s fight against terror groups

Updated 21 min 31 sec ago
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Saudi Shoura Council chief stresses KSA’s continued support for Iraq’s fight against terror groups

BAGHDAD: The speaker of the Shoura Council, Dr. Abdullah Al-Asheikh, on Saturday praised the efforts of King Salman and Crown Prince Mohammed bin Salman in strengthening Saudi-Iraqi relations.

Al-Asheikh was speaking at the Baghdad Summit of Parliaments of Neighboring Countries of Iraq.

The summit, hosted by Iraqi Parliament Speaker Mohamed Al-Halbousi, gathered top lawmakers from Syria, Saudi Arabia, Iran, Turkey, Jordan and Kuwait to discuss regional security, diplomacy and economic issues. Al-Asheikh said Saudi-Iraqi relations have recently developed after the visit of Iraqi Prime Minister Adel Abdul Mahdi to Riyadh with a high-level delegation.

Al-Asheikh stressed the desire of both countries’ leaderships to promote bilateral relations and common interests.

“We are meeting today at this summit to celebrate the victory of brotherly Iraq over terrorism and the elimination of the Daesh terrorist organization,” he said. 

“My country has contributed to the efforts of the international coalition forces to eliminate it and enact more legislation and laws that criminalize it.”

Al-Halbousi said his country’s relations with neighboring states are strong, and Iraq intends to develop them. 

“Today, Iraq is building a promising strategic partnership with all neighboring countries without any reservations or favoring any party,” he added.

Visiting officials pledged support for reconstruction and development efforts in Iraq, and for the country’s continued stability following its victory over Daesh after three years of war, Al-Halbousi said.

Iraq continues to fight terror with regional and international assistance, he added, thanking all countries that have supported this fight. 

The summit dealt with a number of topics, notably strengthening parliamentary cooperation between Iraq and neighboring countries, and supporting regional efforts against terrorism.

Baghdad and Riyadh have been at loggerheads since Iraq’s invasion of Kuwait in 1990, but they have recently undertaken a diplomatic push to improve ties.