60 Saudi firms participate in Baghdad trade fair

Saudi Energy Minister Khalid Al-Falih, center, with Iraq’s Trade Minister Salman Al-Jumaili, second right, open the 44th Baghdad International Fair in Baghdad on Saturday. (SPA)
Updated 22 October 2017

60 Saudi firms participate in Baghdad trade fair

BAGHDAD: Under the title “We liberated our land and with your cooperation we will build it,” Iraqi Trade Minister, Salman Al-Jumaili, launched the 44th Baghdad International Fair running from 21-30 October with Saudi Minister of Energy, Industry and Mineral Resources, Khalid Al-Falih, attending. The opening ceremony was also attended by the governor of Baghdad, Hashem Mohammed Hatem, with the participation of 18 countries and 400 local and international companies.

Al-Jumaili welcomed guests participating in this important economic fair, which serves as a platform for strengthening friendship bonds between Iraq and other Arab, regional and international.
“The launch of the 44th Baghdad International Fair coincides with the complete liberation of many Iraqi areas, and this is a clear and true message that Iraq is ready to cooperate in the fields of investment and reconstruction and is capable of fighting and combating terrorism and strengthening its relationships through real and constructive partnerships,” he said.
Saudi minister, Al-Falih, expressed his delight to be present in his second country, Iraq, and said that Saudi participation was characterized by including more than 60 companies of different purposes in the largest section in the fair.
He also explained that there are strong, cultural, economic and historical bonds between Saudi Arabia and Iraq and said, “Today, the two countries share the same vision, which aims to build a promising future for their people through building national capacities, investing in resources and establishing business and industrial partnerships in order to build a strong, diversified economy.”
Al-Falih pointed out that the two countries share many factors, including a comprehensive economy, as well as true potential, such as human capital, a strategic geographical location, energy, water, mineral and agricultural resources, exceptional industrial capabilities and tourism potential.
“Investing in these sectors will allow for better cooperation between the two countries,” he added.
“A good example of the importance of a successful cooperation between the two countries is the stability and improvement the oil market has witnessed as a result of cooperation between OPEC countries,” Al-Falih added.
Saudi Exports Development Authority (SEDA) Secretary-General Saleh Al-Salami said that the participation of the authority in the Baghdad International Fair stems from its role in promoting Saudi products to reach international markets.
Al-Salami clarified that the Kingdom, through its participation, stresses the political and economic openness between the two countries; its concern to include its best companies in the Iraqi market in order to increase the exchange between the two countries; its determination to show the high quality of Saudi products and their competitiveness with international products; and the capacity of Saudi products to efficiently and effectively cover neighboring states.
This step also stresses the authority’s desire to “contribute in boosting the national economy by focusing on non-oil exports and diversifying the sources of income to achieve Vision 2030 and encourage national companies to participate in the exhibitions organized by the authority.”
Al-Salami said: “The choice of the Iraqi market is a result of many discussions held between the authority and a number of exporters to discuss and determine major challenges they have been facing, find solutions to overcome them, and find ways that facilitate the arrival of Saudi products on the Iraqi market.”

He added that the authority, through its participation, aims to discover new market opportunities for Saudi products in a promising market like the Iraq, and facilitate the export process to the country in cooperation with the relevant authorities.


Saudi body to help UN devise policies for sustainable living

Updated 13 August 2020

Saudi body to help UN devise policies for sustainable living

  • Saudi Green Building Forum granted accreditation as an observer to UNEP governing body

RIYADH: A professional association from Saudi Arabia will play a key policymaking role at a UN governing body addressing the importance of environmental needs.
Following careful assessment and consideration of the commitments and engagements of the Saudi Green Building Forum (SGBF), the nonprofit organization has been granted accreditation as an observer at the governing body of the UN Environment Program (UNEP). SGBF will play a role as an observer at all public meetings and sessions of the UNEP and its subsidiary organs.
Speaking to Arab News, Faisal Al-Fadl, founder of the nonprofit organization, said that the forum’s mission has been developing for the past 10 years and this accreditation was considered an important step in strengthening the role of Saudi civil society institutions, locally and internationally. This was in line with Vision 2030, which has not only played an integral role in the NGO’s mission but also paved the way for the Kingdom’s people to go the extra mile in building an advanced and resilient society.
SGBF was initiated in 2010 and established in 2014. In 2017, it became the first professional body from Saudi Arabia in consultative status with the UN.
“The Saudi Forum was an advocacy group with an honest voice to bridge the gap; through UNEP we now have the tools to become the policymakers,” Al-Fadl said. It is a challenge that the group founder says will be met by providing communities with the proper tools to implement commitments.
As the observing body on the environmental framework at the UNEP, SGBF’s role will include promoting its concepts and goals to be reflected within the community of change. For change to happen, people of a community at a grassroots level who have committed to the preservation of moral codes of conduct are key to changing mentality and behavior to guarantee a future for the next generations, Al-Fadl said.
“As an open platform, our role is being the honest voice of bridging the gap. Economic and social progress accompanied by environmental degradation and pandemics are endangering the very systems on which our future development and our survival depends,” he said.
SGBF represents the Kingdom and its call to communities, stakeholders, and policymakers to build on the principles of volunteering, advocacy and sustainable development.
For the NGO, their next step is increasing the engagement of civil society, finding solutions to the problem of volunteer integration in societies, and to prioritize and address social challenges for women, youth and the elderly, calling on member states to increase their role in building and developing practices that minimize the negative impact on the planet.
Al-Fadl added that protecting the planet and building resilience was not easy. Without bolstering local action, including volunteers to accelerate the implementation, it would be a long time until goals were met and result seen, he said.
“UN member countries have the responsibility in confronting the human crisis of inestimable proportions, which impose its heaviest tolls on the supply chain for those marginalized and
most vulnerable in cities and communities around the world,” Al-Fadl said.