RIYADH: The leader of the visiting US trade team is hopeful that bilateral trade between the Kingdom and the United States will greatly improve under the leadership of Barack Obama who is to become the country’s president on Jan. 20.
“We hope that there will be enhanced trade activities between the two countries under the new administration led by Obama,” Mark C.Myrick, leader of the trade team from the State of Virginia, told Arab News yesterday. He predicted that business during the first half of 2009 will move at a slow pace due to the current financial crisis.
Myrick who is leading a 20 member team from 13 Virginian companies, was speaking at the luncheon hosted in his honor by the US-Saudi Arabian Business Council at the Equestrian Club yesterday.
