Saudi Arabia - Belgium Business Forum “Vision 2030: Towards a Smart Partnership”

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Delegation Arabie Saoudite Business forum

On 21 November 2017, the Arab-Belgian-Luxembourg Chamber of Commerce, in collaboration with the Council of Saudi Chambers and AGORIA, had the pleasure to welcome a delegation of businessmen from Saudi Arabia.

On this occasion, the ABLCC organized a Business Forum, followed by a lunch in presence of the delegation and B2B meetings.

Mr. Johan BEERLANDT, Chairman of the Arab-Belgian-Luxembourg Chamber of Commerce, and Sheikh Hassan Isam AL KABBANI, Honorary Consul of Belgium in Saudi Arabia, opened this Business Forum by welcoming nearly 100 participants.

Mr. Johan BEERLANDT stressed the importance of the relations with Saudi Arabia at both European and Belgian level. Saudi Arabia is the first trading partner for the European Union as regards trade with Arab countries

AS FAR AS BELGIUM IS CONCERNED, BELGIAN IMPORTS FROM SAUDI ARABIA HAVE SEEN A 40% INCREASE! INDEED, BELGIAN IMPORTS ROSE FROM 1.5 BILLION EUR IN 2014 TO 2.2 BILLION EUR IN 2016, WHICH SHOWS A POSITIVE AND ENCOURAGING EVOLUTION FOR THE FUTURE.
Johan Beerlandt, Chairman, ABLCC

Sheikh Hassan Isam AL KABBANI took this opportunity to highlight the prosperous international relationships of Belgium. Thanks to its economy and its investment environment, Belgium attracted about 33 billion dollars of foreign investment in 2016 and represents 21.3% of the total exports of the EU. Belgium is also the 10th country importing from Saudi Arabia.

Although both countries can already be proud of these figures, Belgium and Saudi Arabia will unite their efforts to enhance total foreign trade between them.

Delegation Arabie Saoudite

As regards the seminar per see, Mr. Ziad AL SUBBALY, Marketing specialist, Saudi Export Program, gave an in-depth presentation on the Saudi Export Program. Among other things, he underlined the non-oil sectors growth in Saudi Arabia during these last years.

Thanks to the intervention of Mr. Basem ALSALLOM, Deputy Governor, Saudi Arabia General Investment (SAGIA), the attendees were given a comprehensive presentation on Saudi Arabia economic context and opportunities, and more precisely on its Vision 2030.

WE INVITE BELGIAN BUSINESS OWNERS TO PARTICIPATE IN THE IMPLEMENTATION OF THE INVESTMENT PROGRAMS EMBODIED IN THE VISION 2030 OF THE KINGDOM OF SAUDI ARABIA, WHICH INCLUDED MANY COMMERCIAL AND INVESTMENT OPPORTUNITIES SUITABLE FOR BELGIAN BUSINESSMEN IN VARIOUS FIELDS: HIGH TECHNOLOGY, TRANSPORTS, LOGISTICS, ICT, HEALTH, AND EDUCATION.
Sheikh Hassan Isam Al Kabbani, Honorary Consul of Belgium in Saudi Arabia

The ensuing question-time highlighted the genuine interest of Belgian entrepreneurs for the new vision 2030 and the Saudi Market!

After the Business Forum, participants could enjoy a lunch in presence of the Saudi Business Delegation and nurture their relationships.

To bring this interesting day to a close, the attendees had the chance to take part to particularly fruitful B2B Meetings with the Saudi Business Delegation.

This day demonstrated the common will of the two Kingdoms to expand their partnership!

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