US-Saudi Business Forum Kicks Off Monday

Published: September 15, 2013

Editor’s Note:

SUSRIS will report from the 3rd US-Saudi Business Opportunities Forum from today through its conclusion on Wednesday afternoon. SUSRIS will also distribute and catalog press releases from the Forum organizers. We encourage other media to monitor SUSRIS email, postings and social media for snapshot and wrapup reporting.

SUSRIS Forum reporting can be reprinted without prior permission. We appreciate attribution to SUSRIS.com.

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FOR IMMEDIATE RELEASE

Contact: Patrick Ryan
Cell: 1-931-261-2353
Email: patryan@susris.com

U.S.-SAUDI BUSINESS OPPORTUNITIES FORUM SET TO OPEN

Officials and business people assemble in Los Angeles to further commercial ties.

Los Angeles, September 15 – Hundreds of American and Saudi officials and business people are arriving in downtown Los Angeles today to prepare for the third in a series of major conferences connecting commercial opportunities in the Kingdom of Saudi Arabia with international partners.

“The idea for these events has been to expand the commercial bridges between the United States and Saudi Arabia,” said Omar Bahlaiwa, Secretary General of the Riyadh-based Committee for International Trade, one of the Forum organizers. He added, “The forums address the long-term business-to-business ties and the opportunities for trade and investment with Saudi Arabia. They focus on the openings in Saudi Arabia for working with our American partners and build on the very close business relations we’ve enjoyed for decades.”

The three-day Forum will feature opening remarks by Saudi Arabian Minister of Commerce and Industry Dr. Tawfiq Al Rabiah and U.S. Commerce Secretary Penny Pritzker on the scope and scale of U.S.-Saudi trade and investment opportunities. Other cabinet level and senior government officials will be joined by business leaders and specialists to address the $1 trillion in trade and investment opportunities in the next decade. The broad spectrum of sectors that will be covered in plenary sessions, breakout panels, information booths, networking opportunities and online forum resources include: education, information technology, healthcare, water, construction, energy, finance, chemicals, transportation, agriculture, industrial infrastructure and power generation.

The Forum in Los Angeles builds on successful events in Chicago and Atlanta and marks the historic ties between Americans and Saudis, according to Bahlaiwa, “Saudi Arabia is a key strategic partner of the United States in the Middle East in many spheres, not just in business. Both sides have always valued the strength of the relationship.” The importance of the relationship will be marked by keynote addresses from Ambassador to Saudi Arabia James Smith and Ambassador to the United States Adel Al Jubeir.

The 3rd U.S.-Saudi Business Opportunities Forum will run from September 16-18 at the J.W. Marriott L.A. Live. The Forum is under the patronage of the Saudi Arabian MinIstry of Commerce and Industry and is organized by the Committee for International Trade, the Saudi-US Trade Group and the US-Saudi Business Council. Information is available on the Forum web site (www.us-saudiforum.com) and reports during the event will be shared on SUSRIS.com.

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If you’d like more information about the Forum please contact Patrick Ryan (Cell: 1-931-261-2353 or Email: patryan@susris.com

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