The Ministry of Commerce and Industry plans to hold the 3rd Saudi-American Business' Forum, in Los Angeles on 16-18 of September.
The Forum is to take place, in line with other business forums held by the Kingdom in other countries such as Belgium, Japan, France as well as the U.S.A, in the framework of promoting economic and investment related relations, between the Kingdom and other countries tied to it with friendly and trade exchange relations.
An authoritative source at MCI said, adding that coordination to effect the forum, has been made with pertinent U.S. bodies, at the level of government's officials and businessmen, from the two countries, reaffirming that this third forum of its kind between the Kingdom and the U.S. will focus on developing and enhancing bilateral economic, investment and commercial relations, namely in the domains of commerce, investment, economy and finance, health, education and energy and water.
Noteworthy, the volume of bilateral Saudi-American trade exchange stood in 2012 at $ 18378. While Saudi exports recorded $ 1322, the imports soared to $ 17056.