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20250623524Business Councils
Business Councils
Joint business clusters combining both Saudi private sector and their counterparts worldwide, who have trade or investment relationship within the business council countries of coverage .
Objectives of the business councils
Increase awareness among Saudi and foreign private sector with regards the economic environment and investment opportunities (direct and indirect) within the countries of coverage of the business council.
Communicate with stakeholders in both countries to improve cooperation and overcome obstacles.
Contribute to possible amicable settlements of commercial disputes, if any, in both countries.
Attention to training programs, technical transfer, and right to knowledge.
Identify tax laws and regulations in both countries.
Prepare and publish annual reports on the investment climate in the two countries.
Encourage (mutual business visits – mutual conferences and exhibitions) and continuously work on (strengthening economic relations between both countries – establishing economic projects in both countries).
Mandates of the Business Councils
Discuss subject matters proposed by council members as per business council role, specialties and mandate, and share recommendation on these subject matters in alignment with Saudi Foreign Business Council regulation.
Submitting proposals related to developing the work of the Business Council.
Proposing the programs, plans and investment projects that can be utilized in the corresponding country, strengthen and enhance the Kingdom's economy, increase employment opportunities and invest in them, and submit them to the Chairman of the Council.
Discussing the annual report of the business councils, and share it with the chairman of the federation of Saudi chambers to share with GAFT.
As needed, represent private sector with relevant government entities, for example (Delegations-Events-Government joint committee).
Benefiting from the services provided by GAFT through workshops, economics reports, etc.
Participating in joint government committees with other countries representing Saudi private sector.
Contribute with views and share private sector voice during the journey of trade policy formulation by GAFT.
Terms of Membership of the Business Councils
Welling to participate in Volunteer work.
Ability to participate in Business Council events.
Able to speak a counterpart language or English.
Being a member on one of the Commerce Chambers.
Having a Clear crime and ethic record.
Link to the Saudi Chambers website Saudi Chambers website
Saudi-Foreign Joint Business Councils

The Saudi Business Council for the countries of the Northern European European region








Last modified date: Thursday 21 Safar 1447 corresponding 21 August 2025 10:18 AM KSA time