Today, the Saudi Export Development Authority signed a memorandum of understanding with the General Authority for Foreign Trade, with the aim of coordinating cooperation and enhancing communication between the two parties at the strategic and operational levels, and in support of achieving the strategic objectives of the "Made in Saudi Arabia " program.
The memorandum of understanding was signed by the Secretary-General of the Saudi Export Development Authority, Mr. Faisal bin Saad Al-Baddah, and the Governor of the General Authority for Foreign Trade, Mr. Abdul Rahman bin Ahmed Al-Harbi.
The agreement aims to provide multiple aspects of cooperation between the Saudi Export Development Authority and the General Authority for Foreign Trade, in support of the "Made in Saudi Arabia" program, to achieve diversity in foreign trade in goods and services, and to enhance the Kingdom's commercial gains in international organizations; in addition to enabling access to the target markets for non-oil exports, and reducing the obstacles they face.
It is noteworthy that the "Made in Saudi Arabia" program aims to increase domestic consumption and market share of local goods and services, increase Saudi non-oil exports in priority export markets, and contribute to enhancing the attractiveness of the Saudi industrial sector for local and foreign investment.