The General Authority of Foreign Trade announced the establishment of the Saudi-Foreign Business Council. Abdullah bin Mohamed Al-Ajmi was elected as chairman of the Saudi-Ethiopian Business Council, and Omar bin Abdullah Al-Kharashi and Misfer bin Musaed Al-Shahrani as vice presidents.
The elected chairman of the Saudi -Portuguese Business Council was Alwaleed bin Khaled Al-Baltan, and Tarfa bint Abdulrahman Al- Mutairi and Turki bin Nasser Al-Khalewi vice presidents.
GAFT oversees the Joint Business Councils, which are representatives from the Kingdom's business sector and their counterparts in other countries, who have investments or business operations, and they are (45) bilateral and regional business councils.