14/12/2014
Faraj calls Finland official to take advantage of incentives for technology transfer to the Kingdom
The Vice President of the Chamber, Mohammad Saad Faraj meet the Finnish Ambassador Pekka vaotilainin to the Kingdom in search of joint investment opportunities. Farraj said the Finnish official who met recently, durability and strength of the Saudi economy and broadly indicating that a prosperous and attractive market for high-quality products, referring to the facilities provided by the Kingdom to international companies to transfer their manufacturing bases to the Kingdom and significant incentives for technology transfer. Also the Finnish Ambassador Keith called to further cooperation and coordination at the level of regulation of trade delegations between the two sides and the marketing of investment opportunities in both countries, thus contributing to higher rates of trade between the two countries.
The two sides discussed the intensification of contacts between business segments are expected to grow in the future, the most important commercial and educational areas. Total trade between the two countries reached $ 995 million exports to Saudi Arabia Finland 78 million while imports amounted to $ 917 million, and trade between the two countries on the import of raw materials from the Kingdom, while Saudi Arabia Finland publishes several products of technical equipment, elevators and wood derivatives,
