An important circle of online exporting webinars for 2020, completed with: «doing business in saudi Arabia – COVID 19 Challenges and Opportunities». This series is organized by the Hellenic Investment and Foreign Trade Company (Enterprise Greece) in collaboration with Economic and Commercial Affairs offices around the world and is addressed to executives of Greek export companies.
Saudi Arabia is a target market for Greek products and services, while it is also a gateway for the markets of the Gulf and Middle East countries, as confirmed during the online conference, in which the response of the export companies was impressive, with 191 registrations.
The main conclusions of the webinar were:
- Although the coronavirus pandemic has affected Greek exports to Saudi Arabia, with a slight decline in 2020, there are many opportunities to develop bilateral trade.
- An important opportunity for Greek businesses is the development “Vision of Saudi Arabia for 2030”, as it is based on the diversification of the economy, the digitalization of services and the principles of sustainable development.
- The industries with a significant perspective, among others, are: food-beverage, construction industry, technology-innovation, energy and water, medicines, medical equipment and services.
- Important infrastructure and major construction projects are implemented
- In previous years, targeted promotion and promotion actions were carried out for the building materials industry. The participation in the BIG 5 SAUDI ARABIA is indicated.
The authorized advisor and executive member of the Board of Directors. of Enterprise Greece, Ms. Betty Alexandropoulou, said: “Saudi Arabia is a particularly dynamic market for Greek export companies, despite the challenges created by the COVID-19 crisis. It is an opportunity to take advantage of the preference for the Greek diet, the intense construction activity and the rapid digital development that takes place in the country. After all, innovation will be the prism, through which our comparative advantages will be highlighted through our national participation in the global exhibition EXPODubai 2020, which will take place next year. All these are strong advantages for Greek businesses and opportunities to penetrate the market of the Middle East, which geopolitically for our country, has increasing importance”.
Mr. “S. Arabia is the largest market in the Middle East and North Africa region (MENA Area) and at the same time it is a market with enormous potential for Greek businesses, thanks to the relative proximity to Greece, the good bilateral relations and above all the complementarity of produced products and services. However, it is a market with peculiarities and requirements, which requires attention and patience. The OEY Jedda office is at the disposal of every organization, collective body and business in Greece, to contribute to the further interconnection of the two markets”.
The 1os cycle of doing business in…– COVID 19 challenges and Opportunities, started in June with three webinars for the US market and continued with the markets of Germany, South Korea and Japan. It is part of a series of new Enterprise Greece initiatives, which aim to support our export businesses, which are called upon to face the difficulties and challenges created by the pandemic. Over 1000 were the participations in a total of 7 webinars, a number that shows the great response from the Greek companies. The cycle of these successful online export seminars will continue next year.
Enterprise Greece
Enterprise Greece (Hellenic Investment and Foreign Trade Company S.A.) is the competent national body, under the supervision of the Ministry of Foreign Affairs, for attracting investments to Greece and promoting exports, with the aim of promoting the country as attractive investment destination and promote the competitive export products and services of Greece.
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This text has been translated automatically from the original Greek. In case of any discrepancy or inaccuracy, the original Greek text prevails. The translation is provided for information purposes only.