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Dear Friends and Businessmen, TSN web site provides important information about the Kingdom of Saudi Arabia, the Saudi Arabian economy, the Kingdom's commercial and foreign trade policy, reaching the Saudi Arabian market, important Saudi investment and business regulations, and links to the web sites of Saudi ministries, independent government agencies, banks, Saudi business entities, and other useful Saudi links. Make TSN's web site your window to business opportunities in the Kingdom of Saudi Arabia.
The relationship between the Kingdom of Saudi Arabia and the United States of America is not only diplomatic, but it is also economic in character. In the late 1930s American companies discovered vast oil reserves in the Kingdom. The United States has remained Saudi Arabia's major trading partner for more than half a century. American companies have been instrumental in building up the Kingdom's modern infrastructure. Tens of thousands of Americans have lived, worked, and participated in hundreds of projects and joint ventures in the Kingdom. In the meantime, tens of thousands of Saudi students received their higher education in the United States. The common interests between our two countries compel us to continue working together for peace and prosperity.
TSN's mission is to strengthen, support, and enhance the already strong and vital bilateral trade relations between the Kingdom of Saudi Arabia and the United States of America. SACO counsels trade between our two friendly countries and provides the American business community with needed business contacts information, guidance, and advice about investment and doing business with the Kingdom. SACO also assists Saudi and American companies to settle their commercial disputes amicably.
The Kingdom's accessions to the World Trade Organization, the higher world demand for oil, and the current economic and social reform have provided an unprecedented healthy business and investment climate in the Kingdom, and usher in a dawn of new trade era. The Kingdom of Saudi Arabia is the economic and business hub of the entire Middle East region. The Kingdom is currently offering, through the Committee for the Development of International Trade of the Council of Saudi Chambers of Commerce and Industry, more than US$623 billion in market opportunities through the year 2020 ( www.saudichambers.org.sa or http://www.sauditrademission.com/ ).
I wish you every success in your business endeavors with the Kingdom, and hope that you will consider taking part in furthering closer commercial ties between our two countries.
Turki Al-Faisal
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