Saudi Press

Saudi Arabia and the world
Tuesday, Aug 11, 2026

Saudi, US commerce ministers hold key talks

Saudi, US commerce ministers hold key talks

Minister of Commerce Dr. Majid Al-Qasabi held a meeting with US Secretary of Commerce Gina M. Raimondo in Washington over means to enhance economic and commercial relations between the two friendly countries.
Saudi Ambassador to the US Princess Reema bint Bandar bin Sultan was present at the meeting.Al-Qasabi, who heads a Saudi delegation on a visit to the United States, said the discussions came as part of both countries’ keenness to increase bilateral coordination according to a joint action plan that can increase the commercial exchange opportunities in several promising economic sectors, such as: building the green economy, strengthening the role of women in doing business, developing small and medium enterprises (SMEs), and promoting innovation.

Later, Al-Qasabi held a meeting at the Georgetown University with Professor Jennifer A. Hillman, president of the World Trade Academy, and several officials at the university in the presence of the Saudi ambassador and Deputy Minister of Commerce and CEO of the National Competitiveness Center Dr. Eiman Al-Mutairi.

The meeting touched on the academy’s experiments and other recently launched projects, such as the center of comprehensive trade and development, in addition to going over cooperation opportunities.

Al-Qasabi also met with President and Chair of the Board of Directors of the Export-Import Bank of the United States (EXIM) Reta Jo Lewis, in the presence of the Saudi ambassador, over means to enhance Saudi-US economic partnership.

The delegates also held bilateral meetings with several officials at the US Department of Commerce with the aim of institutionalizing and enhancing communication between the two sides at all levels, in addition to reviewing the top reforms implemented to increase Saudi Arabia’s competitiveness.

The Saudi delegates and US officials discussed bilateral partnership and promising opportunities in the fields of hydrogen production and waste management, as well as promoting innovations through protecting intellectual property, enhancing the knowledge economy based on artificial intelligence, cloud storage, data flow, developing SMEs, and the role of women and their participation in economic development.

The delegation included Governor of the Saudi Standards, Metrology and Quality Organization (SASO) Dr. Saad Al-Qasabi and CEO of the Saudi Authority for Intellectual Property (SIAP) Dr. Abdulaziz Al-Suwailem, in addition to representatives from several ministries, the Small and Medium Enterprises General Authority (Monshaat), Saudi Authority for Data and Artificial Intelligence (SDAIA), the General Authority for Foreign Trade; National Competitiveness Center (NCC), Saudi Aramco and Saudi Investment Recycling Company (SIRC).
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Trump’s Top General Seeks an Exit Strategy From Iran War, Report Says
Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy
UFO: Pentagon Releases Video of Unidentified Object Tracked Over Middle East
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules
Saudi Arabia, Turkey and Pakistan Sign Mutual-Defence Pact
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
A SpaceX Rocket Is About to Crash Into the Moon — and Scientists Hope to Watch
Modern Slavery Decisions Broaden the Al Fayed Inquiry’s Frame
FIFA’s Retreat Leaves a Larger Question Over Who Guards the Game
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Arrest Warrant Issued in Lebanon for Tycoon Spotted Meeting Netanyahu in Washington
Trump says Israel ‘would not survive’ without US
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Spain Defeats Argentina in Extra Time to Win Second World Cup
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
US Retaliates Against Iran After Two American Troops Killed in Jordan
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Gold and Cash Seizure Puts Indonesia’s Senior Anti-Corruption Prosecutor Under Investigation
The Ledger Will Not Trust on Faith
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
Leadership Change and Strategic Rivalry Redraw the Political Map
The AI Race Enters Its Infrastructure Era
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
×