The Saudi Government’s Role in Export Development

2 pages | 490 words

The Saudi government is working to diversify its economy and promote exports in order to reduce its reliance on oil revenue. To support this effort, the government has established a number of institutions and programs, including the Saudi Export Development Authority (SEDA), the Saudi Arabian General Investment Authority (SAGIA), and the Saudi Industrial Development Fund (SIDF). These organizations provide financial support for exporters, information on markets and opportunities, and assistance with market entry. In addition, the government organizes trade missions and exhibitions to promote exports and investments.