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Australian businesses will have greater opportunity to engage with one of the fastest growing international trade markets following the establishment of the Australia-Saudi Business Council.

The Council was established in partnership between the Australian Industry Group and the Council of Saudi Chambers after a gap was identified for greater information and support on the ground for Australian business trying to navigate the Saudi market.

Ai Group Chief Executive, Innes Willox, said: “Saudi Arabia is a diverse and sophisticated export market with a particular interest in Australian products – including cars, infrastructure and mining technology. This Council will help business further explore this market.”

Joint- Managing Director of Dragoman and Chairman of the Australia-Saudi Business Council Tom Harley, said: “Saudi Arabia is already well recognised for its student exchange programs and I think there is certainly further scope for deeper engagement – beyond trade to education and cultural exchange.”

A Memorandum of Understanding was signed by Chairman, Tom Harley and Mr Samir Gabbani, on behalf of Mr Abdullah Al-Mobty, Chairman of the Council of Saudi Chambers and witnessed by the Minister for Trade and Competitiveness Dr Craig Emerson and the Saudi Minister for Agriculture the Hon Dr Fahd bin Abdurahman Balghunaim, in Canberra today.

Companies interested in joining the newly formed Australia Saudi Business Council are encouraged to register their interest with the secretariat at associations@aigroup.asn.au or 03 9867 0227

Media Enquiries: Gemma Williams – Ai Group – 0401 664 047