Abdulrahman Al-Fageeh, CEO of Saudi Basic Industries Corp, highlights the common objectives and values shared by Saudi Arabia and India, presenting a valuable opportunity for growth and collaboration. With longstanding economic and socio-cultural ties, the two nations enjoy cordial relations.
India Exports to Saudi Arabia was US$10.15 Billion during 2022, according to the United Nations COMTRADE database on international trade. Key Indian exports to Saudi Arabia include engineering goods, rice, petroleum products, chemicals, textiles, food products, and ceramic tiles.
Tradezspace, an e-commerce platform, has seized the opportunity presented by this relationship. By leveraging its extensive network and innovative solutions, Tradezspace has successfully facilitated trade between Indian exporters and Saudi Arabian buyers. The platform actively promotes the export of Indian goods, particularly in engineering, agriculture, and manufacturing sectors, contributing to bilateral trade and economic growth.
Tradezspace also plays a role in fostering cultural exchange by providing a digital marketplace for traditional Indian and Saudi Arabian products. This not only strengthens economic ties but also enhances cultural understanding and appreciation.
With a user-friendly interface, secure payment gateways, and efficient logistics network, Tradezspace ensures a seamless trading experience for businesses in both countries. By simplifying the trade process, the platform contributes to the ease of doing business between India and Saudi Arabia.
Tradezspace remains committed to capitalising on the thriving India-Saudi Arabia relationship. By identifying new opportunities, expanding its reach, and nurturing partnerships, the platform aims to drive trade, cultural exchange, and economic development between the two nations.
In conclusion, the shared objectives and values between Saudi Arabia and India create a favourable environment for collaboration. Tradezspace’s proactive approach in facilitating trade and promoting cultural exchange positions the platform as a key player in driving economic prosperity and strengthening ties between the two nations.