Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
A meeting has organized between Saudi businessmen and their Malaysian counterparts in Jeddah yesterday, according to the Consulate General of Malaysia Commercial section. The two countries' trade volume is more than SR 15 billion, Saudi Arabia remaining a major trading partner of Malaysia. More than Malaysia's 11 specialized companies in metal industry, engineering services, construction companies, and manufacturers are in Saudi. Saudi Arabia was one of the most important markets, in 2012. More than 100 Malaysian companies are registered with SAGIA (Saudi Arabian General Investment Authority). Some are involved in projects like Makkah development, Kingdom Tower and township development in Jazan. According to Yem, trade commissioner MATRADE of Jeddah, the bilateral trade reached $ 3.66 billion in 2012 from $ 260 million in 1990. In 2012, Malaysia’s total exports to Saudi Arabia were $ 1.22 billion. The major exports were electrical and electronic products, as well as those of metal, machinery, and appliances and parts. Sylodium (global import export directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; Kuala Lumpur (Malaysia) - Riyadh (Saudi Arabia) or any city around the World.
