The Saudi British Joint Business Council UK (SBJBC UK) is delighted to announce this Barriers to Trade Project as part of our continued efforts to advocate for the Saudi-British trade relationship and to support British businesses in Saudi Arabia.
The Saudi British Joint Business Council (SBJBC) is pleased to announce the launch of a project examining the experience of businesses in Saudi Arabia. As the Kingdom continues to make remarkable progress in its business reforms in line with Vision 2030, SBJBC remains committed to supporting foreign direct investment and offering insights that strengthen trade opportunities.
In response to the increasing number of international firms of all sizes active in the Saudi market, and as a continuation of our efforts to support British business in Saudi Arabia, we have initiated this project to identify general and sector-based insights into the business environment and any challenges they may be facing. The process will begin with a comprehensive survey examining the current business landscape. These findings will form a report, which will include relevant case studies from companies with feedback. This will then be presented to the senior Saudi and British officials and stakeholders at a roundtable of the side of SBJBC’s Mansion House summit.
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As part of SBJBCs wider Project, our Barriers to Trade Survey is live and actively collecting valuable insights from professionals and companies like you. Your feedback will help identify key challenges and inform potential solutions.
Your participation matters – help us build a more comprehensive picture of the current trade environment with Saudi Arabia.
Deadline: Saturday 15th March
These insights and trends will support SBJBC’s goal of strengthening trade and business relationships between the UK and Saudi Arabia, whilst acting as a forum for UK SMEs and businesses to be heard. Reflecting the Kingdom’s goals of economic diversification and private sector growth, our work here aligns with Vision 2030’s target of increasing the contribution of SMEs to 35% of GDP. The survey will be the first step towards raising specific policy suggestions to the relevant stakeholders.
This presents an opportunity for UK businesses to contribute to the current and future dialogue around conducting business in the Kingdom, building on the significant progress already made. We aim to use the project to start an open dialogue with regular checks and updates to track progress in the years ahead.
The survey will be anonymous, with opportunities for respondents to become case studies should they wish, requiring a waiver of anonymity. It will remain open until Saturday 15th March, after which we will begin data analysis.
This represents a significant opportunity to build upon Saudi Arabia’s impressive achievements and strengthen the trade relationship between the two Kingdoms. We appreciate your time and contributions and look forward to publishing our findings.
On the sidelines of the Standard Incentives for the Industrial Sector program 2025, Saudi Minister of Investment Khalid Al-Falih discussed a new initiative focused on de-risking investments for international small and medium-sized enterprises (SMEs). This marks a significant shift in the Kingdom’s economic strategy and outlook, aiming to attract international SMEs and strengthen domestic enterprises. This reflects a maturation of understanding of economic development patterns that are demonstrated in advanced economies and perhaps a future indication of economic plans following Vision 2030. These developments are of particular interest to UK SMEs and when considering trade barriers, show that positive change is occurring at an increasingly rapid rate in the Kingdom. To support this change, engaging with SBJBC’s Barriers to Trade survey will enhance the data available to add to the ongoing positive dialogue concerning UK businesses in Saudi Arabia.
To read more about de-risking SME’s within Saudi Arabia, click here.
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