Abdolazeez Al Otaibi, Ambassador — Permeant Representative of the Kingdom of Saudi Arabia to the WTO
SMEs have a strong footing in Saudi Arabia, as they constitute about 90% of all businesses in the Kingdom. The government listed the development of SME's among the goals of its 10th development plan 2015-2019. Our working session aims to highlight the efforts of the Saudi government to remove the barriers limiting the development of SMEs and to increase their trade efficiency and competitiveness at both local and international levels.
In order to enhance their participation in the economy and to face the increasing globalization and trade across the world, Saudi businesswomen have had to enhance their participation through the establishment of SMEs and expand their activities into the global market. This second part of our working session will examine the challenges that Saudi businesswomen face as they participate in the global market and how these challenges are addressed.