Arab News, Tuesday, Dec 22, 2020 | Jamadi Al Awwal 7, 1442
Taiwanese seafood firms granted KSA export approval
Saudi Arabia: The Saudi Food and Drug Authority (SFDA) has
granted permission for 23 Taiwanese companies to export seafood to the Kingdom,
it was reported on Monday.
Liao Hui-lin, head of Taiwan’s Food and Drug Administration, confirmed the
approvals had been granted by the SFDA on Nov. 29, according to a report by CNA,
the Taiwanese state news agency.
Since 2018, international suppliers must gain approval from the SFDA before they
can export seafood produce to the Kingdom.
“The Taiwan government will continue to provide assistance to local suppliers
interested in exporting seafood to the Middle Eastern country,” Liao said in the
report.
The move is part of growing connections between the two countries. According to
the CAN report, Saudi Arabia is Taiwan’s 13th largest trading partner, and trade
between the two countries was valued at $8.66 billion in 2019.
“As Saudi Arabia gradually shifts away from dependence on its oil exports, it is
adopting a diversified economic policy that encourages foreign investment,”
Taiwan’s Ministry of Foreign Affairs said in a report earlier this month.