Negotiating to Enter into Partnership with Saudi Arabia

June, 2023
Rostselmash has taken part in Made in Russia + INNOPROM, a premier cross-industry business mission hosted by the Chamber of Industry and Commerce in Riyadh, Saudi Arabia

This is the first time that the flagship project led by the Russia’s Ministry of Industry and Trade has stepped outside the EAEU. The event was attended by over 100 major Russian companies, and small and medium-sized businesses as well.

The agenda included a plenary session attended by Russia’s MoI&T senior executives and Saudi Arabia’s government authorities, and CEOs of the major manufacturers, all sharing their vision of how partnership between the two countries should evolve.

In the industrial project presentation area, Rostselmash showcased proprietary solutions for agricultural industry and technology. The company showed the audience a line-up of agricultural equipment comprising over 150 models and versions, and electronic systems to boost agricultural business performance.
Ростсельмаш учавствует в деловой миссии Made in Russia
The company’s stand was visited by Ajlan Al-Ajlan, Chairman of Saudi Arabia’s Chamber of Commerce, Badr Al-Badr, Vice Minister of Investment of the Kingdom of Saudi Arabia, Alexey Gruzdev, Vice Minister of Industry and Trade of the Russian Federation, and other VIPs.

The many talks held showed that SA’s growers are very interested in doing business with Russia’s agricultural equipment makers. There were various options for partnership on the table. Showcases of machines and equipment stirred much interest from local farmers.

In the context of rising financial and economic changes, Russian manufacturers are actively exploring new markets. Many experts view Saudi Arabia as one of the most promising partners. Today, the Kingdom is experiencing a true industrial revolution, with dozens of industrial towns coming into being, providing special privileges for overseas investors.
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