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Informative Speech On Globalization

Satisfactory Essays

Topic: Globalization and Trade opportunities
General Purpose: To Inform
Specific Purpose: To inform my audience about the opportunities brought by globalization when trade is concerned.
Thesis: Globalization trade opportunities as the world has become closer and tied in client demand and supply structures.
Introduction:
Distinguished Guests, Colleagues, Ladies and Gentlemen: As-salamu alaykum. It is an honor and a privilege to join you at this meeting, and to reflect with you on trade opportunities between our two companies. With trade flows between our countries growing at an unprecedented rate, the timing of your visit could not be better. Indeed, for many years, people have been buying and selling to one another from all corners …show more content…

We are looking for a Saudi partner to embark in a joint venture. There are several agreements ratified by the United States to help companies do businesses in Saudi Arabia. Indeed, in 2003, the United States signed a Trade and Investment Framework Agreement (TIFA) with Saudi Arabia. The agreement “promotes the establishment of legal protections for investors, improvements in intellectual property protection, more transparent and efficient customs procedures, and greater transparency in government and commercial regulations” (Saudi Arabia - Trade Agreements, n.d., para.3), Ladies and Gentlemen, this type of agreement will give us more latitude to carry out our project.
Now that I have discussed globalization and its benefits when our venture is concerned, I will discuss trade opportunities between our two companies. Business opportunities in Saudi Arabia are endless. As suggested by Doingbusinessguide.com (n.d.): “The World Economic Forum ranks the Kingdom 6th in the world for Local Supplier Quantity and 24th for both Value Chain Breadth and Production Process Sophistication. […] Saudi Arabia’s domestic industries – from energy and chemicals to transportation – provide industrial projects with exceptional opportunities for cost savings”. I believe that our idea to expand in Saudi Arabia is a perfect way to grow both our businesses. We have the skills to provide your company with all the materials you need for your construction jobs. Both our

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