The CAFS was one of the first business councils registered by Royal Decree under the Saudi Council of Chambers of Commerce in 2003. As a non-profit organisation depending on its members for financing, the CAFS is an economic group representing the business community in the Kingdom of Saudi Arabia, and bringing together companies wishing to develop trade relations between the Kingdom of Saudi Arabia and France. Its main objectives are: - To develop and improve relations between the business communities in both countries and to bring attention to any possible synergies. - To encourage the exporting and exchange of goods and services through ongoing communication, the provision of information, and business visits in both countries. - To communicate with the authorities from both countries in order to improve cooperation and eliminate obstacles. - To encourage the construction of economic projects in both countries by identifying the best funding channels and providing information to business people interested in these projects. - To help finding amicable agreements for any possible trade disputes between business people from the two countries. - To focus on training, technology transfer, and the access and to exchange programs.