FINANCIAL NEWS

Saudi signs USD1 trillion WTO agreement

08 Dec 2013

(MENAFN) Saudi Arabia has signed a USD1 trillion agreement with WTO in Bali aiming to boost the competitive position of Saudi Arabia, according to Arab News.

Commerce and Industry Minister Tawfiq Al-Rabiah said: “It’s a historic accord,” and he expects the Saudi exports will be positively affected.

Al-Rabiah added: “It will enable Saudi exporters to supply their goods in targeted markets at shorter time and lesser cost.”

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