Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi Exporters to Reap Benefits From WTO Deal  Join our daily free Newsletter

MENAFN - Khaleej Times - 08/12/2013

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Khaleej Times) Saudi Arabia has welcomed the 1 trillion WTO agreement in Bali, saying it would strengthen the competitive position of Saudi products and boost global trade.

"It's a historic accord," said Commerce and Industry Minister Tawfiq Al-Rabiah, reported Arab News daily

He said the WTO agreement would have a positive impact on Saudi exports

"It will enable Saudi exporters to supply their goods in targeted markets at shorter time and lesser cost," he added

The Bali deal is the first major global agreement since the World Trade Organization was established in 1995

Members had worried that after a dozen years of failed talks, the WTO had turned into nothing more than a court for trade disputes

The Bali deal covers customs, agriculture and assistance for least developed nations

However, it pales in comparison to the ambitions of the failed Doha round of trade talks, which sought to break down larger barriers to industrial and farm goods.

 






  MENA News Headlines


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help