Saudi Arabia, Japan strengthen cultural collaboration with new MoU    Slovak president meets Saudi delegation to bolster trade and investment ties    Civil Defense warns of thunderstorms across Saudi Arabia until Tuesday    Saudi defense minister meets with Swedish state secretary    Navigating healthcare's future: Solutions for a sustainable system    Sixth foreign tourist dies of suspected methanol poisoning in Laos    Hungary's Orbán vows to ignore war crimes arrest warrant for Netanyahu    Russia gives North Korea million barrels of oil, breaking sanctions: report    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws    Al-Jasser: Saudi Arabia to expand rail network to over 8,000 km    OMODA&JAECOO: Unstoppable global cumulative sales over 360,000 units    Al Hilal doesn't need extra support to bring new players, CEO says    Saudi Arabia sees 73.7% rise in investment licenses in Q3 2024    Rafael Nadal: Farewell to the 'King of Clay'    Indonesia shocks Saudi Arabia with 2-0 victory in AFC Asian Qualifiers    Sitting too much linked to heart disease –– even if you work out    GASTAT report: 45.1% of Saudis are overweight    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi Arabia Stresses Importance of Multilateral Trading System, Says Official
Published in Saudi Press Agency on 17 - 12 - 2011

Under Secretary of the Ministry of Commerce and Industry for Technical Affairs Dr. Mohammed bin Hamad Al-Kathiri, who is heading the delegation of the Kingdom of Saudi Arabia to the 8th ministerial conference of the World Trade Organization (WTO), has stressed the importance of the multilateral trading system to facilitate the movement of trade.
In the Kingdom's speech delivered at the first day of the three-day conference which was concluded today in Geneva, Dr. Mohammed bin Hamad Al-Kathiri said that the commitment to free trade is a pre-requisite for economic prosperity.
Dr. Al-Kathiri added that the Saudi Government was keen to preserve the freedom of trade and fight protectionism and that it avoided imposition of any restrictions during the global financial crisis in line with the rules and the WTO agreements and the Kingdom's commitment to the positions of the Group of Twenty.
He stated that the Kingdom has fulfilled its obligations to the WTO and that Saudi Arabia is keen to end the Doha Round of negotiations in the light of commitment to the basic principles governing the Round.
Dr. Al-Kathiri said that the Kingdom, which is playing the role of coordinator of the Arab group at the organization, calls for approving Arabic as an official language of the organization.
On the sidelines of the conference, Dr. Mohammed bin Hamad Al-Kathiri held meetings with officials of China, Malaysia, Singapore and Sweden aimed at boosting commercial relations between the Kingdom and these countries and promoting investment in Saudi Arabia.


Clic here to read the story from its source.