Islamic Finance

Saudi Arabia looks for free trade agreement with 11 countries in exports push


Published 20 Aug,2021 via Arab News - Economy - RIYADH - Saudi Arabia is looking for more trading partners under free trade agreements as the country aims at increasing non-oil exports share in GDP.

The kingdom is resuming negotiations for free trade agreements with 11 countries, Okaz paper reported, citing a circular by the Federal of Saudi Chambers (FSC) to all chambers of commerce operating in the Kingdom, based on a directions of the General Authority for Foreign Trade (GAFT).

Target countries are China, India, Pakistan, Australia, New Zealand, Britain, Indonesia, the Philippines, Bangladesh, Sri Lanka, and the United States of America.

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tags:

Exports
Free trade
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