Middle East Economic Survey
Saudi Government Approves Kingdoms WTO Entry
The Saudi cabinet on 24 October approved documentation for the kingdoms accession to the World Trade Organization (WTO) and delegated Commerce and Industry Minister Hashim Yamani to sign on behalf of the kingdom. The 150-member Shura Council on 18 October had approved the move. Some Saudi businessmen fear that opening up sectors such as industry and agriculture will have a serious...