Middle East Economic Survey
WTO Ratifies Saudi Arabias Accession
The World Trade Organization (WTO) General Assembly at a special session on 11 November in Geneva ratified Saudi Arabias application to join the organization. The ratification closes a 12-year long negotiation process which had been stalled until the US threw its weight behind a bilateral trade agreement with the kingdom early in 2005. A US-Saudi agreement was signed in September (MEES,...