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Saudi Arabia


Saudi Arabia says it will impose legal measures against unilateral free trade agreements
Saudi Finance Minister Dr. Ibrahim Al-Assaf said the Kingdom will be forced to take measures, including legal action, to protect its interests from being harmed by unilateral free trade agreements concluded by Gulf Cooperation Council states with other countries.
Saudis threaten action over US-Bahrain FTA deal
Saudi Arabia threatened yesterday to impose customs duties on foreign goods imported duty-free through Gulf Arab countries, intensifying a Saudi-Bahraini row over a trade agreement with the United States.
US-Bahrain trade deal exposes GCC chinks
The US-Bahrain deal undermines the GCC (Gulf Cooperation Council) as a collective body.
Rift over FTA could harm Gulf economic integration
The Saudi-Bahraini dispute over Manama’s free trade pact with Washington that overshadowed a summit of Gulf Arab states could derail their bid for economic integration, economists said yesterday.
US trade tactic splits Arab states
A free trade deal between the United States and the tiny Persian Gulf Kingdom of Bahrain is causing friction with other Arab states, which say the pact could weaken their economic bloc ahead of future trade talks with Washington.
Saudi-US TIFA designed to boost ties after Sept. 11 events
Minister of Commerce and Industry Dr. Hashim Yamani and US Trade Representative Robert B. Zoellick signed in Washington last week a Trade and Investment Framework Agreement (TIFA) designed to boost bilateral relations in the wake of the Sept. 11 events and the Iraq war. The agreement, signed in Washington on July 31, was released by the US Embassy here yesterday.