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Saudi Arabia applies Arab trade zone agreement
Saudi Arabia, Economics, 2/19/1998
The Saudi Cabinet has authorized the Ministry of Finance to take the necessary procedures and customs adjustments to facilitate and develop commercial exchange between Arab states through the implementation of the Arab Free Trade zone requirements.
The Cabinet also decided to permit imports of dates, wheat and flour to Saudi Arabia, and an adjustment of customs fees by 100% or as per the rules agreed upon by Saudi Arabia with the International Trade Organization.
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