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Article: Saudi Arabia Strives to Join WTO
- Article from:
- Xinhua News Agency
- Article date:
- November 7, 1996
CopyrightCopyright 1996 Xinhua English Newswire. Provided by ProQuest LLC. (Hide copyright information)
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Saudi Arabia pledged to try every effort to satisfy trading
partners and commit itself to observing rules of the World Trade
Organization (WTO) in a bid to join the world trade body by 1997.
The official Kuwait News Agency reported that Saudi Arabia made
the promise Wednesday at a WTO working party meeting held in Geneva
to study Saudi Arabia's application to join the WTO.
Saudi Arabia held its first talks with the WTO in Geneva in May.
Experts and diplomats said Riyadh thought the advantages of
joining the WTO outweighed disadvantages even if it placed Saudi
economic policies under international scrutiny.
They cited several reasons behind Saudi's desire to join the WTO.
The membership would ...