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General Authority for Foreign Trade (Saudi Arabia)

From Wikipedia, the free encyclopedia
General Authority for Foreign Trade
Formation1 January 2019
FounderGovernment of Saudi Arabia
PurposeForeign Trade
Parent organization
Ministry of Commerce and Investment

The General Authority for Foreign Trade is a government agency in Saudi Arabia was established on 1 January 2019 and responsible for enhancing the international commercial and investment activities of the Kingdom.[1][2]

Structure

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The authority is governed by a board of directors headed by the Minister of Commerce and Investment. The board of directors includes representatives from other ministries and governmental agencies. The current governor of the authority is Abdulrahman Al Harbi who was appointed by a royal decree issued on 23 March 2019.[3]

Responsibilities

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The authority has primary duties, including :[3][4]

  • Enabling Saudi non-oil exports to target markets.
  • Supporting the private sector to participate in foreign trade effectively.
  • Eliminating any obstacles facing foreign trade.

References

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  1. ^ "Saudi Arabia to set up general authority for foreign trade". ArgaamPlus. Retrieved 2019-07-09.
  2. ^ "Who's Who: Abdulrahman Al-Harbi, governor of KSA's General Authority for Foreign Trade". Arab News. 2019-03-27. Retrieved 2019-07-09.
  3. ^ a b Department, Knowledge Management. "Kingdom of Saudi Arabia - Ministry of Commerce and Investment". mci.gov.sa. Retrieved 2019-07-09.
  4. ^ "New head of foreign trade thanks King for his trust". Saudigazette. 2019-03-24. Retrieved 2019-07-09.