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What benefits will the accession to the WTO bring to Saudi Arabia?

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What benefits will the accession to the WTO bring to Saudi Arabia?

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H.E. Jubarah Al Suraisry- Minister of Transport: Saudi Arabia has always been an open economy. Our leaders have never imposed restrictive or protective measures, and, consequently, we have drawn great benefits. Competition with international markets has raised the quality of Saudi products and boosted exports. We are a major player in terms of international trade, so I think the accession is positive for Saudi Arabia, for the WTO, and for the rest of the world. Being a member of such an organization will contribute to abetter trading system, and will be able to defend our interest better . Moreover, we will be able to contrast some of our laws and policies in international trade with others outside, and review them if necessary. The international trading system is under constant evolution, and it is very important to adapt to the times. Saudi Arabia has proven to be extremely successful in this matter. The Custodian of the Two Holly Mosques , King Abdullah bin Abd Alaziz is leading far

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