US calls on Saudis to give up special status at WTO
04 Mar 2021; MEMO: The US has called on Saudi Arabia to give up its status as a "developing" country at the World Trade Organisation (WTO), which confers upon the Kingdom special treatment in economic negotiations.
"Saudi Arabia is a wealthy and influential player in the global economy," said Washington in a statement at the WTO. The Geneva-based organisation is carrying out its third review of the trade policies and practices of the Kingdom, a process due to end tomorrow.
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