General Authority for Foreign Trade (Saudi Arabia) explained

General Authority for Foreign Trade
Formation:	1 January 2019
Founder:	Government of Saudi Arabia
Purpose:	Foreign 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

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

The authority has primary duties, including :^[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

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