2005 News Story

Saudi Arabia officially becomes the WTO’s 149th member

Saudi Arabia formally joined the World Trade Organization (WTO) today, becoming the organization’s 149th member.

The Kingdom was approved for membership in the WTO on November 11, 2005. It became a full member 30 days later, on December 11, two days before the WTO summit begins in Hong Kong.

Meanwhile, a high-level Saudi delegation has arrived in Hong Kong, led by Minister of Commerce and Industry Dr Hashem Yamani. The delegation also includes Minister of Transport Dr Jubara Al-Sureisiri; Minister of State Abdullah Alireza, who is also the deputy chairman of the delegation; Abdulwahab Attar, Saudi Arabia’s permanent representative to the WTO in Geneva; Prince Abdulaziz bin Salman, Assistant Minister of Petroleum and Mineral Resources for Petroleum Affairs; and Dr Mohammed Al-Jassir, Vice Governor of the Saudi Arabian Monetary Agency.

Saudi Arabia is the world’s 13th largest merchandise exporter and 23rd largest importer.