http://www.arabnews.com/?page=1§ion=0&article=69855&d=11&m=9&y=2005Kingdom All Set to Join the WTO by Year-End
M. Ghazanfar Ali Khan, Arab News
Saudi Deputy Minister of Commerce and Industry Fawaz Al-Alamy shakes hands with US chief negotiator Dorothy Dwoskin after signing the WTO accord in Washington on Friday. (SPA)
RIYADH, 11 September 2005 — Saudi Arabia appears all set to join the World Trade Organization (WTO) by the end of the year, following the signing of a key trade agreement with the United States on Friday, Commerce and Industry Minister Hashem Yamani said.
The agreement which was signed in Washington was the fruit of “nearly five months” of intensive negotiations and was “decisive” in Saudi Arabia’s drive to join the WTO, Yamani said.
The minister said he hoped Saudi Arabia would now be able to attend a WTO ministerial gathering in Hong Kong in December “as the 149th member” of the organization.
The Hong Kong conference is meant to set the seal on four years of negotiations for a comprehensive free trade treaty.
Saudi Arabia still needs to complete talks with other WTO members but the deal with Washington removes one of the biggest obstacles that stood in the way of its membership. The Kingdom has so far signed WTO accords with 38 countries.
Saudi and US officials have described the agreement as a major achievement and said it would boost investment, economic and trade cooperation between the two countries.
The Globalists will stop at nothing!
Now the nation who is the largest funder for world wide terrorism will be making even MORE money from Americans.
This is nuts and so are the globalists, but they've been in business with them for years, long before the White House. Yet another example of how our elected officials reward terrorism in this so-called war on terrorism.