Workshop held over future of e-commerce in Riyadh

Ministry of Commerce held a two-day workshop in Riyadh to discuss challenges in e-commerce. (Stock photo/Getty Images)
Updated 06 December 2018
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Workshop held over future of e-commerce in Riyadh

  • Experts from the organization also addressed challenges within the field and proposals made by member states

RIYADH: The Ministry of Commerce and Investment (MCI) held a workshop in conjunction with the World Trade Organization (WTO) in Riyadh on Wednesday to discuss the future of e-commerce.
Participants at the two-day workshop included representatives from several governments, as well as a Saudi e-commerce technical team that included officials from the private sector.
According to the ministry, the program was designed to enhance capacity building at a national level.
“The aim of this workshop was to discuss the latest developments in the field,” said one media source, who added that the ministry wants to take full advantage of the technical assistance provided by international organizations like the WTO.
The WTO is currently intensifying efforts to bring e-commerce to the forefront so that it is adopted among all of its member states.
A host of submissions were put forward by members as part of an exploratory scope of work in support of future talks on the trade-related aspects of e-commerce.
Experts from the organization also addressed challenges within the field and proposals made by member states.
The preparatory process came in implementation of a joint statement signed by 71 members at 11th WTO ministerial conference, which was held last year in Argentina.
During the conference, members acknowledged the opportunities provided by e-commerce in fostering inclusive trade and development.
Saudi Arabia joined the WTO in 2005 and actively takes part in WTO meetings to strengthen national interest through these multi-lateral trade systems.


Saudi Arabia, UAE to attend US-led Palestine investment meeting

Updated 23 May 2019
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Saudi Arabia, UAE to attend US-led Palestine investment meeting

  • The Palestine Liberation Organization and Islamist group Hamas have called for an Arab boycott of the meeting
  • Saudi Arabia has assured Arab allies that it will not endorse any US plan that fails to meet key Palestinian demands

JEDDAH: Saudi Arabia and the UAE will participate in a conference next month in Bahrain aimed at encouraging investment in the West Bank and Gaza Strip, as part of US President Donald Trump’s long–awaited Israel–Palestine peace plan. 

The Peace to Prosperity conference, to be hosted on June 25–26 in cooperation with the US, has already been rebuffed by Palestinian officials and business leaders, who want their political demands met by any proposed solution to the conflict.

The Palestine Liberation Organization and Islamist group Hamas have called for an Arab boycott of the meeting.

The Saudi minister of economy and planning, Mohammed bin Majid Al–Tuwaijri, will attend, the Saudi Press Agency reported on Wednesday.

The UAE Ministry of Foreign Affairs and International Cooperation said Abu Dhabi would also send a delegation.

The Palestinian Authority has boycotted American peace efforts since late 2017, when Trump decided to move the US Embassy from Tel Aviv to Jerusalem and recognized the latter as the capital of Israel, reversing decades of US policy.

The Trump administration has sought to enlist support from Arab governments.

But Saudi Arabia has assured Arab allies that it will not endorse any US plan that fails to meet key Palestinian demands, which include affirming East Jerusalem as the capital of a Palestinian state, the right of return for refugees, and a freeze on Israeli settlement construction.