Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
Saudi Arabia intends to establish free trade zones in the country by 2015, in the hope of promoting Saudi-produced goods abroad and the country’s potential as a warehouse.
A high-level official within the Saudi Industrial Property Authority confirmed that the prospect of free trade zones in Saudi Arabia is currently being talked with specialized companies.
During a workshop on the development of export capabilities at the headquarters of the Chamber of Commerce and Industry in Riyadh, Dr. Al-Rabiha said: “The initiation of this project will be one of the important factors that contribute to effectively raising the rates of exported Saudi goods in different markets.”
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