Comments on Saudi Arabia’s amended import rules in Reuters, 5 Jul 2021

8 July, 2021
read < 1 minute

Dr. Nasser Saidi’s comments appeared in the Reuters article titled “Saudi Arabia amends import rules from Gulf in challenge to UAE“, published 5th July 2021.

Comments are posted below:

“The original customs union agreement, established Jan 2003, no longer serves the needs of the GCC countries … including Saudi and the UAE and in light of the increased competition between the two countries pursuing similar non-oil diversification activities,” said Nasser Saidi, a Dubai-based economist.

“The current dispute, while disruptive in the short-term, can open the door to a more efficient, modern, trade and investment framework and agreement that would boost growth prospects and allow for greater diversification, higher value-added regional trade,” he said.

 

 

 

Read Next

TV and radio

Interview with Al Arabiya (Arabic) on the US debt ceiling bill, 31 May 2023

In this interview with Al Arabiya aired on 31st May 2023, Dr. Nasser Saidi discusses

1 June, 2023

TV and radio

Bloomberg Daybreak Middle East Interview, 31 May 2023

Aathira Prasad joined Manus Cranny  on 31st of May, 2023 as part of the Bloomberg

1 June, 2023

MENA Economics

Comments on UAE-Turkey CEPA in Zawya, 30 May 2023

Aathira Prasad’s comments (posted below) on the prospects for UAE-Turkey CEPA in the backdrop of

31 May, 2023