BR100 Increased By (0.59%)
BR30 Increased By (0.7%)
KSE100 Increased By (0.65%)
KSE30 Increased By (0.57%)
AGHA 6.07 Increased By ▲ 0.04 (0.66%)
BECO 3.84 Decreased By ▼ -0.02 (-0.52%)
BML 60.90 Decreased By ▼ -0.10 (-0.16%)
BOP 28.33 Increased By ▲ 0.24 (0.85%)
CNERGY 11.85 Increased By ▲ 0.11 (0.94%)
CSIL 5.31 Increased By ▲ 0.01 (0.19%)
FCCL 54.90 Increased By ▲ 0.44 (0.81%)
FFL 13.08 Increased By ▲ 0.01 (0.08%)
FNEL 1.15 Increased By ▲ 0.04 (3.6%)
KEL 5.72 Increased By ▲ 0.09 (1.6%)
KOSM 5.35 Increased By ▲ 0.01 (0.19%)
LOTCHEM 23.91 Increased By ▲ 0.08 (0.34%)
MLCF 93.91 Increased By ▲ 0.93 (1%)
NBP 164.75 Increased By ▲ 1.55 (0.95%)
NCPL 48.88 Increased By ▲ 0.61 (1.26%)
NPL 50.11 Increased By ▲ 0.40 (0.8%)
OGDC 305.00 Increased By ▲ 1.37 (0.45%)
PACE 9.03 Increased By ▲ 0.06 (0.67%)
PAEL 32.25 Increased By ▲ 0.34 (1.07%)
PIBTL 12.82 Increased By ▲ 0.08 (0.63%)
PPL 214.00 Increased By ▲ 1.09 (0.51%)
PRL 85.12 Increased By ▲ 0.78 (0.92%)
PTC 45.25 Increased By ▲ 0.26 (0.58%)
SSGC 23.00 Increased By ▲ 0.17 (0.74%)
TBL 8.91 Increased By ▲ 0.03 (0.34%)
TELE 6.47 Decreased By ▼ -0.03 (-0.46%)
TPL 24.60 Increased By ▲ 0.34 (1.4%)
TPLP 12.35 Increased By ▲ 0.36 (3%)
TREET 23.05 Decreased By ▼ -0.09 (-0.39%)
TRG 51.95 Increased By ▲ 0.48 (0.93%)
World

US urges Saudi Arabia to give up special developing nation status at WTO

  • US delegation urged it to improve protection of intellectual property and voiced concerns on planned revisions to its excise tax on beverages.
  • Washington favoured a switch to a graduated tax based on sugar content while exemting beverages that contain no added sugar, it said.
Published Updated
By

GENEVA: The United States called on Saudi Arabia on Wednesday to renounce its special and differential treatment in negotiations at the World Trade Organization (WTO), noting the G20 member was designated as a high-income country by the World Bank.

In a statement to the WTO's review of the kingdom's trade policies, the US delegation urged it to improve protection of intellectual property and voiced concerns on planned revisions to its excise tax on beverages.

Washington favoured a switch to a graduated tax based on sugar content while exemting beverages that contain no added sugar, it said.

Comments

Comments are closed for this article.