AIRLINK 77.84 Decreased By ▼ -2.55 (-3.17%)
BOP 4.87 Decreased By ▼ -0.05 (-1.02%)
CNERGY 4.28 Decreased By ▼ -0.07 (-1.61%)
DFML 45.00 Decreased By ▼ -0.51 (-1.12%)
DGKC 85.97 Decreased By ▼ -2.83 (-3.19%)
FCCL 22.45 Decreased By ▼ -1.11 (-4.71%)
FFBL 32.00 Decreased By ▼ -1.00 (-3.03%)
FFL 9.50 Decreased By ▼ -0.07 (-0.73%)
GGL 10.09 Decreased By ▼ -0.18 (-1.75%)
HASCOL 6.55 Decreased By ▼ -0.16 (-2.38%)
HBL 112.00 Decreased By ▼ -1.00 (-0.88%)
HUBC 141.20 Decreased By ▼ -1.36 (-0.95%)
HUMNL 10.97 Decreased By ▼ -0.93 (-7.82%)
KEL 4.85 Decreased By ▼ -0.19 (-3.77%)
KOSM 4.35 Decreased By ▼ -0.15 (-3.33%)
MLCF 38.25 Decreased By ▼ -0.68 (-1.75%)
OGDC 128.89 Decreased By ▼ -3.11 (-2.36%)
PAEL 25.51 Decreased By ▼ -0.24 (-0.93%)
PIBTL 6.36 Decreased By ▼ -0.21 (-3.2%)
PPL 117.50 Decreased By ▼ -2.05 (-1.71%)
PRL 25.80 Decreased By ▼ -0.30 (-1.15%)
PTC 13.74 Decreased By ▼ -0.32 (-2.28%)
SEARL 57.09 Decreased By ▼ -0.42 (-0.73%)
SNGP 64.99 Decreased By ▼ -1.11 (-1.68%)
SSGC 10.00 Decreased By ▼ -0.19 (-1.86%)
TELE 8.12 Decreased By ▼ -0.20 (-2.4%)
TPLP 10.35 Decreased By ▼ -0.21 (-1.99%)
TRG 65.24 Decreased By ▼ -2.91 (-4.27%)
UNITY 26.85 Decreased By ▼ -0.28 (-1.03%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 7,835 Decreased By -96.8 (-1.22%)
BR30 25,245 Decreased By -504.5 (-1.96%)
KSE100 74,667 Decreased By -908.6 (-1.2%)
KSE30 23,919 Decreased By -292.9 (-1.21%)
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 March 3, 2021

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.