Saudi Arabia Stops Iron Export Duties And Reduce Export Duties For Cement 50%

Riyadh – (Massader News)

Saudi Arabia’s Supply Committee said it had decided to stop the collection of export duties for iron factories and to reduce export duties for cement factories by 50 percent for two years. According to a statement by the Ministry of Trade and Investment.

The new mechanism was adopted to encourage local producers and industries to compete externally. According to the statement

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