Logo of Ministry of Commerce
Saudi Arabia's Ministry of Commerce has issued 20 licenses for exporting steel and other 11 licenses for exporting cement since the beginning of 2021, Al Eqtisadiah newspaper reported.
The ministry has issued 239 licenses for exporting steel and cement since the approval of the relevant export controls by the Ministerial Supply Committee.
The licensing takes place after fulfilling specific conditions and requirements, as per some regulations of the ministerial committee that is formed from the Ministry of Commerce, Ministry of Investment, Ministry of Finance, Ministry of Energy, Ministry of Industry and Mineral Resources as well as Ministry of Environment, Water and Agriculture of Saudi Arabia, according to data compiled by Argaam.
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