Logo of Ministry of Commerce
Saudi Arabia’s Ministry of Commerce issued 26 licenses for exporting steel and other 19 licenses for exporting cement in 2021, Al Eqtisadiah newspaper reported.
The ministry stated that it issued 254 steel and cement export licenses since the Ministerial Supply Committee approved the relevant export controls.
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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