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Ministry of Commerce (Saudi Arabia)

Government ministry of Saudi Arabia From Wikipedia, the free encyclopedia

Ministry of Commerce (Saudi Arabia)
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The Ministry of Commerce (MC; Arabic: وزارة التجارة) is a cabinet-level government ministry of Saudi Arabia responsible for both commerce and investment sectors in the kingdom.[1] Its responsibilities include the development and implementation of policies and mechanisms that govern the sectors of commerce and Investment.[1] The current minister is Majid bin Abdullah Al Qasabi who was appointed on 7 May 2016.[2]

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History

In 1954 a Royal decree was issued to establish the Ministry of Commerce to develop and regulate the internal and external commerce.[3][4] In 2003, through a government reorganization, the Ministry of Commerce and Industry was established.[5] later، In 2016, the Ministry of Commerce and Industry was amended to the Ministry of Commerce and Investment.[6] On 25 February 2020, this ministry was renamed to Ministry of Commerce. [7]

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Structure

The Ministry has several agencies including:[8]

  • Deputy Ministry for Consumer Protection
  • Deputy Ministry for Industry Affairs
  • Deputy Ministry for Foreign Trade
  • Deputy Ministry of Internal Trade
  • Deputy Ministry for Technical Affairs
  • Marketing and Communication Management
  • Administrative and Financial Affairs Management
  • Information Technology Management
  • General Directorate for Strategic Planning and Projects
  • Engineering Management
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Commercial Attachés Offices

The Ministry also supervises commercial attachés offices worldwide with the aims of establishing and developing commercial relationships with other countries.[9] In May 2018, Saudi Arabia appointed with Samar Saleh the first woman to be a commercial attaché in Japan.[10]

See also

References

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