Council of Ministers Authorizes Minister of Finance to Sign Agreement with Kosovo on Customs Cooperation
Saudi Arabia and Kosovo to Strengthen Customs Cooperation with New Agreement
In a significant step towards enhancing bilateral relations, the Saudi Council of Ministers has authorized His Excellency the Minister of Finance, who also serves as the Chairman of the Board of Directors of the Zakat, Tax, and Customs Authority, to sign a draft agreement with the Government of the Republic of Kosovo. This agreement aims to foster cooperation and mutual assistance in customs matters between the two nations.
The agreement is expected to strengthen the customs relationship between Saudi Arabia and Kosovo, facilitating smoother trade processes and enhancing collaboration on regulatory practices. Through this partnership, both countries will benefit from shared expertise in customs operations, contributing to the efficiency and security of cross-border trade.
This decision aligns with Saudi Arabia's broader strategic goals to enhance international cooperation in various sectors, including trade and customs. By improving the regulatory framework for customs procedures, the agreement will also contribute to facilitating easier and more secure commercial exchanges, which are vital for economic growth and development in both countries.
The authorization reflects Saudi Arabia’s ongoing commitment to building strong international ties and advancing its role in global economic affairs, in line with Vision 2030. Cooperation in the field of customs will also support broader efforts aimed at increasing transparency and streamlining trade processes, ultimately benefiting businesses and governments alike.
This agreement marks another milestone in Saudi Arabia’s expanding diplomatic and economic partnerships, paving the way for greater collaboration in the future.