Saudi Arabia’s National Competitiveness Center signed an agreement with the United Nations Conference on Trade and Development (UNCTAD) on May 12 to measure e-commerce and digital trade, according to the Saudi Press Agency.
Signed on the sidelines of the eighth session of the intergovernmental group of experts on e-commerce and the digital economy, the deal seeks to develop the Kingdom’s e-commerce and digital trade policies.
To this end, the partnership aims to conduct a comprehensive survey to evaluate the current state before data collection and analysis.
Therefore, both entities can determine the best guidelines and recommendations based on the state-of-the-art practices.
During the signing ceremony, the Vice Minister of Commerce and CEO of the National Competitiveness Center Dr. Eman Al-Mutairi said that the Kingdom had been making bold strides toward the fulfillment of Saudi Vision 2030 objectives.
This ongoing progress further strengthens its strategic position as a successful country with diversified and competitive economy across social, economic and cultural sectors.
Organized by the UNCTAD in Geneva, Switzerland, the 8th session provided the Kingdom with a valuable platform to show its latest economic reforms and infrastructure upgrades.
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