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Saudi Arabia Takes Part in Competition Law and Policy Sessions at UNCTAD Meeting in Geneva

Saudi Arabia’s General Authority for Competition (GAC) participated in the 22nd Group Expert Meeting on Competition Law and Policy session in Geneva, Switzerland, reported the Saudi Press Agency (SPA).

Organized by the United Nations Conference on Trade and Development (UNCTAD), the meetings commenced on July 3, and concluded on July 6.

The event represented a valuable opportunity to gather competition experts from all over the world to delve into various significant topics such as food markets, digital markets, and experiences of different nations in promoting competition within these sectors.

The participants reviewed the contributions of effective enforcement of competition laws and policies to reducing poverty levels and addressing any monopolistic activities that may enhance the unavailability of goods society’s segments at reasonable prices.

Saudi Arabia Takes Part in Competition Law and Policy Sessions at UNCTAD Meeting in Geneva

Furthermore, the Saudi delegation introduced a visual presentation showcasing the following achievements:

  • Saudi Arabia’s presidency of the Arab Competition Network
  • A promising plan to develop the network’s work to enhance cooperation between competition agencies in the Arab world
  • The impacts of a meeting hosted by the Eurasian Economic Commission for Regional Organizations Specialized in Competition

UNCTAD Global Supply Chain Forum

It is noteworthy that Saudi Arabia will host the 2026 UNCTAD Global Supply Chain Forum, bolstering the Kingdom’s status as a prestigious global logistics hub.

In May, the Saudi Ports Authority (Mawani) has announced that the Kingdom has won the bid to host the forum and seized a valuable opportunity to strengthen the Kingdom’s position as a worldwide logistics destination connecting the three continents- Asia, Africa and Europe.

Saleh bin Nasser Al-Jasser, Minister of Transport and Logistics Services and Chairman of the Authority, stated that this successful step mirrors the Kingdom’s prominent position on the global stage and its powerful impacts in international organizations.

Al-Jasser mentioned that hosting the forum highlights the tangible effects of Saudi Vision 2030, which pays great attention to elevating the transport and logistics sector. Furthermore, it stands as a testament to the remarkable efforts in the ports and supply chain sector. It also features the outstanding growth in operational capabilities and efficiency and the fruitful cooperation between Mawani and the private sector to extensively develop infrastructure and maritime services.

 

Related Topics:

Saudi Arabia to Host UNCTAD Global Supply Chain Forum in 2026

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