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Minister: Australian Exporters to Benefit from Saudi Tariff Reduction

Published June 14th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

Australian exporters will benefit from Saudi Arabia's decision to reduce tariffs, said Australia’s Trade Minister Mark Vaile on Wednesday, quoted by the ABC news service. 

Saudi Arabia has cut tariffs from 12 percent to 5 percent, and the move will particularly “benefit Australian car manufacturers and food producers,” he said. 

Australia supplies almost 20 percent of Saudi Arabia's new passenger vehicle market – Albawaba.com 

 

 

© 2001 Al Bawaba (www.albawaba.com)

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