Saudi Cabinet approves maritime transport cooperation agreement with Iraq

Saudi Cabinet approves maritime transport cooperation agreement with Iraq
The agreement centres on maritime transport (Shutterstock)
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Updated 26 July 2022
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Saudi Cabinet approves maritime transport cooperation agreement with Iraq

Saudi Cabinet approves maritime transport cooperation agreement with Iraq

RIYADH: Saudi Arabia’s Cabinet has approved a cooperation agreement between the government and Iraq in the field of maritime transport, Saudi Press Agency reported. 

At Tuesday’s meeting, the council of ministers also approved a protocol to amend and extend the agreement concluded between Saudi and US governments regarding cooperation in the field of science and technology.

With regards to domestic matters, the council affirmed the state's commitment to take measures to control the abundance of products and price levels and prevent monopolistic practices.

This commitment is in addition to the SR20 billion ($5 billion) financial support that was allocated at the beginning of this month through a royal order issued by King Salman.