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Global Trade Alert

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Saudi Arabia: The Saudi Central Market Authority for the fist time approves for non-resident foreigners to enter in Exchange Traded Funds

Description

The Saudi Central Market Authority on 18 October 2011 notified the WTO that on 16 March 2010, for the first time permitted non-resident foreigners to trade in Exchange Traded Funds listed Saudi Capita...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

16 Mar 2010

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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