In April 2000, the government established the Saudi Arabian General Investment Authority to encourage foreign direct investment in Saudi Arabia.
Saudi Arabia maintains a negative list of sectors in which foreign investment is prohibited, but the government plans to open some closed sectors such as telecommunications, insurance, and power transmission/distribution over time.

Saudi Arabia became a full WTO Member on 11 December 2005.
In 2019, the government established the General Authority for Foreign Trade to enhance the kingdom's international commercial and investment activities.

Saudi Arabia is part of the following trade organizations:
World Trade Organization (WTO)
International Monetary Fund (IMF)
International Chamber of Commerce (ICC)
International Organization for Standardization (ISO)
World Customs Organization (WCO)
Gulf Cooperation Council (GCC)
In April 2000, the government established the Saudi Arabian General Investment Authority to encourage foreign direct investment in Saudi Arabia. Saudi Arabia maintains a negative list of sectors in which foreign investment is prohibited, but the government plans to open some closed sectors such as telecommunications, insurance, and power transmission/distribution over time.
Saudi Arabia became a full WTO Member on 11 December 2005. In 2019, the government established the General Authority for Foreign Trade to enhance the kingdom's international commercial and investment activities.
Saudi Arabia is part of the following trade organizations:
World Trade Organization (WTO)
International Monetary Fund (IMF)
International Chamber of Commerce (ICC)
International Organization for Standardization (ISO)
World Customs Organization (WCO)
Gulf Cooperation Council (GCC)
Economy of Saudi Arabia