Wednesday, November 16, 2005

Saudi Arabia Silent on Trade With Israel

"DUBAI, United Arab Emirates (AP) - Saudi Arabia remained tight-lipped Wednesday about whether it will start trading with Israel, a week after being allowed into the World Trade Organization, whose regulations forbid members to boycott each other.

Like many other Arab states, Saudi Arabia has maintained a boycott on trade with Israel, along with a rejection of diplomatic ties. The oil-rich kingdom, home to Islam's holiest sites, has long insisted it will not establish relations with Israel until a comprehensive peace is reached with all Arab states.

Even after the WTO's approval of its bid to join, Saudi Arabia was not rushing to announce an official end of the boycott."
MyWay

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