The Ministry of Commerce and Industry signed on Sunday, May 26, 2019, a memorandum of understanding (MoU) with the General Authority of Customs to enhance cooperation in terms of operational issues relating to combating money laundering, crimes and terrorism financing.

The Ministry of Commerce and Industry was represented by Mr. Salem bin Salim Al Mannai, Director of the Corporate Affairs department, while Mr. Abdulaziz Al-Hathal, Director of Legal Affairs, represented the General Authority of Customs.

The signing of the MoU comes within the framework of joint coordination and unification of national efforts. It also reflects the keenness of both parties to join efforts to achieve the desired objectives and their continued commitment to enhancing bilateral cooperation in the field of information exchange to combat money laundering and terrorism financing crimes.