Statute of the Saudi Export Development Authority

Article 1

Previous Amendments

The following words and phrases shall have the meanings indicated next to each of them unless the context requires otherwise:
The Authority: Saudi Exports Development Authority.
Board of Directors: Board of Directors of the Authority.
Regulation: Regulation of the Saudi Exports Development Authority.
The Ministry: Ministry of Commerce and Industry.
The Minister: Minister of Commerce and Industry.
The President: President of the Board of Directors of the Authority.
The CEO: CEO of the Authority.
Member: Member of the Board of Directors.

Article 2

Under this Statute, an authority named the “Saudi Export Development Authority” shall be established. The Authority shall have a legal personality with financial and administrative independence and shall report to the Minister. It shall be headquartered in the city of Riyadh and it may establish branches within the Kingdom and, if necessary, establish offices abroad.

Article 3

Previous Amendments

The Authority is concerned with the affairs of developing non-oil exports in the Kingdom, including goods and services and re-exporting. It undertakes - without prejudice to the competencies of relevant authorities - the following responsibilities:
1 - Participating in the preparation of state policies in the field of developing and enhancing non-oil exports.
2 - Preparing the necessary programs to develop exports and increase their competitiveness.
3 - Continuously developing policies and legislation that ensure the achievement of the objectives of export development programs and their plans.
4 - Improving the export environment by establishing programs and providing incentives for exporters and protecting investments.
5 - Closely cooperating with trade representatives abroad and with chambers of commerce and industry to identify the best ways to export products, find new opportunities for exporters, and improve the export environment.
6 - Providing administrative, technical, and consulting assistance and incentives to exporters to market exports and attract foreign beneficiaries.
7 - Preparing studies on export opportunities and potential foreign markets.
8 - Preparing plans and programs to promote and develop products and services.
9 - Qualifying Saudi competencies and spreading the export culture necessary for international marketing and exporting in cooperation with local and international training agencies, for a financial fee charged by the Authority to companies and private institutions wishing to benefit from this.
10 - Organizing seminars and conferences, holding internal and external trade exhibitions, and participating in international and regional trade fairs to promote Saudi exports and increase their competitiveness.
11 - Communicating with similar entities outside the Kingdom and private entities to exchange experiences and establish mechanisms for cooperation and partnership with them, in accordance with the applicable legal procedures.
12 - Qualifying providers of export house services.
13 - Licensing to provide export house services.
14 - Establishing the necessary incentive programs for export activities and supporting programs established by other entities for export development.

Article 4

Previous Amendments

The authority shall have a Board of Directors chaired by the Minister, with the membership of:
1- General Secretary.
2- A representative from the Ministry.
3- A representative from the Ministry of Finance.
4- A representative from the Ministry of Transport.
5- A representative from the Ministry of Commerce and Investment.
6- A representative from the Ministry of Environment, Water, and Agriculture.
7- A representative from the Ministry of Economy and Planning.
8- A representative from the Ministry of Investment.
9- A representative from the Saudi Food and Drug Authority.
10- A representative from the Saudi Export-Import Bank.
11- Two members from the private sector related to export activities, appointed by a decision from the Council of Ministers, based on a nomination from the President.
Except for the General Secretary, the term of membership in the Council shall be three years, renewable once.
The rank of representatives from government agencies in the Board of Directors must not be less than the (fourteenth) rank or its equivalent. The President may delegate among the members of the Council from the representatives of government entities or the Ministry someone he deems appropriate to chair the Council in his absence.

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Article 5

The Board of Directors shall be the authority in charge of overseeing the management of the Authority and the conduct of its affairs. It shall make all the decisions necessary to achieve its objectives, within the limits of this Statute, and shall, in particular, undertake the following:
1. Participating in setting the policies and legislations necessary for developing Saudi non-oil exports, in preparation for their approval in accordance with legal procedures.
2. Approving the programs necessary for the implementation of the general policy for developing non-oil exports.
3. Approving the conditions and controls necessary for providing
administrative, technical, and advisory assistance as well as other incentives
to encourage exporters to enter international markets.
4. Approving the Authority's organizational structure.
5. Issuing the Authority's administrative and financial regulations in agreement with the Ministry of Finance and the Ministry of Civil Service.
6. Approving the rules and procedures for forming committees and task forces, and determining the remuneration of their members.
7. Approving the conclusion of contracts the values of which exceed the powers granted to Authority officials, and assigning whomever it deems fit to sign such contracts.
8. Forming committees from among Board members and others and delegating thereto the powers necessary to carry out assigned tasks.
9. Approving the Authority's draft budget, final accounts, and annual report as well as the auditor's report, prior to their submission in accordance with applicable legal procedures.
10. Approving the fees collected by the Authority for works and services rendered thereby in accordance with its Statute.
11. Appointing one auditor, or more, to audit the Authority's accounts, and approving his reports.
12. Accepting aid, donations, and grants provided to the Authority.

Article 6

Previous Amendments

1 - The meetings of the Council are held at the headquarters of the Authority, and the Council may convene at any other location in the Kingdom when necessary.
2 - The Board of Directors shall meet at the invitation of the President at least four times a year, and whenever deemed necessary by the President, or when requested by at least half of the Council members. The invitation must include an agenda, and the validity of the meeting requires the presence of the majority of the members, including the President or their representative, whether in person or remotely.
Decisions are made by a majority of the votes of those present, and in the event of a tie, the side that the President of the session votes for shall prevail.
3 - The Council may invite individuals whose expertise and information are deemed beneficial to attend its sessions, without granting them the right to vote.
4 - A member may not delegate another person to vote on their behalf in their absence, and a member may record their objection and the reasons for the objection in the minutes of the Council's decisions.
5 - A member may not disclose any confidential information they have come across due to their membership in the Council.
6 - The deliberations and decisions of the Council shall be documented in minutes signed by the President of the meeting and the participating members, whether the meeting is in person or remotely.
7 - The Board of Directors shall have a Secretary from among the Authority's staff, chosen by the President of the Council based on a nomination from the Chief Executive Officer, who shall be responsible for the Council's secretariat, preparing for meetings, and recording the minutes, deliberations, and decisions.

Article 7

Previous Amendments

The Authority shall have a Chief Executive Officer who is appointed and dismissed from his position by a Decision of the Council, which specifies his salary and other financial benefits. He is the primary responsible person for managing the affairs of the Authority, and his responsibilities are concentrated within the limits set by the regulations and determined by the Council. He shall undertake the following responsibilities:
1 - Supervising the plans and programs prepared by the Authority to implement policies related to export development.
2 - Proposing draft regulations and executive decisions related to the workflow of the Authority and presenting them to the Board of Directors.
3 - Following up on the implementation of decisions issued by the Board of Directors.
4 - Supervising the preparation of the Authority's budget draft, the final account draft, and the annual report; in preparation for presenting them to the Board of Directors.
5 - Supervising the Authority's employees and users in accordance with the powers granted to him and as specified by the regulations.
6 - Appointing employees in the Authority, in accordance with its regulations.
7 - Approving disbursement orders for the Authority, based on the approved annual budget and the Authority's regulations.
8 - Representing the Authority before judicial and other governmental entities, and he has the authority to delegate some of the Authority's officials in any of the responsibilities stipulated in these regulations.
9 - Submitting periodic reports to the Board of Directors regarding the Authority's work, achievements, and activities.
10 - Approving the scholarship of the Authority's employees for study and training, domestically and abroad, in accordance with the governing rules.
11 - Approving the participation of the Authority's employees and affiliates in conferences, seminars, programs, workshops, and visits related to the Authority's objectives and competencies, both domestically and abroad, in accordance with the systems and regulations.
12 - Approving the Authority's organization of conferences, seminars, and meetings related to its work in accordance with the procedures followed and in accordance with the governing systems and instructions.
13 - Any other tasks assigned to him by the Board of Directors.

Article 8

Previous Amendments

The General Secretary shall have deputies appointed by a decision of the Board of Directors based on the nomination of the General Secretary, and they shall undertake the tasks and authorities granted to them by the General Secretary within the limits prescribed by the regulations.

Article 9

The Authority shall have an independent annual budget prepared and issued in accordance with the State budget issuance arrangements.

Article 10

Previous Amendments

The resources of the authority consist of the following sources:
1 - The appropriations allocated to it in the state budget.
2 - The financial compensation it receives for the works and services it provides in accordance with the regulations.
3 - Donations, gifts, grants, bequests, endowments, and assistance accepted by the Board of Directors in accordance with the governing provisions.
4 - Any other resource approved by the Board of Directors, provided it does not conflict with the regulations and instructions.
5 - The funds of the authority are deposited in a current account at the Ministry of Finance in the Saudi Central Bank.
6 - The authority shall open an account for itself at the Saudi Central Bank and may open accounts at banks licensed to operate in the Kingdom, and expenditures shall be made from it in accordance with the authority's budget and financial regulations.

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