9 Hrs
Source:
الاقتصاد العربية
Cabinet OKs Saudi War Insurance Fund
The measures focused on protecting maritime trade from the risks of war by implementing international strategies and procedures to ensure the safety of ships and waterways, as well as to minimize the impact of armed conflicts on global trade movements. These actions include enhancing cooperation among countries, developing security measures, and utilizing modern technology to monitor and secure vital maritime routes. The aim of these steps is to preserve the continuity of international trade and reduce economic losses resulting from tensions and wars in key maritime areas.
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