The project aims to address the challenges faced by the activity of commercial and distribution agencies in the Kingdom, and develop an effective legal framework that regulates the relationshop between the parties to the necessary agreements while taking into account their rights and laying the foundations for the relationshop based on the principal of transparency and the consolidation of the principle of freedom incorporated into the contract. The system includes a statement of the main rights and duties of the parties to the distribution agreement and commercial agencies, dealing with cases of expiration and termination of the agreement, defining the provisions of the agreement, and the disputes arising from the agreement. The system also aims to reduce disputes arising from the application of the convention, and facilitating the procedures for its settlement, while promoting a fair competition that ensures the continued access of goods and services to the Kingdom, protecting the rights of consumers, and encouraging foreign investment.
Last Modified Date: 29/12/2021 - 8:27 AM Saudi Arabia Time
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