His Highness Prince Fawaz bin Nasser bin Fahd Al Faisal Al Saud, Vice Chairman of the Board of Directors of Nava Business Group Limited, confirmed to Al Jazeera that most commercial agencies in the Kingdom will end with the implementation of the World Trade Agreement, because the agreement will allow foreign goods and products to enter the market directly without the need for an agent. His Highness called on commercial agents to move towards manufacturing and transferring and localizing technology to the Kingdom. He also expressed his deep concern for small and medium-sized factories due to the intensity of competition in light of globalization.
