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Saudi Arabia’s Cabinet, chaired by Custodian of the Two Holy Mosques King Salman bin Abdulaziz, has approved the Kingdom’s accession to the United Nations Convention on the Use of Electronic Communications in International Contracts, bolstering the legal standing of cross-border digital transactions and electronic contracts in international trade.
The 2005 New York convention, drafted by the United Nations Commission on International Trade Law (UNCITRAL), aims to ensure that electronic contracts and communications used…