DOHA: Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim Al Thani participated in the 53rd meeting of the GCC Commercial Cooperation Committee held in Riyadh yesterday. GCC Ministers of Commerce met under the chairmanship of Saudi Minister of Trade and Investment Dr Majid bin Abdullah Al Qasabi, the current Chairman of the GCC Commercial Cooperation Committee.
According to statement issued yesterday by the Ministry of Economy of Qatar, the Ministers discussed several issues of common concerns and recommendations and issues presented by the undersecretaries of the ministers. The Ministers discussed joint law for unified competition law and unified draft law for counterfeit products.
They discussed allowing private companies, individuals businesses and service providers to open branches in the member countries. They also discussed document prepared by GCC Secretary General regarding preparing list of businessmen and investors who have not been successful in their projects and setting up of website for registration of trademark at GCC level.
GCC Secretary General Dr Abdul Latif bin Rashid Al Zayani also attended the meeting.
Dr Majid bin Abdullah Al Qasabi, in his speech, said the meeting is materialising a practical reality in the GCC march which is focusing on economic integration with its driving force is the pooling of the public and private sectors in GCC states. He added that all evidences confirm the availability of good opportunities for the region’s states to lay down the practical foundations to expand the scope of the inter-trade exchanges and joint investments.
In his speech Dr Al Zayani underlined the prominent and influential role of the GCC private sector. He said GCC private sector’s initiatives and pioneering contributions have played a vital role in the sustainable development.
The Peninsula
