Saturday, November 27

Commerce Minister Participates in Meetings of GCC Commercial Cooperation Committee

Riyadh, Minister of Commerce and Chairman of the Board of Directors of the General Authority for Foreign Trade Dr. Majid bin Abdullah Al-Qasabi headed the Kingdom of Saudi Arabia’s delegation to the meetings of the Commercial Cooperation Committee and Ministerial Standardization Affairs Committee in the Kingdom of Bahrain, in the presence of ministers of industry in Gulf Cooperation Council (GCC) and its Secretary General Dr. Nayef Falah Mubarak Al-Hajraf.

The meeting witnessed discussing a memorandum of the Secretariat General on the results of a study and assessment of commission affiliated with the Commercial Cooperation Committee, pan-GCC commerce flow and a memorandum on unified commercial laws.

They also discussed the issue of fake companies, e-commerce, the latest developments of the negotiation team with countries and blocs, in addition to initiatives to support business entrepreneurs, small- and medium-sized enterprises and other issues on the meeting agenda.

The ministers of commerce and industry also discussed cooperation in various vital fields, such as standardization.

They also highlighted the importance for imported and exported products to meet the proper technical conditions and conducting the smart evaluation procedures that aims at preserving the health of man and protecting the environment.

Source: Saudi Press Agency