QC Chairman Calls for Gulf Common Policy for Purchasing Food, Pharma Products

HE Qatar Chamber (QC) Chairman Sheikh Khalifa bin Jassim Al-Thani called for establishing a unified policy for purchase of strategic good like food and medicine and providing attractive incentives for Gulf investors.

This came during His Excellency’s participation in the consultive meeting between GCC ministers of commerce and heads of unions and chambers of commerce and industry which was held in Muscat, the Sultanate of Oman.

During the meeting, His Excellency pointed that the Gulf states has been facing a number of global challenges like the Covid-19, the Ukraine-Russia war and the containers crisis that resulted in the hike in prices of grains, fertilizers and medicine, as well as the delay in supply chains and its impact on the GCC food security.

He, also stressed the importance of forming a permeant emergency crisis committee and preparing a strategy for finding alternatives for import, underlining the importance of establishing a unified policy for purchase of strategic good like food and medicine HE Chairman of QC called on the food security committee which was established by the agricultural cooperation committee at the GCC General Secretariat in 2022 to work on finding practical solutions for these challenges.

Source: Qatar News Agency