DOHA: Qatar Chamber has launched an initiative for economic integration and industrial development in the GCC countries, which aims to maximise the benefit from the positive mental image of Gulf products, and to support joint projects between the GCC private sector, or between the government and private sectors, in addition to exploiting the economic zones in GCC countries, which amount to 60 regions.
This came during the speech of Chairman of the Qatar Chamber HE Sheikh Khalifa bin Jassim Al Thani, during a Consultative Meeting between the GCC Ministers of Commerce and Industry and the Heads of the GCC Chambers of Commerce that took place in Doha on Wednesday.
Sheikh Khalifa saidthat the 'Made in the Gulf' initiative contributes to achieving the Gulf directives to reach economic citizenship, accelerating the exchange of commodities in GCC customs ports. It further contributes to stimulating local and foreign investments in the industry sector and raising the efficiency of special economic zones in GCC states.
The Chairman of the Qatar Chamber emphasised the vital role that the Federation of the GCC Chambers (FGCCC) plays in the development of the Gulf private sector, highlighting the significance of the consultative meeting for reviewing mechanisms to elevate economic growth and enhance economic integration and communication between member states.
Healso said that the meeting serves as a concrete implementation of the directives set forth by the leaders of the GCC states, that aim to provide support for the private sector and boost its crucial role in the inclusive economic development across member states.
QC Chairman expressed his hope that the meeting would yield positive recommendations and concrete results that contribute to addressing all challenges facing GCC economies, expanding the private sector's role in economic activity in member states and supporting the FGCCC's role.
Heexpressed the Chamber's commitment to strengthening cooperation with GCC unions and chambers, fostering cooperation between Qatari and Gulf private sectors.
