Tribune News Network
Doha
On Wednesday, Qatar hosted the fourth consultative meeting of GCC Commerce and Industry Ministers, joined by leading entrepreneurs from across the Gulf. Held in Doha, the meeting was chaired by Minister of Commerce and Industry His Excellency Sheikh Mohammed bin Hamad bin Qassim Al Thani, with the participation of Jasem Mohamed AlBudaiwi, Secretary General of the Gulf Cooperation Council.
The meeting aimed to strengthen communication and collaboration between GCC Commerce and Industry Ministries and the region’s entrepreneurs, including SME owners, by providing a platform for open dialogue and exchange of insights.
In his opening remarks, His Excellency Sheikh Mohammed bin Hamad bin Qassim Al Thani, Minister of Commerce and Industry, extended a warm welcome to Their Excellencies, Ministers, and GCC business leaders in Qatar.
He emphasised the commitment of GCC countries to empowering entrepreneurship and supporting SMEs as vital contributors to GDP and economic growth. He also reaffirmed Qatar’s dedication to deepening economic and trade cooperation with its GCC partners.
He noted that since the launch of these consultative meetings in 2019, they have delivered tangible outcomes. Significant achievements include expanded market access for Gulf businesses, strengthened support for entrepreneurs, and the promotion of investment opportunities across the region.
He added that these meetings have driven progress in simplifying export procedures across the GCC, underscoring the critical importance of ongoing efforts to harmonise GCC commercial laws and regulations.
The meeting centred on key challenges entrepreneurs face in entering Gulf markets, available support mechanisms, and issues related to financing and capital.
An interactive session provided a platform for Ministers and entrepreneurs to engage directly, exchanging insights and addressing questions.
Since 2019, this annual consultative meeting, held alongside the Commercial Cooperation Committee sessions, has been dedicated to the interests of entrepreneurs and SMEs.
It aims to expand GCC companies’ access to regional and global markets, enhance support systems, and spotlight major investment opportunities across the GCC.