Gulf common policy for buying food & medicine mooted

Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani and Qatar Chamber second vice chairman Rashid bin Hamad al-Athba during the meeting.

Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani and Qatar Chamber second vice chairman Rashid bin Hamad al-Athba during the meeting.

Qatar Chamber (QC) Chairman HE Sheikh Khalifa bin Jassim al-Thani has called for establishing a unified policy for purchase of strategic goods like food and medicine and providing attractive incentives for Gulf investors.
This came during his participation in the consultative meeting of GCC ministers of commerce and heads of unions and chambers of commerce and industry, which was held in Muscat, Oman.
The QC delegation, headed by HE Sheikh Khalifa, included second vice-chairman Rashid bin Hamad al-Athba and board member Mohamed bin Mahdi al-Ahbabi.
During the meeting, HE Sheikh Khalifa pointed that the Gulf states have 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, fertilisers and medicine, as well as the disruption in supply chains and its impact on GCC food security.
He also stressed the importance of forming a permanent emergency crisis committee and preparing a strategy for finding alternatives for import, underlining the importance of establishing a unified policy for purchasing strategic goods like food and medicine.
HE the QC chairman called on the food security committee, which was established by the agricultural co-operation committee at the GCC General Secretariat in 2022, to work on finding practical solutions for these challenges.

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