Minister details plan to make Qatar more business-friendly
August 13 2020 01:57 AM
RELATED STORIES
Ministry of Commerce and Industry
Ministry of Commerce and Industry

QNA/Doha

HE the Minister of Commerce and Industry made a presentation at yesterday’s Cabinet meeting, chaired by HE the Prime Minister and Minister of Interior Sheikh Khalid bin Khalifa bin Abdulaziz al-Thani, on the detailed plan of the Ministry of Commerce and Industry (MoCI) to make Qatar more business-friendly. 
Following the meeting, which was held at the Amiri Diwan, HE the Minister of Justice and Acting Minister of State for Cabinet Affairs Dr Issa Saad al-Jafali al-Nuaimi issued a statement giving details of yesterday’s proceedings.
The Minister of Commerce and Industry stated that the strategy of MoCI has four intermediate outcomes, 12 main goals, 22 programmes and 178 projects. 
Within this plan, responsibilities for the implementation of initiatives and projects were defined in accordance with the competencies of the main sectors and departments of the ministry, which include: business development and investment attraction, export support and development, protection of competition and prevention of monopolistic practices, establishment of business, protection and development of intellectual property, consumer protection and combating commercial fraud, regulation and control of markets, supply, international trade, general policy for industrialisation and development of national industries, and development and exploitation of industrial zones.
The minister said that the MoCI seeks to develop a strategy for professional activities in the country and to activate regional and international networks in order to establish more competitive supply chains and supplies, in addition to concluding international and regional trade agreements, which can enhance Qatar’s position in the main markets. It also seeks to develop a package of incentives and a legislative and regulatory framework that attracts foreign investors to invest in Qatar, in addition to sponsoring and motivating local investors and directing them to the opportunities available in selected sectors, and coordinating brand building, marketing and promotion efforts at the level of key sectors. 
The ministry works to improve industrial services, support the competitiveness of the national product, develop industrial studies and strategies, a small and medium-sized industries area, industrial lands, improve the industrial business environment and encourage the competitiveness of Qatari exports, depending on infrastructure and logistical services.
The ministry seeks to continue to encourage an ideal enabling business environment, encourage value-added chains, and encourage entrepreneurs and SMEs. The ministry also seeks to increase the national focus on developing patents and converting them into competitive commercial goods, in addition to institutional development, awareness and media communication and the development of the strategic plan for information systems and technology.
The ministry works on consumer protection, market monitoring, strategic supply and stock, promoting competition and breaking monopoly.
The minister’s presentation follows the directives of HE the Prime Minister and Minister of Interior on providing the Council of Ministers with plans related to the competencies of ministries and other government agencies, public bodies and institutions, including all implementation programmes and projects, the specified timetable for their completion, as well as standards and indicators for measuring performance progress in line with the comprehensive development vision, Qatar National Vision 2030, in addition to highlighting any partnership projects between the public and private sectors, if any.



There are no comments.

LEAVE A COMMENT Your email address will not be published. Required fields are marked*
MORE NEWS

HAPPENING IN DOHAMore