|Date: 16/05/2012 Time: 12:47:00 PM
GCC ministers of commerce began their scheduled
45the meeting, held within framework of the committee of trade cooperation, on
Wednesday with participation of Kuwaiti Minister of Commerce and Industry Anas
Addressing the opening session of the conference, GCC Secretary General Dr.
Abdul Latif Al-Zayani said the GCC Commercial Cooperation Committee had played
a major role, over the past three decades, for making various achievements,
namely establishing the joint GCC market and equal treatment for GCC
The commission should intensify and speed up work for unifying laws and
rules that regulate commere, Al-Zayani said, adding that it should make
further strides for food security "by means of building a strategic reserve on
This strategy warrants coordination with the private sector and countries
of proper weather conditions to examine prospects of launching agricultural
ventures for achieving food security for the GCC countries, Al-Zayani said.
Agenda of the meeting addresses a host of issues, bills for competition,
combating counterfeiting and fraud, "which we hope will be submitted to the
GCC Supreme Council at its 33rd session," he said, expressing hope that the
conferees would succeeded in taking decisions for further steps forward on
several relevant fronts.
The agenda also deals with boosting inter-GCC trade, removing barriers in
face of movement of commodities and services among the GCC countries.
The meeting of the committee was headed by the current chairman, Dr. Toufic
Al-Rabi'ah, the Saudi Minister of Industry and Commerce.
The Kuwaiti minister arrived in the Saudi capital, on Tuesday, leading his
country's delegation to the 45th session of the committee.