GCC ministers approve commercial regulatory systems

04 Nov 2010

(MENAFN) GCC Ministers of Commerce and Industry have approved at three regulatory systems for protection of competition, combating commercial fraud and consumer protection, Kuna reported.

Kuwaiti Minister of Commerce and Industry Ahmad Rashid Al-Haroun Al-Haroun said in a statement that these three systems will be submitted to the leaders of GCC countries for approval at their next meeting, adding that the ministers discussed a number of other issues, including draft laws regarding the commercial field.

Al-Haroun added that the ministers also discussed projects related to industry, including setting up studies and surveys which could be added to GCC’s economic thrive.

The officials, the minister said, tackled many of the vital issues aimed at achieving greater integration among the GCC countries in accordance with the directives of the top leaders.

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