CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qatar Chamber joins International CO accreditation chain

Published: 21 Nov 2018 - 12:08 am | Last Updated: 12 Nov 2021 - 09:47 pm
Peninsula

The Peninsula

DOHA: The Qatar Chamber (QC) has joined the International Certificate of Origin (CO) Accreditation Chain, according to a press statement issued by the Chamber yesterday.

The statement said that the announcement was made during an International CO Council meeting which took place in Jaipur, India. Director of International Relations and Chambers Affairs at Qatar Chamber and ICC Qatar, Sheikha Tamader Al Thani attended the meeting.

With its newly established status as a member of the CO Chain (It includes 560members from 24 countries), the Qatar Chamber will benefit from the use of the internationally recognised ICC CO label.

The new service will enable private companies and QC members to submit for issuing COs via its website without the need to visit the chamber’s headquarters.

Commenting on the announcement, QC Director-General Saleh bin Hamad Al Sharqi (pictured) said that the chamber would issue COs online starting from the second quarter of 2019, noting that this step would provide impulse to stimulate trade and increase non-oil exports of the country. QC issued more than 25339 certificates of origin during the first nine months of the current year including 1158 online COs, he pointed out. Al Sharqi said that the system would save time and effort of businessmen and companies as well as it would contribute to flourishing trade between Qatar and world countries.

The manual transaction for the COs will continue along side with the online COs because there are many countries don’t deal with online COs, he added.