DOHA: Emir H H Sheikh Tamim bin Hamad Al Thani yesterday ratified Cabinet Decision No. 24 of 2016 which exempted 35 goods from the provision of Law No. 8 of 2002 which regulates the work of commercial agents. The decision will make the market more competitive as these items will be free to be imported by any dealer.
Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani said that ratifying cabinet decision No. 24 of 2016 will contribute to establishing a competitive business environment in Qatar and will encourage the private sector to participate in the state’s development plan in accordance with Qatar National Vision 2030.
Minister of Economy and Commerce H E Sheikh Ahmed bin Jassim Al Thani said ratifying the decision was only done after conducting a comprehensive study of the competitive state of the Qatari consumer market.
He said that the decision will support the Ministry’s effort in combating monopolies and regulating prices, particularly as Qatar has adopted a free-market approach. He said that liberating a number of products from commercial agents will make the food products sector more competitive, and that will reflect on the prices.
Freed items include many food products
The Minister said that the decision exempted a list of 35 goods and a number of crucial consumer products that are considered a priority for all citizens and residents. He added that services will also improve as old agents look to fend off competition from new ones.
The freed items include powder milk, evaporated milk, milk derivatives, baby food and milk, poultry and poultry products, meat and meat products, egg, rice flour and related products, fish , marine foods and products, all type of tea, coffee and related products, sugar, honey, juice, beverages, mineral water, table salt, all type of pastries, biscuits, chocolates , sweets, ice cream, potato chips, frozen and packed foods, all type of nuts, tomato paste, corn chips and grains, beans, cooking oil, fats, baby diapers, detergent powder, all type of tissues, aluminium foil, personal cleaning items.
According to article 2 of the decision, the Ministry of Economy and Commerce will carryout the law and cross out a list of 35 goods from the records of commercial agents.
The Peninsula
DOHA: Emir H H Sheikh Tamim bin Hamad Al Thani yesterday ratified Cabinet Decision No. 24 of 2016 which exempted 35 goods from the provision of Law No. 8 of 2002 which regulates the work of commercial agents. The decision will make the market more competitive as these items will be free to be imported by any dealer.
Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani said that ratifying cabinet decision No. 24 of 2016 will contribute to establishing a competitive business environment in Qatar and will encourage the private sector to participate in the state’s development plan in accordance with Qatar National Vision 2030.
Minister of Economy and Commerce H E Sheikh Ahmed bin Jassim Al Thani said ratifying the decision was only done after conducting a comprehensive study of the competitive state of the Qatari consumer market.
He said that the decision will support the Ministry’s effort in combating monopolies and regulating prices, particularly as Qatar has adopted a free-market approach. He said that liberating a number of products from commercial agents will make the food products sector more competitive, and that will reflect on the prices.
Freed items include many food products
The Minister said that the decision exempted a list of 35 goods and a number of crucial consumer products that are considered a priority for all citizens and residents. He added that services will also improve as old agents look to fend off competition from new ones.
The freed items include powder milk, evaporated milk, milk derivatives, baby food and milk, poultry and poultry products, meat and meat products, egg, rice flour and related products, fish , marine foods and products, all type of tea, coffee and related products, sugar, honey, juice, beverages, mineral water, table salt, all type of pastries, biscuits, chocolates , sweets, ice cream, potato chips, frozen and packed foods, all type of nuts, tomato paste, corn chips and grains, beans, cooking oil, fats, baby diapers, detergent powder, all type of tissues, aluminium foil, personal cleaning items.
According to article 2 of the decision, the Ministry of Economy and Commerce will carryout the law and cross out a list of 35 goods from the records of commercial agents.
The Peninsula
