Qatar Chamber supports efforts to strengthen ties between chambers of the GCC

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Qatar Chamber supports efforts to strengthen ties between chambers of the GCC

Oct 31, 2021 – 9:48 AM

Qatar House Director General Saleh bin Hamad Al Sharqi (right) and FGCCC Secretary General Dr Saud bin Abdulaziz Al Mishari at the 50th Meeting of the Federation of Council Chambers Executive Committee cooperation program, organized by QC at the Sheraton hotel.

Doha: Qatar Chamber (QC) supports efforts to integrate and strengthen cooperation between member chambers for the benefit of the Gulf economy. This stems from Qatar’s support for joint Gulf action to achieve economic integration among GCC states, said Qatari House Director General Saleh bin Hamad Al Sharqi.

He was addressing the 50th meeting of the Federation of Gulf Cooperation Council Chambers (FGCCC) Executive Committee. The high-profile meeting saw the participation of general managers and directors of unions and state chambers of the GCC. The meeting was hosted on Thursday by the Qatar Chamber at the Sheraton Hotel.

The meeting was chaired by the Director General of the House of Qatar, Saleh bin Hamad Al Sharqi, and the Secretary General of the FGCCC, Dr Saud bin Abdulaziz Al Mishari, attended the meeting.

Speaking at the meeting, Saleh Al Sharqi welcomed all participants and visitors. He stated that the meeting would achieve its desirable objectives which flow from the main objectives of the Committee, the most important of which is the activation of the role of the Committee in the work program of the General Secretariat of the FGCCC.

Dr Saud bin Abdulaziz Al Mishari thanked the Qatar Chamber for hosting the meeting and for its generous hospitality. The meeting approved the minutes of the 49th meeting and considered the recommendations of the 49th meeting of the committee held on March 1, 2021, as well as a proposal submitted by the Oman Chamber of Commerce and Industry regarding the activation sectoral committees among the Member States. It also examined a feasibility study and the expected expenses of the new headquarters of the FGCCC and a draft work program of the General Secretariat of the FGCCC and the estimated budget for the year 2022.

The Committee discussed the draft agenda for the 56th meeting of the Federation and the 51st meeting of the Executive Committee. Recommendations related to these topics were also agreed to for submission to the FGCCC Board. Committee members also agreed that the 51st meeting of the executive committee will be held on February 17, 2022 in Al Khobar, Saudi Arabia. The FGCCC executive committee is made up of administrators and executives from member unions and state chambers of the GCC.

The FGCCC was created in 1979 with the main objective of supporting the six national chambers that are members of the CCG. It aims to represent the private sector of the Gulf on ministerial and technical committees of the GCC, to coordinate with the General Secretariat of the GCC on issues related to the private sector of the Gulf, to organize events involving cooperation between member chambers and the General Secretariat. of the GCC and the Gulf, Arab countries and international organizations, encourage foreign companies to invest in GCC states, support small and medium-sized enterprises and businessmen, publish directories, magazines, leaflets and d ” other publications, prepare training programs to improve the performance of the private sector, undertake studies and work on documents relating to the Gulf economy, intervene in the settlement of trade disputes and provide the authorities concerned with laws and regulations relating to the private sector.

The objectives of the FGCC chambers are – to strengthen the role of the private sector in achieving economic integration between the GCC States; coordinate and support member chambers as the main representative of the business community; provide specialized services with high added value in the field of studies, information, training, publishing of publications and directories, organization of events and exhibitions and other services ; and intensify the integration of the Gulf’s private sector into the world economy.

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