Kuwaiti Minister states GCC states seek to overcome trade obstacles

The GCC countries are eager to overcome obstacles facing the development of trade amongst them, said Kuwaiti Minister of Commerce and Industry, Minister of State for Services Khaled Al-Roudhan Thursday.

This statement to KUNA came after the minister’s participation in the 58th meeting of Commerce and Cooperation, the 46th meeting of the Industrial cooperation committee, and first meeting for the ministerial evaluation committee. The meetings focused on GCC economic integration and finding solutions to overcome obstacles in facing of joint commercial cooperation, stated the minister.

Minister Al-Roudhan revealed that the gatherings included for the first time ever a meeting between ministers and Gulf prominent business figures, adding that the participants had a serious discussion on further boosting commerce and the transport of commodities in the region. He revealed that a Kuwaiti proposal on solving problems facing small-to-medium size businesses was discussed during the ministers-business personnel meeting. The three meetings held today dealt with efforts to amend the regulation concerning patents, challenges facing the steel industry in the region, giving priority to national products made in GCC countries, and other prominent issues.