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Business and FinanceCommunications and IT

MOCI and QC Sign MoU on Electronic Issuance of Arab Certificate of Origin

08 Sep, 2020 12:00 AMAl Arab Newspaper, Gulf TimesIntended Audience
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The Ministry of Commerce and Industry (MOCI) signed yesterday a memorandum of understanding (MoU) with the Qatar Chamber (QC) to facilitate procedures for the electronic issuance of the Arab certificate of origin. Mr. Saleh bin Majed Al Khulaifi, assistant undersecretary for commerce and industry affairs affiliated with the MOCI and QC Director General Mr. Saleh bin Hamad Al Sharqi signed the MoU.

Mr. Saleh bin Majed Al Khulaifi, assistant undersecretary for commerce and industry affairs affiliated with the MOCI, stated the MoU represents an important step in consolidating Arab economic integration and supporting intra-regional trade with the countries of the region. He added that the cooperation between the cooperation between the MOCI and QC aims to enhance the competitiveness of national products and support exports through their expansion into regional markets. He also said that it allows national companies to take advantage of the commercial opportunities available in the markets of Arab countries.

For his part, QC Director General Mr. Saleh bin Hamad Al Sharqi said that the electronically-issued Arab certificates of origin would contribute to bolstering intra-Arab trade by facilitating the movement of goods and commodities among Arab countries without delay. He noted that the application of the electronically-issued Arab certificates of origin was a proposal put forward by the delegation of the State of Qatar during a meeting on certificates of origin at the Arab League around five years ago.

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