Qatari private sector has proved its robustness and ability to overcome the consequences of the economic blockade imposed by the Kingdom of Saudi Arabia (KSA) and its allies, said the Chairman of Qatar Chamber (QC), Sheikh Khalifa bin Jassim Al Thani, in a statement, on Sunday.
Sheikh Khalifa noted that from the very beginning of the unfair siege which started on June 5, all business sectors promptly looked for new channels to import all goods including foodstuffs and building materials, confirming that this has significantly contributed to the continuity of good flow to Qatar’s local market.
“There is instant communication between Qatar Chamber and all concerned ministries and institutions to remove all obstacles facing business sectors in a view to ensuring the sustained flow of goods and preventing any shortage especially in foodstuffs,” Sheikh Khalifa added.
He pointed out that the chamber daily holds meetings with trades and importers to discuss all constraints facing them in order to address stakeholders and concerned bodies to find immediate solutions.
He also praised the fruitful cooperation with all government authorities in this regard which resulted in solving all problems facing Qatari merchants and opening new horizons for businessmen to expand their business in order to meet demands and fill any shortfall in the demand-supply balance caused by the blockade.
“We are currently focusing on encouraging businessmen to relocate industries, particularly the foodstuffs industry. They will be granted new incentives and facilitations that enable them to immediately start their own businesses,” he said.
He pointed out the initiative launched by the single window committee, which was formed as part of a project to streamline investor services, has contributed to speeding up the issue of industrial licenses under the theme “Own a plant within 72 hours”.
The initiative also included introducing 250 industrial opportunities in the various sectors, he added.
QC’s chairman said that the siege imposed on Qatar didn’t have impact on the Qatari market, while the companies related to the siege countries are heavily affected as they have lost their existence in the Qatari market.
He assured that Qatar promptly managed to find new alternatives, especially with the launch new direct marine route with Oman such as Salalah and Sohar ports and with India through “Mundra” and “Nhava Sheva” ports. in addition to Izmir port from which a ship of 3000 tons of foodstuffs arrived in to Qatar few days ago.
Separately, Sheikh Khalifa, in the opening article for QC’s monthly publication, (Al MOLTAQA Magazine), underlined that Qatar’s economy once again proved that it has been strong enough and resilient against economic crises and headwinds.
“Despite the huge drop in global oil prices, Qatar still holds a robust economy. On the heels of the global slump of oil prices, Qatar’s economy remained robust and achieved great developments unlike other regional peers that witnessed recession and retraction,” he noted.