The Gulf Cooperation Council (GCC) countries have established a uniform mandatory legal framework for e-commerce among themselves and are making steady progress towards preparing a uniform law on commercial franchising. These, among other important topics, were discussed at the 58th preparatory meeting. Committee of Undersecretaries of Industry and Commerce, and the 44th Meeting of Undersecretaries of Industry of the GCC, chaired by Mohamed bin Hassan Almalki, Undersecretary of the Ministry of Industry and Trade (MoCI). At the 65th Trade Cooperation Committee Meeting in 2023. , GCC ministers were considering developing a uniform legal framework to govern e-commerce across the Gulf region, based on flexible principles. Officials discussed several topics at the preparatory meeting of the Commercial Cooperation Committee, including the establishment of an expert committee. The conference also discussed updates to commercial laws such as consumer protection laws and competition laws. The meeting also discussed the activities of the Small and Medium Enterprises (SME) and Entrepreneurship Committee, the Internal Trade Committee, and the Foreign Trade Committee. Updates on free trade negotiations with countries and international blocs, as well as other topics of common interest to GCC countries, were reviewed. Officials considered a proposal to establish an electronic platform to serve as a database for Gulf industry projects and joint projects. Investors will not only have access to information on the industrial sector, but will also be able to consider member states' experience in the field of future factories, combating harmful practices and protecting Gulf industries from unfair competition. “Achieving the collective goals and aspirations of the GCC countries, which aim at the development of various sectors, especially commerce and industry, in a way that contributes to the promotion of the economic development of the member countries,'' said Khalid bin Ali Al Sunaidi. al-Malki said in the presence of his aides. Secretary-General for Economic Development Affairs of the GCC Secretariat; Saleh bin Majid Al Khuraifi, Assistant Undersecretary of Industry and Business Development, and Ayed Al Qaftani, Deputy Undersecretary of Commerce of MoCI, were present. meeting.
