Advisory Council discusses draft law regulating non-Qatari investment
February 12 2018 02:08 PM
Qatar Flag

QNA/Doha

The Advisory Council today discussed a draft law regulating the investment of non-Qatari capital in economic activity, during its regular weekly session.

This draft law comes within the framework of the State's economic policy which is aimed at encouraging investment and attracting foreign investment, said HE Ahmed bin Abdullah bin Zaid Al Mahmoud, the Speaker of the Council. He added that it was expected to have a positive impact on the Qatari economy.
The Council then decided to refer the draft law to the Finance and Economic Affairs Committee to study it and submit a report thereon to the Council.

The Council meeting was held under the chairmanship of  HE Ahmed bin Abdullah bin Zaid Al Mahmoud.

At the outset of the meeting, HE the Advisory Council Speaker briefed the Council on the results of the third conference of the Arab Parliaments and Arab Parliamentary Speakers which held on Saturday at the headquarters of the Arab League General Secretariat in Cairo.

HE also briefed the Council on the series of meetings he and the accompanying delegation held on the sidelines of the conference, which included a meeting with HE President of the Inter-Parliamentary Union, HE Secretary General of the Arab League and HE President of the Parliamentary Assembly of the Mediterranean.

The Council also reviewed a request for a general discussion presented by a number of members on the issue of food security. Members of the Council stressed the exceptional importance of this issue, particularly in light of the unjust siege imposed on the country, praising the efforts exerted in this regard which have so far achieved significant results as self-sufficiency reached high rates in a number of commodities and products such as vegetables, meat, dates, fish, dairy, poultry and eggs. 

HE Advisory Council Speaker affirmed that these important goals were achieved thanks to the directives of His Highness the Emir Sheikh Tamim bin Hamad Al-Thani, who placed food security at the forefront of the country's strategies and development plans.

After extensive discussions, the Council decided to forward the request for a general discussion to the Finance and Economic Affairs Committee to study it and submit a report thereon to the Council.

Last updated: February 12 2018 02:10 PM


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