Qatar Chamber’s Gold Committee yesterday reviewed customs-related obstacles and presented several suggestions to the government to overcome such hindrances.
Nasser bin Sulaiman al-Haider, chairman of the Gold and Jewellery Committee, presided over the third meeting held at the chamber’s venue in the presence of other members.
The meeting was attended by Sultan Abdul Latif al-Nuaimi, Director of the Exemptions and Suspended Fees Department at the General Authority of Customs (GAC).
The meeting touched on the most prominent obstacles facing the sector which are related to the customs procedures and fees.
The GAC’s representative delivered several recommendations to facilitate corporate grounding procedures, which were highly acclaimed by the committee’s members.
The meeting also reviewed procedures related to the export-import process, and mechanism to improve companies' customs clearance procedures.
Al-Nuaimi said that the authority prevents the entry of counterfeit products and there are strict measures in this regard, adding that tariffs are uniform duties in the GCC or Gulf Co-operation Council countries.
He also highlighted the existence of customs exemptions between Qatar and the EFTA (European Free Trade Association) states.
The committee’s members stressed that gold has a special nature, requiring different legislation and procedures to support the state’s gold and jewellery industry and trade in the state.