Shura Council reviews draft law on forming trade court
April 12 2021 02:42 PM
Shura Council
Shura Council


The Shura Council held on Monday its weekly meeting via video conference under the chairmanship of HE the Speaker Ahmed bin Abdullah bin Zaid al-Mahmoud at the Council's headquarters. At the outset, HE the Speaker extended, on behalf of himself and members of the Shura Council, congratulations to His Highness the Amir Sheikh Tamim bin Hamad al-Thani on the advent of the holy month of Ramadan, asking Allah the Almighty continued good health and happiness to the Amir and the people of Qatar, hoping for the end of the pandemic in Qatar, and the whole world.
HE the Speaker briefed the Council on his meeting last Wednesday with Chairman of the Transitional Sovereignty Council of Sudan Lt Gen Abdel Fattah al-Burhan and explained that the meeting focused on well-established bilateral relations between the two countries. He added that Chairman al-Burhan valued the position and role of Qatar in supporting the Sudanese people, especially its great and fruitful efforts for peace, development and reconstruction in Darfur, and that the meeting reflected the common desire to develop the Qatari-Sudanese relations.
The Council continued its session, where it discussed a draft law amending some provisions of Law No. 5 of 2015 on commercial, industrial shops and establishments and street vendors. The Council approved the aforementioned draft law and decided to refer its recommendations regarding it to the esteemed government.
The Council also discussed a draft law on establishing the investment and trade court. The draft law has 35 articles that include the formation of the investment and trade court and its primary and appeals departments. The draft law also defines the jurisdiction of the court, including disputes related to commercial contracts, lawsuits arising between merchants and related to their business, disputes related to non-Qatari capital investment in economic activity, disputes related to the operations of banks, insurance companies, financing and investment companies, bankruptcy disputes, bankruptcy preventive conciliation, patent disputes, protection of competition, prevention of monopolistic practices, combating practices harmful to national products in international trade, disputes related to e-commerce and its transactions, and disputes related to partnership contracts between the government and private sectors.
After discussion, the Council decided to refer the draft law to the Legal and Legislative Affairs Committee to submit a report on it to the Council.

Last updated: April 12 2021 08:47 PM

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