(MENAFN- The Peninsula) QNA
The Qatari Businessmen Association announced that they have agreed to set up a private sector committee to launch a local economic initiative to support the State's efforts, especially in light of the siege.
The initiative was proposed to support Qatar's economic efforts came after a meeting of the association's board of directors chaired by H E Sheikh Faisal bin Qassim Al Thani, the Association revealed in a statement.
The businessmen presented a number of important ideas on a range of industries. All details would be announced as soon as they are finalised. The aim of this initiative is to achieve internal self-sufficiency in some industries and needs of both citizens and residents.
They pointed out that the world markets are currently open to suppliers who are working continuously with Qatari businessmen to ensure that the local market is not affected by the measures taken by some neighbouring countries against the flow of goods to the State of Qatar, stressing the importance of partnership between the private and public sectors.
The private sector has played a role in solving the repercussions of the siege on Qatar, where it has created alternatives and solutions related to foodstuffs and appropriate means of transport through the sea and air lines to transport all materials quickly and effectively, in addition to supporting the local product.
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