• Trade Minister for «Shura»: We made a proposal to determine prices on children formula

    25/12/2013


    Under study in «Food and Drug Administration» and «Health» 
    Trade Minister for «Shura»: We made a proposal to determine prices on children formula


     
    In closed session under the dome of the Shura Council, the trade and Industry Minister Dr. Tawfig Alrabiah said the Ministry would not allow the manipulation of prices will continue to monitor the manipulators to achieve fair competition and will not approve on a price and control. Referring to a proposal by his Ministry to determine prices of infant formula and currently studying at the Ministry of health and the food and drug administration. With regard to the real estate market, Trade Minister described the estate offices ' shameful '; calls for reform may take three years to finish ' chaos ', also promised there will be no commercial paper at the end of the year 1435.
    In listing his role, connected between the Ministry three sectors within the scope of its responsibilities the Chairperson is the industry and trade sectors and consumers, noting that the Ministry has started in many actions to support the industrial sector and make it attractive to industrial investors. Where a license has been reduced to three days instead of the period was spent on licensing which span several months and possibly up to a year, and switching to licenses that give the investor effort to get license without having to consult the Ministry or its subsidiaries. AlRabiah said easier customs exemption and release within two weeks after it has been converted to an electronic while the needs in the past several months, as a follow-up, is active in the development of follow-up industry visit all the factories registered twice annually and documented information about the factory, along with the establishment of a body to promote non-oil exports and boost transparency requests for employment.
    Alrabiyah demonstrated ' rising industrial land in the past seven years to 160 million square meters, over the establishment of 32 industrial city spread over parts of the Kingdom '. On the trade sector, the Minister felt that ' the private sector has witnessed a number of developments which facilitate a commercial record, electronically in some areas, and would also be in all regions by the end of this year. As the ' certification trademark not taking more than seven days, as shares in the short term issues securities to 20 days instead of years, as well as for the issue of checks without balance, where the Ministry's firm position and awareness campaign great success and defamation of offenders '. In this context the Ministry finally standardizing economic activities, so that every single business enterprise, the Ministry is also working on the code, so as to ensure the exchange of information between the relevant authorities. As well as working on corporate governance and accounting offices and international accounting standards and all would benefit business activity in the Kingdom.
    Al-rabyiah said the Center daily receives communications ' more than 1300 touch 50 per cent up by smart devices, as the application of electronic communications has been downloaded more than 300,000 times. On questions relating to the protection of the consumer, ' Ministry is keen on this file systems do this and ensure the commitment of all '. And ' that his Ministry is working on consumer protection through the application of the regulations to enhance consumer protection and to ensure fair trade with sincere trader market reputation and careful protection of some faint '. And distressed real estate contributions he said Shura Council members that there is a Special Committee continue to meet on a weekly basis to resolve this and restore the rights of shareholders, however, saying that the Commission, while unloading 50 staff for this task, but face problems such as different contributors and so on, and continues to work and realize that their cases were originally stumble to understood the need for extra effort to accomplish such contributions, noting that the specialized contributions are licensed by the Ministry of Commerce.
    The Minister warned that the industrial licensing was a center for manipulators to obtain visas for employment so addressing this imbalance and activating the role of industrial oversight by periodic field visits and eliminate factories. The number of factories has been limited formal and approximately 6300 factory we have complete data, we periodically. Pointing out that the industrial situation better now in terms of land availability, easy procedures and industrial finance and hope to make more facilities for industrial investors , export development, the subject of interest of the Ministry, which has set up five months ago, a new body for the development of non-oil exports and will work professionally distinguished during the coming period, adding that Saudi non-oil exports growth reached 6 per cent over the past five years and is working to achieve more with the assistance of other relevant agencies, especially those capable of granting preferential advantage of local products.
    And e-commerce sites, selling and relationship of the Ministry, said Minister of trade and industry ' that this aspect needs to be governed by systems for resolving disputes that may arise, we will close this special regime ,a campaign will be launched by the Ministry in coordination with the Ministry of the Interior to combat the concealment and has initially set on 1/6/1435 of the launch, indicating that ' cover-up has many forms including Tester ' for incoming, and Government employee in work on behalf of non-name '.
    And about questions of some members on the efforts of the Ministry of trade and industry in the area of external trade, responded that his Ministry has set up several Rapid Share last in the United States and France and participated in international forums in Germany and Japan, there are joint committees with several countries ' Ministry is keen to boost commercial attaches and is seeking to increase its assessment '. It noted that the WTO has no observations on the Kingdom for trade and industry. One member took to the Minister with respect to the question whether the national strategy for industry initiatives and programs to enable women to work in the industrial field, and his response was ' the Ministry of labor has a clear effort on women's work and strive for their support, adding that the Ministry is seeking to find industrial cities would be a priority to the employment of women, and is planned to be in several areas including the province, the Ministry also encouraged investors in the transport sector to move workers in industrial cities.

    About the free zone and found in Saudi Arabia he said that the free zones to boost trade and commerce, the Ministry has already raised the proposal to assign tasks to industrial city.

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