(MENAFN- Gulf Times)
HE the Undersecretary of the Ministry of Commerce and Industry Sultan bin Rashid al-Khater highlighted the State of Qatar's commitment to food security, adding that the country has taken the necessary measures to limit the impact of disrupted supply chains locally and internationally.
HE the undersecretary participated in a discussion on improving supply chains resiliency, held as part of Qatar Economic Forum, Powered by Bloomberg.
He said that the challenges facing supply chains globally, considering Covid-19 lockdowns and geopolitical crises, require establishing laws for the international economy to support international trade and investment.
He discussed the initiatives introduced to support the states agricultural sector to increase local production to meet demand.
He highlighted that the State of Qatar succeeded in becoming self-sufficient in several basic food products, including milk and poultry.
He highlighted that these initiatives played an important role in supporting the national economy.
He pointed to the states logistical and warehousing capabilities, especially cargo and sea shipments.
He added that the State of Qatar had a proactive plan related to supply chains which included the necessary infrastructure for it like establishing Hamad Port, one of the regions most strategic ports.
His Excellency also noted that the country's industrial strategy also contributed to facing the challenges resulting from the pandemic.
He said that the main objective of the strategy was to diversify and strengthen national industries and their associated supply chains.
He added that all state institutions worked on developing programmes that builds a knowledge-based economy and encourage scientific activities, innovation, financing, and increasing productivity.
In concluding his remarks, Undersecretary of the Ministry of Commerce and Industry stressed the states support to innovation, research and development, to boost the technological capabilities of the industrial sector.
He noted that work continues to enhance the states investment in diversifying supply chains through the infrastructure and using the most modern technological tools.
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.