Unclear procedures, complexity of licensing process, complexities of electronic services etc highlighted
NT Bureau / QNA
DOHA: The Shura Council held its regular weekly session at Tamim bin Hamad Hall on Monday under the chairmanship of Speaker of the Shura Council H E Hassan bin Abdullah Al Ghanim.
The council took note of the request for public discussion submitted by a host of members of the council on supporting the national and foreign investment.
Members of the Shura Council highlighted a range of impediments that face the investment sector and require appropriate and rapid solutions, such as unclear procedures, complexity of licensing procedures, lack of unification, complexities of using electronic services, overlapping requirements and standards for licensing, difficulties related to investment sites and attracting professional manpower, problems in some legislation related to the labor market, as well as rise in some government fees, et al.
In their remarks before the council, the members underscored the importance of optimizing labour market and investment-related laws and legislation to ensure a stable and rewarding environment, support startups, and streamline the administrative and financial procedures.
Upon conclusion of the discussions, the council decided to refer the request of public discussion to the Financial and Economic Affairs Committee for further perusal and submission of its report accordingly.
Additionally, the council approved the request of extending the Financial and Economic Affairs Committee’s works to study the draft law on job localization in the private sector.
The session discussed its delegation’s participation in the 14th plenary session of the Asian Parliamentary Association (APA), and its associated meetings, held in Azerbaijan in February 2024, in addition to the report of its delegation’s participation in the Fourth Counter-Terrorism Coordination Meeting, convened in Vienna in October 2023.
