Commerce And Industry Minister Met The Parliamentary To Discuss About Buisness Improvement

Commerce and Industry Minister Khaled Al-Roudan on Wednesday met the parliamentary Small and Medium Enterprises and Business Environment Improvement Committee, during which they agreed on the need to improve the local business environment especially since the country currently ranks 102nd in this aspect worldwide. He asserted this rank does not suit the country and its economy, affirming a comprehensive plan in this regard will be presented to the Parliament next week. He said improving the business environment is linked with several bodies, adding that the Cabinet has instructed all institutions to cooperate with the committee in improving the business environment in order to encourage young Kuwaitis to put up their own businesses.

On the small and medium enterprises (SMEs), Al-Roudan said he asked the committee to postpone talks on this issue for three months. He added a brainstorming workshop will be held soon with people interested in this subject and members of the Small and Medium Enterprises and Business Environment Improvement Committee in attendance. “This is in cooperation with the concerned parliamentary committees. SMEs will have their share through the development of their fund and amendment of the relevant laws,” he explained.

 

SOURCE : ARABTIMES

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