By NNN-KUNA,
Doha : The GCC ministers of commerce have decided to set up a panel to thrash out uncontrollably surging food prices, acting Qatari Minister of Finance and Commerce Yussef Kamal said.
The minister was speaking to reporters following the 38th meeting of the GCC Ministers of Commerce here Tuesday.
The panel will look into food stock and storage methods, he said.
On the meeting, Kamal said several draft laws on insurance, accountability, competition and consumer protection were discussed.
The GCC ministers also discussed obstacles impeding Gulf trade integration, especially failure by some GCC members to abide by obligatory laws adopted a long time ago, he added.
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