Strong support essential for resilient, sustainable economy: OCCI – cdn-3.timesofoman.com

Strong support essential for resilient, sustainable economy: OCCI – cdn-3.timesofoman.com

Muscat: Providing good support in the form of training, legislation and finances are essential to create a solid and sustainable economy that provides community prosperity and good living standards for individuals. According to Rida bin Juma Al Saleh, chairman of the Board of Directors at the Oman Chamber of Commerce and Industry, the OCCI is ready to provide its inputs regarding provisions and measures necessary to build a resilient economy. OCCI's suggestions came during their Ramadan evenings, a series of discussions held during the past month that highlight key areas of Oman's economy the ways in which they can be made better. Held under the auspices of Qais Al Yousef, Minister of Commerce, Industry and Investment Promotion, another key topic of discussion at the event was cooperative shops in Oman, as are present in a number of other countries of the Gulf Cooperation Council (GCC). "Consumer cooperatives undoubtedly open more options for different consumers, giving them a chance to obtain various commodities," said Al Saleh. "These cooperatives can integrate with other stores and thus play a vital role in providing consumer goods and services at reasonable and competitive prices." Consumer cooperatives occupy an important place in global economies as the