Minister of Commerce Osma Faqih announced today that his ministry proposes to set up a national committee for consumer affairs, with the primary aim of protecting consumers from detrimental practices. This move, he said, is in line with the accelerating growth and diversification of commercial activities in the Kingdom. Such a committee would have branches throughout the country to enlighten the citizens on their rights and provide guidance for them. It would also support government efforts to combat forgery and fraudulent enterprises, and play a role like that of the chambers of commerce in protecting the interests of the business community.
Meanwhile, it was reported yesterday that King Saud University (KSU) in Riyadh has set up the Prince Abdullah Research and Consulting Institute in a pioneering move to link the university with the business community and government agencies. With some 3,000 highly qualified experts on the faculty, KSU can provide wide advisory and consultancy services.