The Saudi Council of Commercial and Industrial Chambers (CCIC) was established according to the Royal Decree No. R/6, dated 30/4/1400H, as an established body (entity) concerned with joint interests of Saudi Commercial and Industrial Chambers in the Kingdom. The Council represents these chambers at national and international levels and undertakes the promotion of the private sector’s role in the national economy. The Council began its real activities by setting up its executive body: the General Secretariat as of 1410H, and since then it has been realizing big strides towards achieving the assigned goals.
According to its establishing system, the CCIC’s role is mainly focusing on the joint interests of Saudi Commercial and Industrial Chambers in the Kingdom, pushing the progress of private sector foreword and promotion of its role in the national economy. The Council, given support by Allah Almighty and concerned chambers and departments within the Kingdom, could realize considerable achievements at different levels.
Additionally, the CCIC is considered the channel where drives of private sector are being united, an instrument which oversees its ambitions and an institutional which pursues realization of those ambitions within the goals of national economy.
Mission of Council
Missions assigned to the CCIC are derived from the system of Saudi Chambers of Commerce and Industry as well as from elements imposed by the economic situation including changes which may affect the current and future position of private sector.
The missions can be summarized as follows
· Taking care of matters concerning the private sector, following up of economic issues related to private sector and proposing appropriate solutions to these issues.
· Voicing and expressing united stance of the CCIS and private sector on generalized issues of mutual concern by making united view on systems and regulations of economic and financial nature which could affect the economic activity.
· Explaining policies, systems and resolutions taken by official bodies so as to deliver accurate data to the chambers and subscribers.
· Boosting financial and human capabilities of private sector and upgrading of its contribution in the economic activity as well as promotion of its performance to guarantee its effective role in socio-economic development in the Kingdom.
· Introduction and development of activities which lead to provision of services to businessmen, encouragement of CCIC capabilities to undertake these activities.
· Representation of commercial chambers, in all issues of mutual nature, at local and international levels.
· Boosting capabilities of chambers and their subscribers which will ensure upgrading capabilities of private sector and in turn, expansion of its contribution to the national economy.
· Crystallization of views of chambers and business sector on general issues of mutual concern.
· Provision of data, organization of regular conferences and specialized symposia which bring together private sector, government bodies or regional and international economic gatherings.
· Practicing arbitration and settlement of industrial and trade disputes if parties agree on their referral to the CCIC, in case that the dispute is between parties belonging to more than one chamber or if one party is local and another one is foreigner.
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