22 Hrs
Source:
وكالة الأنباء الليبية
Draft law on food and pharma security
The Competition and Monopoly Prevention, Consumer Protection Council has proposed a draft law aimed at strengthening food and pharmaceutical security in the country. The goal is to provide essential goods and medicines at affordable prices and with high quality. The project includes establishing a national framework to secure needs through the development of storage and distribution systems, organizing short-, medium-, and long-term strategies, prioritizing vital commodities, and implementing mechanisms to continuously monitor and update stock levels and prices to reduce waste, spoilage, and market fluctuations. It also focuses on revitalizing cooperative associations and empowering them to supply goods at competitive prices, while regulating the relationship between the state and the private sector to ensure contractual freedom. Additionally, the project aims to develop a price monitoring system, protect consumer rights through digital support systems, and ensure fair distribution of essential medicines. The initiative seeks to address challenges caused by fluctuations in oil revenues, achieve market stability, improve efficiency in import, storage, and distribution processes, and enforce strict financial oversight along with measures to combat monopoly and manipulation. The plan includes preparing a comprehensive strategy, ensuring ongoing follow-up, and submitting regular reports to the House of Representatives on policy implementation and its impact on prices and quality. The project is set to come into effect after its approval and publication in the official gazette, within no longer than 90 days.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)