Co-op union fixes prices ‘Rules apply to all firms’

KUWAIT CITY, Dec 12: Board Chairperson of the Union of Cooperative Societies Abdulaziz Al-Samhan disclosed the Prices Commission has unified and fixed the prices of some 27,000 commodities to be sold in all cooperative societies, adding the commission is still continuing on its task to complete the unification of all commodities, which add up to 60,000, reports Al-Seyassah.

On allegations that the union suspended one of its affiliated companies from importing consumer commodities after activating its rules and regulations, Al-Samhan added the sector does not target any particular company and that the rules apply to all suppliers without exception.

He said the company in question ignored instructions from the prices commission.

In a related development, Al-Samhan affirmed the union is involved in implementing many projects in the future, among them establishing the cooperative societies’ bank, and unifying the prices of vegetables in all cooperative societies, and creating a Public Authority for Cooperative Societies to improve the activities of all cooperative societies in the future.

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