Doha: Minister of Commerce and Industry H E Sheikh Mohammed bin Hamad bin Qassim Al Thani, affirmed that Qatar Economic Forum (QEF), in cooperation with Bloomberg, reflects the status of the State of Qatar as an influential economic player, and as a bridge for communication and constructive dialogue, and translates its keenness to strengthen international partnerships to achieve global economic recovery.
The Minister said in a statement that the Forum, which will be held from June 20 to 22, is a distinguished platform for discussing solutions to address the current issues and challenges the world is witnessing.
He stressed that the forum reflects the State of Qatar’s keenness to enhance international cooperation and partnerships to achieve a just economic recovery that includes all countries, especially developing and least developed countries, in a manner that enhances the ability of these countries to overcome the economic repercussions of the (COVID-19) pandemic and the consequences of the Ukrainian crisis, especially its impact on the markets commodities, trade, and the financial sector of many economically fragile states.
The Minister also stressed that the forum reflects the strategic position of the State of Qatar as an influential economic player in the region and as a bridge for communication and constructive dialogue between the region and various countries of the world.
He said the forum represented an important part of the efforts of the State of Qatar towards consolidating its position as a leading global centre for important international events, where thinkers and experts would discuss innovative and effective solutions and mechanisms to address comprehensive development issues, by promoting joint international action to raise global economic challenges.
He added: “From this standpoint, we aspire that this Forum will represent an annual international platform that brings together leaders of countries, heads of government, experts from around the world and senior officials of international companies to develop innovative and new perceptions of issues that concern the global economy.”
This year’s edition of the forum sheds light on a number of global topics and issues, including achieving equality in the long-term global economic recovery equation, the future of global markets and prospects for globalisation, ways to support global supply chains, transformations in the energy sector and the green economy, and reduction mechanisms of carbon emissions.
The Minister of Commerce and Industry noted that this year’s edition of the Qatar Economic Forum, in cooperation with Bloomberg, is an additional building block for the positive results achieved during the first edition, which was held in 2021. It attracted more than 600 speakers, including a number of heads of state, business leaders and policy experts in various sectors, from more than 120 countries around the world.
H E the Minister of Commerce and Industry continued: “The forum aims to prepare plans that support the growth of the global economy during the post-pandemic stage, and to rethink the prospects for the global economy through the perspective of the Middle East and North Africa region, adding: “The importance of the forum lies in its ability to take advantage of the current situation to create a new platform for innovation and dialogue between countries to chart a new path and build a better future for future generations.” On the Qatari economy, the Minister explained that Qatar Economic Forum provides an important platform to highlight the State of Qatar as a leading investment destination in the region and the world.
He pointed out that the Qatar Economic Forum provides an opportunity to review the efforts of the State of Qatar to consolidate its commitment to the global multilateral trading system, enhance its economic openness and strengthen cooperation with various trading partners around the world.
He said that the COVID-19 pandemic showed the fragility of the development systems prevailing in the world, whether at the health, economic or political level, and the pandemic also deepened the gap between developed and developing countries at the level of education, health and the economy.
