Qatar Chamber reviews an initiative for enhancing the economic and industrial in GCC at the Consultative Meeting

01-05-2024

Chairman of the Qatar Chamber, HE Sheikh Khalifa bin Jassim Al Thani, emphasized the vital role that the Federation of the GCC Chambers plays in the development of the Gulf private sector.

This came at the “Consultative Meeting between their Excellencies the GCC Ministers of Commerce and Industry and the Heads of the GCC Chambers of Commerce” which took place on Wednesday, May 1, at the Raffles Hotel Doha.

HE Sheikh Khalifa stressed the significance of the Consultative Meeting for reviewing mechanisms to elevate economic growth and enhance economic integration and communication between member states.

His Excellency also said that the meeting serves as a concrete implementation of the directives set forth by Their Majesties and Highnesses, the leaders of the GCC states, that aim to provide support for the private sector and boost its crucial role in the inclusive economic development across member states.

HE stressed that this meeting further underscores the GCC Leaderships’ keenness to address all issues and challenges related to strengthening economic and commercial cooperation between member states.

QC Chairman expressed his hope that the meeting would yield positive recommendations and concrete results that contribute to addressing all challenges facing GCC economies, expanding the private sector’s role in economic activity in member states and supporting the FGCCC’s role.

Furthermore, HE reaffirmed the Chamber’s support for these directives. HE expressed the Chamber’s commitment to strengthening cooperation with GCC unions and chambers, fostering cooperation between Qatari and Gulf private sectors, and promoting partnership between the public and private sectors across member states.

At the meeting, HE Sheikh Khalifa reviewed the Chamber’s initiative ‘Made in the Gulf’ which aims to enhance the economic integration of the industrial development and increase the joint ventures between the Gulf private sector and between the public and private sectors. It also aims to make advantage of the economic zones in member states amounting to 60 zones.

HE also indicated that the initiative contributes to achieving the Gulf directives to reach economic citizenship, accelerating the exchange of commodities in GCC custom ports. It further contributes to stimulating local and foreign investments in the industry sector and raising the efficiency of special economic zones in GCC states.

Back to top button