QC informed on preparations of ‘SPIEF’


QC, QRCC explore Qatari-Russian cooperation opportunities

The State of Qatar will participate as the guest country in the upcoming Saint Petersburg International Economic Forum (SPIEF) scheduled to be held in June 2021.

In this connection, the Qatar Chamber (QC) hosted on Thursday a virtual introductory meeting in cooperation with the Qatari-Russian Center for Cooperation (QRCC).

Held under the theme ‘Qatari-Russian Cooperation Opportunities’, the webinar aimed at reviewing means of boosting commercial and economic ties between Qatar and Russia, as well as identifying the latest developments regarding the Qatari participation in SPIEF.

The event witnessed the participation of QC Board Member and Chair of Qatari-Russian Business Council HE Eng. Ali bin Abdullatif Al Misnad and Chairman of the Supervisory Board of the QRCC HE Fahad bin Mohammed Al-Attiyah.

The webinar is also attended by many QC board members.

Addressing the event, Eng. Ali Al Misnad stressed the importance of holding the webinar in identifying the preparations related to Qatar’s participation in SPIEF as the guest country, noting that SPIEF is an international forum that has been held since 1997.

Underscoring the great importance of SPEIF, Al Misnad said the forum represents a genuine opportunity for participants to conclude agreements and deals and sign between major global economic and financial institutions, as well as discuss the key economic issues facing the world.

He expressed his hope that the webinar would help participants learn more about the Qatari participation in SPIEF, noting that during the Qatar Chamber’s participation in the last edition of SPIEF held in 2019 signed MOU with Roscongress Foundation, which is the organizer of the forum.

The Chamber will participate in the next version of the forum within the pavilion of the State of Qatar, alongside several ministries, institutions, and economic and developmental bodies in the country.

QC Board Member also expressed his confidence that SPIEF will contribute to strengthening cooperation relations between the two friendly countries, especially between the Qatari private sector and its Russian counterpart.

“SPIEF provides an important platform for identifying the attractive investment climate in Qatar and promoting the Qatari economy in general and private sector projects in particular, as well as exploring the investment opportunities available in Russia and discussing the possibility of establishing alliances and joint projects between Qatari and Russian businessmen,” he added.

He also emphasized that the Qatari-Russian Business Council is making tireless efforts to enhance cooperation and partnership between the two sides.

In his opening remarks, Qatari-Russian Center for Cooperation’s Supervisory Board Chairman, H.E. Fahad bin Mohammed Al-Attiyah emphasized that the SPIEF is the largest investment and economy-focused event of its kind in Eastern hemisphere.

He also marked the significance of the State of Qatar being officially invited as Guest Country at SPIEF 2021, an honour which enables Qatar to enhance bilateral investment and trade ties between the two nations, while also opening up considerable opportunities for Qatari companies to set up partnerships with Russian companies.

“The role of the Qatari-Russian Center for Cooperation (QRCC) is to bring together Qatari and Russian businessmen prior to SPIEF 2021 for discussions on deals, and to facilitate their investment and trade fields between them, to ensure tangible deals and agreements at SPIEF 2021 as well as successful bilateral cooperation” – he added.

QC Board Member Ms. Ibtihaj Al Ahmadani called for a wider participation of Qatari businesswomen at the forum to learn about investment opportunities available in Russia, stressing that Qatar is a robust and promising market for Russian businesswomen in numerous aspects of cooperation.

During the webinar, many presentations were delivered by QRCC’s CEO Ms. Diana Charmadova, QRCC’s CBO Doha Office Uzair Mohammed, Director of Office of Knowledge and Innovation Andrey Egorov and CEO of Qatar-Russia Investment and Trade Advisory Oleg Chizh.

They highlighted details on the history and upcoming edition of SPIEF, the benefits for Qatar as a guest country, Qatar Chamber’s venue at the forum and the investment and trade opportunities available in Russia.

On her part, QRCC’s CEO Ms. Diana Charmadova said that SPIEF is an important Russian business event that has been held in St. Petersburg since 1997, noting that each year the number of participants exceeds 19 thousand people, who come from more than 145 countries.

The SPIEF audience includes heads of major Russian and foreign companies, heads of states and political leaders, prime ministers, deputy prime ministers, and governors, she added.

Elaborating the benefits of the SPIEF’s guest country, Charmadova said this honorary position implies organizing business events as well as exhibitions and cultural events, in addition to the construction of a national pavilion for showcasing the country’s capabilities in the economy, industry, culture, and tourism noting that is expected that about 50 entities from Qatar will participated in the forum with the participation of more than 500 people.

Qatari pavilion’s area is approximately 3900 m2 distributed in four zones for exhibiting and non-exhibiting entities.

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