Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani has called for the establishment of mutual investments that would attract foreign investments, the localisation of investments in Arab countries, and the support for the growth of inter-Arab trade.
Sheikh Khalifa made the statement in a speech during the 132nd meeting of the Board of Directors of the Union of Arab Chambers (UAC) held recently in Cairo, with the participation of the heads of unions and chambers of commerce and industry in the Arab member states of the UAC.
Sheikh Khalifa, who chaired Qatar Chamber's delegation in the meetings, stressed the leading role played by the Union in activating the intra-Arab trade and supporting the Greater Arab Free Trade Area (GAFTA) to achieve the Arab common market.
He also underscored the importance of developing co-operation and working to highlight the most prominent areas and investment opportunities available in Arab countries, as well as facilitating the establishment of mutual investments that attract foreign investments, localise investments in Arab countries, and support the growth of inter-Arab trade.
Sheikh Khalifa also underscored Qatar Chamber's support for the Arab joint action in various economic and commercial fields, stressing the need to strengthen intra-Arab trade, which is still below the level of ambition, because of its importance in achieving the desired Arab economic integration. He added that Qatar Chamber will continue to co-ordinate with various Arab chambers to achieve this goal.
The meeting touched on several issues and topics that are related to the Arab private sector, activities, and events the union held last year and the work plan for 2022, in addition to reviewing reports and recommendations of the financial and executive committees.
Discussions also focused on updates of the global economy and business environment and other issues that help in boosting Arab co-operation in economic and commercial spheres.
Sheikh Khalifa, who chaired Qatar Chamber's delegation in the meetings, stressed the leading role played by the Union in activating the intra-Arab trade and supporting the Greater Arab Free Trade Area (GAFTA) to achieve the Arab common market.
He also underscored the importance of developing co-operation and working to highlight the most prominent areas and investment opportunities available in Arab countries, as well as facilitating the establishment of mutual investments that attract foreign investments, localise investments in Arab countries, and support the growth of inter-Arab trade.
Sheikh Khalifa also underscored Qatar Chamber's support for the Arab joint action in various economic and commercial fields, stressing the need to strengthen intra-Arab trade, which is still below the level of ambition, because of its importance in achieving the desired Arab economic integration. He added that Qatar Chamber will continue to co-ordinate with various Arab chambers to achieve this goal.
The meeting touched on several issues and topics that are related to the Arab private sector, activities, and events the union held last year and the work plan for 2022, in addition to reviewing reports and recommendations of the financial and executive committees.
Discussions also focused on updates of the global economy and business environment and other issues that help in boosting Arab co-operation in economic and commercial spheres.
