Posted on May 21, 2016
Chairman of Qatar Chamber of Commerce and Industry, HE Sheikh Khalifa bin Jassim Al-Thani (pictured), said the Chamber's efforts being exerted over the past year focused on the empowerment of the private sector to play a bigger role in line with the State of Qatar's vision aimed at achieving economic diversification.
Addressing the Qatar Chamber's General Assembly meeting held here on Thursday, Sheikh Khalifa bin Jassim Al-Thani said promoting the private sector and increasing its contribution to the GDP has been the main concern for the Chamber, he said. For this purpose, Qatar Chamber has multiplied meetings with trade delegations and exerted great efforts in the organization and coordination of these meetings which added a great value for the business community in Qatar, he said. In 2015, Qatar Chamber hosted more than 70 trade delegation from various countries around the world, he added.
Qatar Chamber has organized various exhibitions and successful conferences which reflected their outputs and recommendations on the business environment in Qatar, he said, referring to the 4th "Made in Qatar" Exhibition, the 1st Gulf Economic Forum, the GCC Businesswomen Forum and "Made in China" Exhibition which attracted a large number of Chinese companies. HE Sheikh Khalifa Bin Jassim Al-Thani stressed the global economic crisis associated with a decline in oil prices and coupled with the decline in global growth rates and the instability that has dominated the entire Arab region, casting shadow over the GCC economies in general.
The crisis might cause a decline in growth rates, he said, noting that a positive exploitation of their drawbacks could lead to a real diversification of the sources of national income and achieve strong growth for the role of the private sector. He highlighted Qatar Chamber's great efforts in organizing conferences, seminars, meetings and various exhibitions in order to support the private sector and meet aspirations of its associates.