Posted on June 14, 2019

The Qatar Chamber (QC) recently participated in the St Petersburg International Economic Forum 2019 (SPIEF) held in St Petersburg, Russia on June 6-8.

On the sidelines of the event held under the theme “Establishing the Agenda for Sustainable Development”, Qatar Chamber signed a cooperation agreement with Roscongress Foundation, QC said in a statement on Wednesday. The agreement was signed by QC Board Member Ali Abdul Latif al Misnad and Roscongress Foundation CEO Alexander Stuglev. The pact aims to outline plans for the organisations to work together on building effective links between the expert and business communities of the two countries. The agreement enables Qatar to be an official partner at the next edition of SPIEF that will be held in June 2020, QC said.

Misnad said the participation of QC in the event highlights its keenness to strengthen cooperation relations between the Qatari private sector and its Russian counterpart as well as promote Qatar economy and investment climate and projects of the private sector. It also aims to identify business opportunities available in the Russian market and review possibility of establishing joint alliances between Qatari and Russian businessmen in both countries, Misnad added. He noted that the forum represented a key opportunity for holding meetings with businessmen from many countries, affirming that the forum is an international platform that brings together decision makers, economic experts and heads of major foreign companies and representatives of business communities from all over the world.

Misnad pointed out that the agreement sets out initiatives in a number of areas. “These include organising bilateral and multilateral events in the energy, economic, and social sectors, particularly forums, conferences, roundtables, business meetings, expos, and presentations.” He said the next edition of the forum will see a significant Qatari participation from business sectors. He underscored the strong relation between Qatar and Russia in all economic and commercial fields, noting that their trade volume reached QR1.1 billion in 2018, registering a 240% growth compared to QR308 million in 2017.

source: Qatar Tribune