A delegation from Qatar Chamber led by its chairman, HE Sheikh Khalifa bin Jassim Al-Thani, joined the 62nd meeting of the Federation of Gulf Cooperation Council Chambers (FGCCC) and the 134th meeting of the Board of Directors of the Union of Arab Chambers (UAC) in Manama, Bahrain.

The meeting discussed enhancing economic and commercial cooperation among the Gulf states and also reviewed the final financial accounts and comparative report on the revenues and expenses of the Federation’s General Secretariat for 2022, the construction of the new headquarters, and the outcomes of the consultive meeting with the GCC Ministers of Commerce.

The UAC meeting focused on revitalising the Arab economy, activating the business environment and promoting innovation, sustainability and digitalisation. It also covered Arab food security in the face of global changes, digitisation in Arab countries and the Arab private sector’s memo to the Arab Socio-Economic Development Summit in Mauritania 2023, which emphasises the strategy for enhancing joint Arab action in light of regional developments.

In a statement, HE Sheikh Khalifa emphasised the pivotal role of the private sector in stimulating intra-Arab trade. He stressed the significance of achieving economic integration within the Arab world and enhancing the private sector’s involvement in Arab economic activities.

Sheikh Khalifa also highlighted the importance of strengthening economic integration among GCC economies and promoting intra-GCC trade through mutual and joint investments. He reaffirmed Qatar’s strong support for initiatives aimed at achieving economic integration at the Arab and GCC levels.

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