Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar to establish five bodies to push exports  Join our daily free Newsletter

MENAFN - The Peninsula - 17/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - The Peninsula) Qatar will set up five sectoral commissions to support local companies to facilitate exports and participate in international trade and investments.

"We have decided to establish five commissions in different sectors which included energy, trade, banking, arbitration and company's social responsibility (CSR)," Remy Rowhani, Director General of Qatar Chamber said. "We already have some sectoral commissions such as for the banking sector, whose results are very encouraging. Now all the existing commissions will be revamped."

Rowhani, who is also the CEO of International Chamber of Commerce (ICC) Qatar, was speaking at a joint press conference with the Secretary General of ICC, Jean-Guy Carrier, and Stefano Bertasi, Executive Director for Policy and Business Practices at ICC, held to highlight the ICC's contribution in achieving the Bali Package at the WTO.

ICC Qatar, the representative office of the Paris-based ICC disclosed the achievements of the ICC World Trade Agenda, while illustrating plans to support Qatar's businesses at the ICC Qatar Annual Gala Dinner.

The Gala Dinner was held under the patronage of the Prime Minister and Minister of Interior, H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani, along with hundreds of executives, and business and advocacy leaders.

The event was sponsored by Qatar Development Bank, as part of its mission to nurture and promote the private sector in Qatar.

Rowhani and Carrier shared their excitement over the 'Doha Victory' outcome in Bali, Indonesia, which has rekindled new hope to bring global trade negotiations out of a deadlock.

ICC Qatar, under the umbrella of Qatar Chamber, launched the ICC World Trade Agenda (WTA) in 2011 with the aim of stimulating the global economy by helping to move the 'Doha Round' of multilateral trade negotiations out of a 13-year stalemate. "If there's one thing that the 'Doha Victory' demonstrates, it is that global business can indeed unite and voice their concerns under an authoritative platform such as that of ICC to press governments towards better business climate," said Rowhani.

The WTA business priorities, which represents approximately 6.5 million companies in 130 countries, including Qatar, took two years to take shape, including several rounds of business consultations in various parts of the world and the WTA Summit held here in April 2013. Once the recommendations under WTA are fully implemented, the global trade volume is estimated to enhance by 1 trillion, and create 21 million jobs worldwide.

The success of the recommendations in the shape of the 'Doha Victory' has reignited confidence in the World Trade Organisation, whose 9th Ministerial Conference in Bali adopted a package of agreements which included agreements covering trade facilitation, food security, agriculture and other issues of interest to developing and least developed countries.

"The Bali agreements and in particular the agreement on trade facilitation represent a turning point for the WTO Doha Development Agenda and multilateralism," said Carrier.

 


The Peninsula




  MENA News Headlines
 Oct 25 2014 - Qatar's inflation rate to hit 5.5 percentMENAFN
(MENAFN) Qatar's inflation rate in 2014 is expected to touch 5.5 percent due to steady rise in housing rentals, according to the finding of a research conducted by Standard Chartered, The Peninsula ...

 Oct 25 2014 - Flydubai launches two flights to TanzaniaMENAFN
(MENAFN) Dubai-based flydubai's inaugural flights to Dar es Salaam and Zanzibar touched down in Tanzania. The new routes further underline flydubai's rapid expansion in Africa, which has seen the ...

 Oct 25 2014 - UAE air cargo to grow 4.1 percent in 5 yearsMENAFN
(MENAFN) The International Air Transport Association (IATA) Airline Industry Forecast 2014-2018 shows that international freight volumes are expected to increase at a compound annual growth rate ...

 Oct 25 2014 - Qatar- QSL: El Jaish face Al Gharafa todayThe Peninsula
(MENAFN - The Peninsula) Third-placed El Jaish will seek to narrow the gap between them and two higher placed rivals - Lekhwiya and Al Sadd € when they take on Al Gharafa in the ninth round match of ...

 Oct 25 2014 - Somalia- Mogadishu port on development pathThe Peninsula
(MENAFN - The Peninsula) Camels are prepared for export at the loading dock at the seaport in Mogadishu. The Somali government's grand vision for Mogadishu port under its new Turkish managers sees ...

 Oct 25 2014 - Saudi Shias protest death sentencesThe Peninsula
(MENAFN - The Peninsula) More than 100 people protested in eastern Saudi Arabia yesterday to oppose death sentences against a Shia religious leader and seven others convicted after earlier ...

 Oct 25 2014 - Palestine defies US, issues statehood ultimatumThe Peninsula
(MENAFN - The Peninsula) Palestine's chief peace negotiator has laid out in the clearest terms yet plans to establish an independent Palestinian state within three years, even if it means ignoring ...

 Oct 25 2014 - Police kill six militants ahead of key Tunisian pollThe Peninsula
(MENAFN - The Peninsula) Tunisian police killed six suspected militants, five of them women, in a raid on a suburban house yesterday after a 28-hour standoff, fanning tensions ahead of a landmark ...

 Oct 25 2014 - US looking into possible chlorine gas attack in Iraq: KerryThe Peninsula
(MENAFN - The Peninsula) The United States is looking into reports that Islamic State fighters used chlorine gas against Iraqi security forces, US Secretary of State John Kerry said yesterday.Kerry, ...

 Oct 25 2014 - Qatar- Ooredoo marathon offers QR1m prizesThe Peninsula
(MENAFN - The Peninsula) Registration for Ooredoo Doha Marathon 2015 is open, as the company begins preparations to ensure its biggest event yet on January 9.It will provide an opportunity to meet ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help