Qatar's Support for Enhancing Economic Cooperation Among Islamic Countries

By A Robin - October 20, 2024

Qatar Chamber 37th meeting of the Board of Directors

Chairman of Qatar Chamber, HE Sheikh Khalifa bin Jassim Al-Thani led the Chamber's delegation participating in the 37th meeting of the Board of Directors, the 40th meeting of the General Assembly, and the 3rd meeting of the Executive Committee of the Islamic Chamber of Commerce and Development (ICCD), held recently in Istanbul.

The Chamber's delegation included board members Dr Mohamed bin Jawahar Al Mohamed, Abdulrahman Abduljaleel Al Abdulghani, and Abdulla bin Mohamed Al Emadi.

These meetings focused on economic and commercial relations among Islamic countries and means to enhance them, The agenda of the Board of Directors meeting included several topics, such as proposals to establish a specialized institution for women's economic empowerment and an institution for entrepreneurship. It also reviewed a proposal regarding the Islamic Chamber's membership as a general observer in the United Nations Conference on Trade and Development (UNCTAD), along with the objectives and features of the halal strategy.

In his statements, HE Sheikh Khalifa bin Jassim Al-Thani praised the ICCD's key role in fostering economic and trading cooperation among Islamic countries, emphasizing that these countries are rich in natural and human resources. He underscored the State of Qatar's support for efforts aimed at enhancing economic cooperation among Islamic countries, noting that by establishing strong partnerships and developing effective trade agreements, these countries can improve their competitiveness in global markets.

He pointed out that concerted efforts in this regard not only contribute to economic growth but also strengthen cultural and social ties between these nations, bringing mutual benefits to their peoples.
HE Sheikh Khalifa also affirmed Qatar Chamber's support for all efforts to strengthen cooperation among member chambers to increase Islamic intra-trade, which remains below expectations.

(QNA)