Qatar, Saudi ministers review economic ties

HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani yesterday met in Riyadh with Saudi Minister of Economy and Planning Adel bin Mohamed al-Faqih.
During the meeting they discussed co-operation between the two countries and means of developing them as well as the exchange of expertise for the benefit of the two countries particularly in the economic sector.
The accompanying Qatari delegation made a presentation on the macro economic analysis of the Qatari economy. The first phase of the project was carried out by the ministry last year which is viewed as pioneering.
Later, Qatar’s experience in public-private sector partnership and the ministry’s efforts in investment promotion in different sectors were also reviewed.
HE the Minister of Economy and Commerce explained that such meetings assume significance as they seek to exchange expertise of the two countries.
Such meetings are also useful in reviewing the experiences, challenges and solutions, he said adding the region is witnessing challenging times which require exerted efforts to find effective and long-term solutions.
The Saudi side praised Qatar’s presentations and underlined the importance of exchanging experiences in the economic field for the good of the two brotherly countries.
After the presentation by the Qatari delegation, the Saudi side made a general presentation on the ministry and the programmes of its affiliated centres.
A delegation from the Ministry of Economy and Commerce received an invitation from Saudi Arabia to review the joint experiences of the two countries and to exchange expertise in the different fields such as trade, economy, consumer protection, and means of enhancing mutual co-operation.