Qatar Chamber took part in the 129th session of the Council of the Union of Arab Chambers held on Monday in Muscat, Oman.
The meeting discussed ways to develop trade and investment relations between Arab countries, and mechanisms to strengthen economic relations to improve the performance of the private sector in member countries.
The meeting discussed several topics, including the activities of the union this year, in addition to organising a transportation and logistics conference in the Arab world, the 7th Arab Conference for Investment in Food Security, and the symposium of general managers and executive officers of the Arab chambers.
Qatar Chamber chairman Sheikh Khalifa bin Jassim bin Mohamed al-Thani said the Council of the Union of Arab Chambers discussed the outcomes of the meeting held in Kuwait in January on the ‘Electronic Arab Market’.
Sheikh Khalifa, who chaired the chamber's delegation, noted that the joint electronic Arab market aims to link all Arab chambers electronically, as well as to link businessmen and importing and exporting companies. He affirmed that the project would help develop and boost intra-Arab trade, which is estimated at only 13% of the total Arab trade volume.
He expressed interest to support all efforts for developing joint Arab action, noting that Qatar Chamber is seeking to cooperate with Arab chambers to enhance trade cooperation among member countries with the aim of increasing trade exchange and achieving integration among Arab chambers.
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