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The US Chamber of Commerce is bullish on US-Qatar commercial relationship reaching new heights.Khush Choksy, Senior Vice-President of the Chamber for Middle East, Central Asia and Türkiye, was in Qatar recently and held several meetings with key stakeholders in the public and private sectors, including the Minister of Finance, the Minister of ICT, Deputy Governor of the Central Bank, the CEO of the Qatar Financial Center, and leadership of the Qatar Chamber of Commerce and the USQBC Doha. He said that in the energy, tech, financial, health care, transport, and tourism sectors significant growth will take place with US businesses actively engaged.The US Chamber continues to highlight Qatar’s role as a hub for American investment in energy and technology. He emphasised that LNG expansion remains a major draw, with US firms closely watching opportunities in the North Field.“They’re all very interested in the expansion of the North Field. That’s going to be very big,” Choksy pointed out.On the technology side, the US Chamber’s affiliates in the region (AmCham MENA) participated in the recently concluded Web Summit Qatar to connect American companies with Qatari counterparts. Choksy said the event showcased the scale of US participation, with many American company booths drawing large crowds.Choksy praised Qatar’s low-cost energy, fibre connectivity, and policy frameworks, saying these have created a strong platform for US tech firms. Choksy pointed to the technology framework introduced several years ago as a turning point: “You have the energy, low-cost energy. You have the nodes and the fiber coming in. But most importantly...the whole ICT framework that Qatar put in place.”He also hailed Qatar’s ability to leverage sports infrastructure for broader economic growth. “Following the 2022 FIFA World Cup, visitor numbers surged from 2.7mn in 2022 to 6mn in 2025. They’ve really leveraged upon the World Cup and the presence and the infrastructure to grow,” Choksy stressed.Beyond energy and technology, Choksy emphasised that critical minerals are becoming a new area of cooperation, citing Qatar as the eighth Pax Silica signatory. He also said the US Chamber is strengthening institutional linkages in Doha, citing the US-Qatar Business Council Doha (USQBC Doha) as its formal partner.“Additionally we are really looking at third-country co-operation with the US, Qatar, and Syria, and we hope to organise a dedicated session on this during the upcoming Qatar Economic Forum,” Choksy told *Gulf Times.Choksy noted that partnerships are already emerging, adding: “We think that there’s a perfect match between American companies, large Qatari private sector enterprises, and Syrian businesses.” 

The US-Qatar Business Council – Doha (USQBC Doha) hosted a welcome reception for the visiting US Chamber of Commerce (USCC) delegation, bringing together senior representatives from the public and private sectors to mark the continued strength of US–Qatar commercial ties.The reception provided an opportunity for key stakeholders from the public and private sectors to connect and reaffirm the importance of sustained engagement across the US-Qatar economic corridor. The gathering reflected the shared commitment of USQBC Doha and the USCC to fostering constructive dialogue, strengthening institutional relationships, and supporting a favourable environment for bilateral trade and investment.Held against the backdrop of Qatar’s recent accession to Pax Silica, the event highlighted the evolving scope of US–Qatar economic co-operation across both established and emerging industries.USQBC Doha continues to serve as a platform for economic diplomacy, private sector engagement, and investment facilitation, supporting initiatives that align commercial opportunity with national development priorities in both countries.“USQBC Doha is pleased to welcome the US Chamber delegation to Qatar at a time of strong momentum in our bilateral economic relationship,” said Sheikha Mayes Hamad al-Thani, managing director of USQBC Doha.“The US Chamber of Commerce is a valued strategic partner in advancing private-sector collaboration between our two countries. Through our close co-operation, we aim to strengthen institutional linkages, support business-to-business engagement, and help translate the depth of the US-Qatar relationship into tangible, long-term commercial partnerships across priority sectors,” she said.The event drew participation from a broad cross-section of stakeholders, underscoring the importance of co-ordinated engagement between the public and private sectors in advancing shared economic objectives.“The US-Qatar commercial relationship continues to thrive, driven by shared values, mutual interests, and a commitment to fostering innovation and growth,” said Khush Choksy, senior vice-president for Middle East, Central Asia, and Turkiye, and senior vice-president for International Member Relations at the USCC.“This event underscores the importance of sustained collaboration between our public and private sectors, and we are proud to work alongside USQBC Doha to deepen ties, unlock new opportunities, and support the long-term prosperity of both our nations,” he added.The reception forms part of USQBC Doha’s broader mission to advance economic diplomacy, facilitate market access, support high-impact partnerships, and lead strategic engagement that translates US–Qatar economic co-operation into sustainable commercial outcomes and long-term growth for both economies.USQBC Doha is a strategic platform for advancing bilateral commercial engagement between the US and Qatar. Positioned at the intersection of business, policy, and investment, USQBC Doha enables cross-border collaboration by providing institutional access, market intelligence, and targeted facilitation to stakeholders operating across high-impact sectors.The council engages stakeholders through strategic dialogue, institutional partnerships, and sector-specific initiatives that align with national development goals and evolving market needs.USQBC Doha contributes to the advancement of the US-Qatar economic relationship by facilitating impactful collaboration, promoting sustainable private sector growth, and enabling innovation across key industries.The USCC is the world’s largest business organisation. Its members range from the small businesses and chambers of commerce across the country that support their communities, to the leading industry associations and global corporations that innovate and solve for the world’s challenges, to the emerging and fast-growing industries that are shaping the future. The US Chamber’s International Division is the cornerstone of its global advocacy efforts, representing the interests of American businesses in markets worldwide. With a team of over 70 regional and policy experts, the division leads initiatives across more than 25 country- and region-specific business councils and programmes, including Qatar, to promote global trade and investment. 

Legal Perspective To promote international trade, there is a great need for financial guarantees to support exports and imports. In this respect, the International Chamber of Commerce’s (ICC) “Uniform Rules for Demand Guarantees” (URDG 758) and the United Nations Convention on Independent Guarantees and Standby Letters of Credit (ISDGP) are both giving international guidelines for guarantees. The UN endorsed the “URDG 758” in 2011 to promote a kind of clarity, predictability, sustainability and great harmonisation in international trade. Both are relating to guarantees, one for "demand" guarantees whereas the other for "independent" guarantees. While the URDG 758 rules have been developed and published by the ICC with the intention to promote and to specify rules for "demand" guarantees, needed for international trade purposes. With this understanding in mind, we say that the UN Convention is intended as an international convention for "independent" guarantees and standby letters of credit. To explain more, we take the opportunity to highlight some features of the URDG and the UN Convention. The URDG 758 rules govern demand guarantees, which are forms of financial security used in international trade to ensure performance or payment. The current edition, URDG 758, came into force on 2010. The UN endorsed the URDG 758 in 2011 with the aim of harmonising international trade law and at the same time to remove all legal obstacles to enhance international trade. The URDG 758 mainly aims to provide clarity, precision, and predictability in demand guarantee practices. Regarding the ISDGP, we can say that, this is an international convention created by the UN Commission on International Trade Law (UNCITRAL). The Convention, provides a legal framework for independent guarantees and standby letters of credit, which are also common in international trade frequent transactions. The UN Convention and the URDG often cover similar areas and are sometimes used in conjunction or in comparison to one another; the two resemble the two sides of the coin. Harmonisation is taken as a relationship and significance to both, the URDG and the UN Convention enable them to work towards harmonising trade practices and laws related to guarantees in their different shapes. The UN's endorsement of the URDG 758 signifies the clear support of the international community for these rules and their role in modernising trade. With reference to application, it is left for the parties to a guarantee who can choose which rules to apply. For the URDG, important to say, the guarantee itself expressly indicates it is subject to the URDG and for them to be applicable. The United Nations Convention on Independent Guarantees and Standby Letters as UCP and URDG are issued with the aim of developing different international trade relations. The UNICITRAL and the UN endorses ICC Demand Guarantee Rules the “URDG 758, and this endorsement reinforces the ICC mandate of removing legal different obstacles to international trade by actively and progressively modernising procedures and enhancing relative laws and regulations. International trade, deserves all support to promote international ties and peaceful relations between all parts of the world. An “independent” guarantee, like a “demand guarantee”, creates a primary direct obligation for the guarantor, separate from the underlying contract and requires payment upon presentation of a demand. The key difference is that a demand guarantee is a specific type of independent guarantee, where the payment is triggered by a simple written demand by the beneficiary, regardless of the underlying contract's performance. In contrast, other independent guarantees may have more specific conditions for payment that are tied to the main agreement. Dr AbdelGadir Warsama Ghalib is a corporate legal counsel. Email: [email protected]

Qatar Chamber recently participated in the 39th meeting of the board of directors of the Islamic Chamber of Commerce and Development (ICCD) and the ‘Invest in the Digital Economy Forum’, held in Amman, Jordan.The events came as part of the Islamic Chamber’s ongoing efforts to strengthen economic integration and advance the Islamic business sector globally.Qatar Chamber’s delegation included board members Dr Mohammed bin Jawhar al-Mohammad, Abdul Rahman bin Abdul Jalil al-Abdul Ghani, and Abdullah bin Mohammed al-Emadi.The meeting discussed mechanisms to foster economic co-operation among Islamic countries, facilitate the exchange of expertise, and support joint development projects.During the meeting, heads and representatives of chambers and unions from 16 Islamic countries, together with leading economic experts and decision-makers, reviewed the progress of the Islamic Chamber’s projects and initiatives, which aim to empower private sector organisations and support Muslim businesses in non-Islamic countries.It also reviewed the action plan prepared by the general secretariat, based on a study submitted by Qatar Chamber at the previous meeting. The study included three comparative analytical reports assessing the organisation’s performance against similar institutional models, alongside a set of proposals outlining the organisation’s future role and potential directions in the coming phase.Speaking at the meeting, al-Mohammad condemned the brutal attack on Qatar by the Zionist entity, emphasising that it occurred at a time when Qatar was actively seeking to promote peace and explore all avenues for a peaceful resolution in Gaza.He added that this attack on Qatar, as well as on other Arab and Islamic countries, calls for a reassessment of strategies and a reformulation of approaches within the framework of the Islamic Chamber, which represents the Islamic economy across 57 countries and advocates on behalf of the economic interests of the Muslim world.Al-Mohammad underscored the ICCD’s pivotal role in enhancing co-ordination among its member chambers and ensuring their active participation in international forums. He also highlighted the importance of encouraging chambers to collaborate, support initiatives launched by individual members, and motivate others to join these efforts.In this context, he pointed to the Jordan Chamber’s initiative in the digital field, emphasising that it should be supported as a successful model. Al-Mohammad also stressed the importance of establishing joint economic entities that serve the private sector and Islamic countries and societies, establishing Islamic banks with contributions from member chambers, and launching insurance companies, educational, health, and technical companies, as well as contracting and construction projects.During the meeting, Abdullah Saleh Kamel was re-elected by acclamation as president of the Islamic Chamber for a new term (2026-2030). The meeting further reviewed an update of the Palestine Initiative, launched by the Islamic Chamber during the 39th General Assembly in Qatar.The initiative aims to support SMEs in Palestine, empower youth to work remotely, and provide job opportunities with various companies and organisations worldwide through digital economy tools. It also seeks to enhance skills across multiple fields through targeted training, thereby contributing to Palestine’s integration into the global market and the development of a strong and resilient national economy despite existing challenges.

The Qatari Businesswomen Association (QBWA) has signed a Memorandum of Understanding (MoU) with the Oman Chamber of Commerce and Industry, represented by its Businesswomen Committee, during the symposium on ‘Leadership and Management Development’ held in Muscat.The event was held under the patronage of Sayyid Loay bin Ghalib al-Said and aimed to enhance the capacities of women professionals and empower them to lead the future with confidence and competence.This collaboration reflects QBWA’s ongoing commitment to strengthening the capabilities of women entrepreneurs and supporting them in transforming challenges into investment and development opportunities through the cultivation of confident, future-oriented female leadership.As part of the symposium, Aisha Hussain Alfardan, vice-chairwoman of QBWA, delivered a keynote presentation titled ‘Personal Empowerment, Internal Transformation, and Self-Leadership’. In her remarks, she emphasised that true strength begins from within, and that self-leadership and internal transformation are essential foundations for any form of sustainable development be it at the individual, societal, or national level.Alfardan shared her personal and professional journey, which led her to firmly believe that authentic empowerment starts with self-belief. She noted that the moment a woman realises her potential is the moment she becomes a catalyst for change and progress.She also underscored that empowering women to make decisions and access equal opportunities in the workplace enhances their capacity to lead transformative change.She expressed her pride in sharing her perspective and experience on self-empowerment and leadership, affirming that these elements are the foundation of sustainable leadership. Her work with QBWA, she noted, is a living example of how self-leadership can drive meaningful social impact.Alfardan also participated in a high-level panel discussion titled ‘Inspiring Leadership in a Rapidly Changing World: Between Empowerment and Crisis Management’. The session explored how inspirational leadership shapes workplace environments, how leadership principles translate under pressure, and how institutional leaders can empower teams and foster a culture of innovation.Joining Alfardan on the panel were Ayman bin Hamad al-Busaidi, vice-chairman of SABCO Group; Dr Aflah bin Said al-Hadhrami, general manager at Petroleum Development Oman; and Swati Mandela, president of the Mandela Institute for Humanity.The discussion examined the role of leadership in balancing empowerment with crisis management, with a focus on nurturing women's leadership capabilities and addressing the unique challenges they face in Arab societies.The symposium featured an interactive dialogue titled ‘Challenges and Opportunities in a Changing World’, where Dr Amer Bin Awad al-Rawas, chairman of the Concordia Group, discussed the challenges facing business leaders amid regional and international shifts, explored the opportunities emerging from current economic transformations, and addressed strategies for balancing challenges and opportunities to enhance business sustainability.The symposium concluded with the official MoU signing between Alfardan and Areej Bint Mohsin al-Zaabi, chairwoman of the Businesswomen Committee at the Oman Chamber of Commerce and Industry.The MoU aims to enhance economic, commercial, and investment co-operation between Qatar and Oman and to facilitate investment processes in both directions. It reaffirms both parties’ commitment to exchanging expertise, supporting women’s empowerment efforts, and highlighting the pivotal role women play in driving economic growth and entrepreneurship.Commenting on the occasion, Alfardan stated: “At the Qatari Businesswomen Association, we firmly believe that strategic regional partnerships, such as this agreement with the Businesswomen Committee in the Oman Chamber of Commerce and Industry, lay the foundation for enhancing trade and investment between our countries. Women’s empowerment is not achieved through awareness alone, but through building sustainable ecosystems that translate into tangible opportunities on the ground.”From her side, al-Zaabi said: “Signing this MoU with the Qatari Businesswomen Association represents a significant step toward unifying Gulf efforts to support women entrepreneurs and enhance knowledge and trade exchange between Omani and Qatari women. We believe that joint cooperation is the key to fostering a culture of innovation, competitiveness, and meaningful participation of women in economic development.”The initiative reflects QBWA’s dedication to establishing a comprehensive platform for empowering women and enhancing their social and economic presence. It is part of a broader strategy to expand the association’s local, regional, and international impact by forging partnerships with institutions that share its mission to elevate women’s status across all sectors.