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Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani led a delegation that participated in the 136th Union of Arab Chambers (UAC) board of directors meeting held in Cairo, Egypt.Qatar Chamber board members Mohamed bin Ahmed al-Obaidli and Rashid bin Nasser al-Kaabi also attended the meeting, which discussed several topics on joint Arab action and ways to enhance trade and economic relations among Arab countries, in addition to the items on the agenda. The participants agreed to hold the next meeting in Doha, hosted by Qatar Chamber.In a statement, Sheikh Khalifa described the meeting as a pivotal platform for enhancing joint Arab action and unifying the efforts of the Arab private sector in addressing regional and global economic challenges.He also emphasised the need to strengthen Arab economic integration and develop co-operation mechanisms, which would contribute to supporting intra-Arab trade, stimulating joint investments, and raising the competitiveness of Arab economies, especially in light of the growth of global economic blocs and the rapid changes they impose.Sheikh Khalifa highlighted that the Arab private sector is receiving considerable attention from the governments, underscoring the importance of enhancing its role in implementing economic initiatives, fostering an attractive investment environment, strengthening partnerships among Arab businesspeople, and supporting economic diversification, which in turn positively impacts growth rates and economic stability in Arab countries.He highlighted the importance of strengthening the presence of Arab companies in regional and international markets through joint co-ordination, organising trade missions, participating in international exhibitions, and benefiting from existing economic agreements.Sheikh Khalifa also emphasised the Qatar Chamber’s commitment to continuing its support for the UAC's efforts and working closely with member chambers to foster economic cooperation and enable the Arab private sector to play its anticipated role in a manner that achieves common interests and serves comprehensive development goals across the Arab region. 

US President Donald Trump affirmed the strength of relations between his country and South Korea, noting that Seoul is a valued friend and ally of Washington. Trump made this statement during the Asia-Pacific Economic Cooperation (APEC) CEO Summit, held in Gyeongju, South Korea.The US president indicated that a trade agreement with South Korea would be finalized very soon, amid reports that negotiations over the details of the agreement had reached an impasse.For his part, South Korean President Lee Jae Myung asked his US counterpart to allow South Korea access to fuel for its nuclear-powered submarines and pledged to increase defense spending to bolster the country's military capabilities.The South Korean president made these remarks at the start of their summit talks in Gyeongju, southeast of Seoul, where Seoul is seeking to amend the bilateral nuclear energy agreement with Washington to gain greater flexibility in reprocessing spent nuclear fuel and uranium enrichment.The visit marks the US President's first trip to South Korea during his second term in office. The two-day state visit began today as the President arrived in the South Korean city of Busan.