2025-10-30
Sheikh Khalifa Calls for Unified Vision To Enhance Gulf Economic Diversification
Qatar Chamber recently participated in the 67th board of directors meeting of the Federation of Chambers of the Gulf Co-operation Council (FGCCC) and the 14th consultative meeting between the ministers of commerce and industry and the presidents of the unions and member chambers of the GCC, which concluded yesterday in Kuwait.
Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani led Qatar’s delegation, which included Rashid bin Hamad al-Athba, second vice-chairman, and board members Mohamed bin Mahdi al-Ahbabi, Ali bin Abdul Latif al-Misnad, and Nasser bin Sulaiman al-Haider, including acting general manager Ali Saeed Bu Sherbak al-Mansouri.
The consultative meeting addressed several topics related to strengthening cooperation in the commercial and industrial sectors among the Gulf countries.
Meanwhile, the FGCCC board meeting discussed a range of economic issues aimed at promoting joint Gulf action and achieving greater economic integration among member states. Discussions also focused on enhancing intra-Gulf trade and facilitating mutual investments.
The agenda included a review of the activities of the federation’s general secretariat for 2026, and a presentation on the membership and working mechanisms of the sectoral committees. The meeting also featured a review of the estimated budget for 2026 and the launch of the general secretariat’s new logo.
Sheikh Khalifa emphasised the importance of the Gulf partnership in achieving sustainable economic development. He noted that the rapid global economic transformations and the growing competition for resources and opportunities necessitate adopting co-operation as a strategic choice.
“Such cooperation,” he said, “would enhance the ability of GCC states to confront shared challenges, build more diversified and resilient economies, and open new horizons for growth and investment.”
He stressed that co-ordinating economic and trade policies among Gulf countries is “a vital step” toward eliminating barriers to intra-GCC trade, thereby improving the business environment, strengthening joint achievements, and expanding economic opportunities across the region.
Sheikh Khalifa underscored the need to work towards a unified economic vision that promotes diversification, fosters innovation, and supports a knowledge-based economy. He further highlighted the importance of developing an investment-friendly legislative framework across various sectors and harnessing the potential of Gulf youth to strengthen their role in driving economic growth.
Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani led Qatar’s delegation, which included Rashid bin Hamad al-Athba, second vice-chairman, and board members Mohamed bin Mahdi al-Ahbabi, Ali bin Abdul Latif al-Misnad, and Nasser bin Sulaiman al-Haider, including acting general manager Ali Saeed Bu Sherbak al-Mansouri.
The consultative meeting addressed several topics related to strengthening cooperation in the commercial and industrial sectors among the Gulf countries.
Meanwhile, the FGCCC board meeting discussed a range of economic issues aimed at promoting joint Gulf action and achieving greater economic integration among member states. Discussions also focused on enhancing intra-Gulf trade and facilitating mutual investments.
The agenda included a review of the activities of the federation’s general secretariat for 2026, and a presentation on the membership and working mechanisms of the sectoral committees. The meeting also featured a review of the estimated budget for 2026 and the launch of the general secretariat’s new logo.
Sheikh Khalifa emphasised the importance of the Gulf partnership in achieving sustainable economic development. He noted that the rapid global economic transformations and the growing competition for resources and opportunities necessitate adopting co-operation as a strategic choice.
“Such cooperation,” he said, “would enhance the ability of GCC states to confront shared challenges, build more diversified and resilient economies, and open new horizons for growth and investment.”
He stressed that co-ordinating economic and trade policies among Gulf countries is “a vital step” toward eliminating barriers to intra-GCC trade, thereby improving the business environment, strengthening joint achievements, and expanding economic opportunities across the region.
Sheikh Khalifa underscored the need to work towards a unified economic vision that promotes diversification, fosters innovation, and supports a knowledge-based economy. He further highlighted the importance of developing an investment-friendly legislative framework across various sectors and harnessing the potential of Gulf youth to strengthen their role in driving economic growth.
Source: GULF TIMES