Cairo: The State of Qatar actively participated in the Ministerial Meeting of the Economic and Social Council, convened in its regular 116th session at the prestigious headquarters of the General Secretariat of the Arab League, situated in the vibrant Arab Republic of Egypt. This high-level engagement underscores Qatar’s steadfast commitment to fostering robust economic and social cooperation within the Arab world and advancing collective strategies for sustainable development.
Dr. Saud bin Abdullah Al Attiyah, the esteemed Deputy Undersecretary for Economic Affairs at the Ministry of Finance, served as the distinguished representative of the State of Qatar at this pivotal gathering. His presence signified Qatar’s dedication to contributing meaningfully to the discussions and decisions that shape the economic and social landscape of the Arab region.
The agenda of this session encompassed a comprehensive array of critical items, reflecting the multifaceted challenges and opportunities facing Arab nations. Foremost among these was the examination of the economic and social file of the Council of the League of Arab States at the summit level (35), a matter of paramount importance for charting the future course of regional development. This file serves as a strategic roadmap, outlining key priorities and initiatives aimed at enhancing economic integration, promoting social progress, and improving the overall well-being of Arab citizens.
The session also delved into the latest developments pertaining to the Greater Arab Free Trade Area (GAFTA), a cornerstone of regional economic integration. GAFTA aims to eliminate trade barriers among Arab countries, fostering increased trade flows, attracting foreign investment, and stimulating economic growth. The discussions focused on addressing remaining challenges and identifying opportunities to further strengthen GAFTA’s effectiveness in promoting intra-Arab trade and investment.
Furthermore, the meeting addressed the progress achieved on the Arab Customs Union, a vital initiative designed to harmonize customs procedures and regulations across Arab countries. The establishment of a unified customs union would significantly reduce transaction costs, facilitate trade, and enhance the competitiveness of Arab businesses in the global market. The discussions centered on overcoming technical and logistical hurdles to accelerate the implementation of the Arab Customs Union.
Recognizing the crucial role of small and medium-sized enterprises (SMEs) in driving economic growth and job creation, the session dedicated attention to the Arab platform for SMEs. This platform serves as a valuable resource for Arab entrepreneurs, providing access to information, training, financing, and networking opportunities. The discussions explored ways to enhance the platform’s effectiveness in supporting the growth and development of SMEs across the Arab region.
The meeting also underscored the unwavering commitment of Arab nations to supporting the Palestinian economy, which faces numerous challenges due to the ongoing conflict and occupation. The discussions focused on identifying concrete measures to promote economic development in Palestine, create jobs, and improve the living conditions of the Palestinian people. Arab countries reaffirmed their solidarity with the Palestinian cause and their determination to provide continued assistance.
In preparation for the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank, the session addressed the formulation of a unified Arab statement. This statement will articulate the collective priorities and concerns of Arab countries on issues related to global economic governance, financial stability, and development finance. The discussions aimed to ensure that the Arab voice is effectively heard in these important international forums.
The session also addressed matters related to Arab organizations and institutions of joint Arab action, which play a vital role in promoting cooperation and coordination across various sectors. The discussions focused on strengthening the effectiveness and efficiency of these organizations, ensuring that they are well-equipped to address the evolving challenges facing the Arab region.
Recognizing the importance of attracting investment to Arab countries, the session dedicated attention to promoting investment opportunities and improving the investment climate. The discussions explored ways to reduce regulatory barriers, enhance transparency, and create a more favorable environment for both domestic and foreign investment.
Sustainable development was a central theme of the session, reflecting the growing recognition of the need to balance economic growth with environmental protection and social equity. The discussions focused on implementing the Sustainable Development Goals (SDGs) in the Arab region, promoting renewable energy, and addressing climate change.
The session also included a follow-up on the implementation of the resolutions from the 115th session of the Economic and Social Council, ensuring that progress is being made on previously agreed-upon initiatives. This follow-up mechanism is essential for maintaining momentum and ensuring accountability in the implementation of regional policies.
In addition to these key items, the agenda also included a range of other economic and social topics, reflecting the diverse challenges and opportunities facing Arab countries. These topics included issues related to poverty reduction, education, healthcare, and social inclusion.
Qatar’s active participation in this session underscores its unwavering commitment to strengthening joint Arab economic and social cooperation, supporting efforts aimed at achieving sustainable development, and deepening integration among Arab countries across various areas of mutual interest. Qatar believes that by working together, Arab nations can overcome the challenges they face and build a brighter future for their citizens.
Qatar’s dedication to regional collaboration extends beyond its participation in meetings and discussions. The country has consistently demonstrated its commitment to supporting Arab economic and social development through various initiatives and programs. Qatar has provided significant financial assistance to Arab countries in need, supported regional infrastructure projects, and promoted educational and cultural exchange programs.
Qatar’s leadership recognizes that a strong and prosperous Arab region is essential for its own security and stability. The country is committed to working with its Arab partners to build a more integrated, resilient, and prosperous region.
The 116th session of the Arab Economic and Social Council provided a valuable platform for Arab countries to exchange ideas, share experiences, and coordinate their efforts to address common challenges. Qatar’s active participation in this session reflects its commitment to playing a constructive role in shaping the future of the Arab region.
The outcomes of this session are expected to have a significant impact on the economic and social development of the Arab region. The decisions made by the Council will guide the policies and programs of Arab governments and organizations in the years to come. Qatar is committed to working with its Arab partners to implement these decisions and achieve the shared goals of sustainable development and regional integration.
In conclusion, Qatar’s participation in the 116th Session of the Arab Economic and Social Council in Cairo demonstrates its unwavering commitment to strengthening joint Arab economic and social cooperation, supporting efforts aimed at achieving sustainable development, and deepening integration among Arab countries. Qatar believes that by working together, Arab nations can overcome the challenges they face and build a brighter future for their citizens. The country’s active engagement in regional initiatives and its commitment to providing assistance to Arab countries in need underscore its dedication to fostering a strong, prosperous, and resilient Arab region.