Doha: The State of Qatar has achieved a great success in the World Trade Organisation review with regard to its economic and trade policies. It answered over 200 questions aimed at assessing the extent of its commitment to implement the requirements of the conventions and rules of the organisation.
Member states commended the answers provided by the delegation of Qatar, including clarifications related to the strategy of national development for Qatar 2011-2016 within the framework of Qatar Vision 2030. They also acknowledged the report prepared by Qatar in the context of this review, which allowed the member states of WTO to have broader understanding of the Qatari economy and other trade-related policies, in addition to the challenges it faces.
In the final statement of the meeting on the Trade Policy Review of the State of Qatar, Ambassador Joachim Reiter, Chair of the WTO Trade Policy Review said that the discussions and exchange of views among member states had contributed significantly to further deepening understanding. He also praised the Qatari high-level delegation headed by H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani, the Minister of Economy and Trade, terming the Qatari report as a valuable reference for the organisation.”
The members also commended the high economic growth rates and low unemployment rate and low inflation rate as well as several other enormous economic achievements made by Qatar during the past few years.
They also welcomed the efforts made by Qatar to diversify its economy and the lack of direct dependence on oil and gas, in addition to its efforts to ensure justice between generations, especially with regard to the best use of non-renewable resources through establishing projects the health, education and infrastructure sectors.
They also praised measures taken by Qatar to facilitate customs procedures and the establishment of an integrated single window system with the relevant authorities to simplify the registration procedures of trade in order to improve the business environment and investment promotion. QNA
