In a major shift in regional and global strategy, Qatar has launched the biggest 10-year platform on trade and investments in the Middle-East titled “Silk Road Exhibition (SRE 2019)” from 3rd-5th November 2019, to establish closer ties in investments, trade and diplomacy with China and the Belt and Road countries.
The shift comes after Qatar attended the 2nd Belt and Road Forum in April 2019 with a delegation consisting of Minister of Transport and Communications H E Jassim bin Saif Al Sulaiti and Minister of Commerce and Industry H E Ali bin Ahmed Al Kuwari. The same ministries have now launched SRE 2019 to host government delegates and businessmen from over 50 countries to diversify it's business and diplomatic interests in the region and integrate itself with China and BRI.
The Ministry of Transport and Communications (MOTC) and Qatar Chambers is aiming to enable invited countries to participate with all their trade, manufacturing, service and logistics sectors to meet under one roof to share experiences and investments; and close major business deals with Qatari enterprises and among themselves. According to the official Qatar 2030 strategy, there is a qualitative shift of Hamad Port and Logistics Area, and the future development plans require a lot of services that may be provided by the participating companies of the Belt and Road partners. “Qatar's position in the region helps it to play an important role in the Belt and Road Initiative, especially with its economic and geographical components,” said Gui Hanfeng, chairman of Global Economic Development Forum (GEDF), a global platform to bolster co-operation as well as economic, trade and cultural coordination among nations.
The statement assumes significance considering that the Qatar Chamber (QC) last year signed a memorandum of understanding with the China Council for the Promotion of International Trade to join the Silk Road Business Council. The presence of shipping lines between the two countries contributes to the growth of economic relations, and also supports investment opportunities between them, he said, adding the 2022 FIFA World Cup and the Qatar National Vision 2030 make it an ideal environment for attracting investment, which is expected to see progress and prosperity under these incentives.
The invited sectors on SRE include Customs Authorities, Investment Authorities, Shipping and transportation companies by sea, air and land, Logistics Services companies, Port construction and development companies, Dry Dock (Shipyards) Developers, Construction Companies, Insurance companies, Shipbuilders, Container Builders, Oil & Gas Tankers Builders. Land Freight Trains, Port Management companies, Industrial and Commercial products of countries located on the sea and air silk line, Navigation Technology Management, Navigation Universities and Training Institutes, Security and safety companies for Shipping Lines, International organizations and companies specialized in the same field, Consulting Companies, Cruise Ships, Navigation & Meteorological System, Cargo Packaging Equipment, Courier Express, Logistic Zone, Design and Construction of Warehouse Providers, Environmental and Pollution Control Technology and Manufacturing Companies.
The participating countries at SRE 2019 will include China, Pakistan, Turkey, India, Iran, Iraq, Japan, Korea, Oman, Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the UK.
SRE 2019 has also allocated a separate pavilion for Pakistan where it’s expecting a strong participation from the government and private enterprises due to its central role in the development of Belt and Road in South Asia through CPEC and it’s strong relevance to Qatari Vision 2030 due to historical close business and diplomatic ties.
Note: For any information regarding participation in SRE 2019, please feel free to get in touch at info@obortunity.org
Source: https://obortunity.org/
