H.E. the Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman Al-Thani inaugurated Wednesday the State of Qatar's pavilion participating in the 24th St. Petersburg International Economic Forum, taking place from June 2-5 in the Russian Federation.

The inauguration ceremony was attended by H.E. Minister of Transport and Communication Jassim bin Saif Al Sulaiti, H.E. Minister of Commerce and Industry and Acting Minister of Finance Ali bin Ahmed Al Kuwari, H.E. Minister of State for Energy Affairs Eng. Ali bin Sherida Al Kaabi.

H.E. the Deputy Prime Minister and Minister of Foreign Affairs said in a speech to mark the occasion that the State of Qatar's strong participation in the conference was a result of its understanding of the importance of bilateral cooperation with the Russian Federation, noting that it has seen marked development in recent years in the political, economic, commercial, investment, cultural, and sports field. His Excellency added that Qatar was confident in the strength of the Russian economy, and looks forward to strengthening cooperation and increasing bilateral trade volume.

The Deputy Prime Minister and Minister of Foreign Affairs @MBA_AlThani_ Inaugurates Qatar's Pavilion at St. Petersburg International Economic Forumhttps://t.co/qAlbfdOmfI#MOFAQatar pic.twitter.com/XBqNaHxBCB

— MOFA - Qatar (@MofaQatar_EN) June 2, 2021

His Excellency said that the State of Qatar's delegation includes public and private institutions, in addition to Qatari companies that will be very active in holding meetings, events, and signing dozens of deals. His Excellency also said that there will be cultural events that involve traditional Qatari arts, which will help visitors get to know more about the Qatari people, expressing his delight at being present in the historic city of St. Petersburg. His Excellency added that he was present with a high-level delegation to the conference, which has become an important platform for enhancing commercial and economic ties between countries.

His Excellency expressed his thanks to the Russian government and the conference's organizers for their keenness to have the State of Qatar participate this year as a guest country. He also thanked the Russian people for their hospitability. His Excellency expressed his hope that representatives of the Qatari and Russian business sector will reach good agreements and place plans for future cooperation.

Following the inauguration, H.E. the Deputy Prime Minister and Minister of Foreign Affairs accompanied by H.E. Minister of Commerce and Industry and Acting Minister of Finance and the Russian Deputy Prime Minister Alexander Novak toured the Qatari pavilion and were presented with the most prominent Qatari developmental landmarks, in addition to getting to know the biggest projects in the country.

Afterwards, His Excellency visited the conference's other pavilions and got to know about the different investment opportunities offered by the Russian government in the conference, in addition to being briefed on the major public and private institutions in the country's different economic sectors.

The participation of the State of Qatar in the forum aims to shed light on the Qatari economy and its leading position at the regional and international levels and to introduce the attractive investment environment that the State of Qatar provides to businessmen and investors from all over the world. The participation also aims to showcase the most prominent incentives, advantages and initiatives launched in order to support the private sector and enhance the competitiveness and diversification of the Qatari economy in line with the Qatar National Vision 2030. It also comes in the framework of strengthening the distinguished bilateral relations between the State of Qatar and the Russian Federation.

The pavilion of the State of Qatar includes several government agencies, including the Ministry of Commerce and Industry, the Ministry of Finance, the Qatar Chamber of Commerce and Industry, the Russian-Qatari Business Council, the Qatar Development Bank, the Qatar Financial Center, the Qatar Investment Authority, the Investment Promotion Agency and the Free Zones Authority, and Ooredoo, Qatar Airways, Qatar National Tourism Council, the Supreme Committee for Delivery and Legacy, Qatar Science and Technology Park, Qatar University, Center for Sustainable Development - College of Arts and Sciences, and Hamad Bin Khalifa University.

Qatar is participating as this year's guest country. The country's delegation has representatives from more than 50 Qatar institutions, in addition to ranking officials and business personalities. The pavilion of the State of Qatar will host a number of events, forums, dialogue sessions, round table discussions and bilateral meetings. These events will cover a number of topics such as the innovative ecological systems in Qatar and Russia, the economic and social impact of sports, job opportunities provided by the World Cup Qatar 2022, world innovation and health, Qatari-Russian cultural dialogue, the relationship between West Asia and North Africa, among many other topics.

The St. Petersburg International Economic Forum was launched in 1997 and is considered an important global platform for policymakers, economy experts, and major corporate executives from all over the globe to meet.

There will be more than 130-panel discussions during the event that cover a wide variety of topics related to the development of different economic sectors.

Source: Ministry of Foreign Affairs Qatar

Cover image: SPIEF

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