Cairo: The State of Qatar participated in the 136th meeting of the Board of Directors of the Union of Arab Chambers (UAC) held in Cairo, Egypt. HE Qatar Chamber (QC) Chairman Sheikh Khalifa bin Jassim Al-Thani led the QC's delegation at the meeting.

According to Qatar News Agency, the UAC meeting covered several topics concerning joint Arab action and strategies to enhance trade and economic relations among Arab nations. The agenda items were also discussed in detail. The subsequent meeting of the UAC Board of Directors is slated to occur in Qatar, with the QC as the host.

HE Sheikh Khalifa bin Jassim underscored the meeting's significance as a crucial platform for promoting joint Arab action and unifying the efforts of the Arab private sector in addressing economic challenges at both regional and global levels. He emphasized the importance of bolstering Arab economic integration and developing cooperation mechanisms to support intra-Arab trade, stimulate joint investments, and enhance the competitiveness of Arab economies in the context of growing global economic blocs and rapid changes.

His Excellency noted the considerable attention that the Arab private sector is receiving from Arab governments, highlighting the importance of its active role in implementing economic initiatives. He stressed the need to create an attractive investment environment, strengthen partnerships among Arab businesspeople, and support economic diversification, which would positively impact growth rates and economic stability in Arab countries.

The QC Chairman also pointed out the necessity of strengthening the presence of Arab companies in regional and international markets through joint coordination, organizing trade missions, participating in international exhibitions, and leveraging existing economic agreements. He reaffirmed QC's commitment to supporting the efforts of the UAC and collaborating closely with member chambers to enhance economic cooperation and enable the Arab private sector to fulfill its expected role, achieving common interests and serving comprehensive development goals across the Arab region.