Conference for the ME economic future enriching opened in Doha
Regional-Qatar, Economics, 1/31/2006

Activities of the conference under the title of "enriching the economic future for the Middle East" which concentrated on main issues in the region including energy security and the advancing role for Asia in the oil market started on Monday in Doha, Qatar.

More than 250 experts, businessmen and international figures are taking part in Doha conference.

The first deputy for the Qatari foreign minister Sheikh Hamad Bin Jasem Bin Jabber al-Thani said in a speech he delivered at the inaugural session that energy storage in the Gulf region is very tremendous and is estimated at 70% of the world reserves and that oil reserves in it is estimated at half of the world's reserves.

He indicated that these sources constitute the decisive element for any targeted operation for social and economic development in the world and that achieving economic growth at the world level is linked to having access to these resources.

For his part, the former US president Bill Clinton, who is taking place in the conference, called for the need of providing success for the efforts to building Iraq and to establishing security and stability in the region and verifying income resources and developing educational systems and using high technology and getting women involved in the labor market.

The conference highlights in its two-day deliberations in morning and night sessions, several economic topics which are of concern to the region including the dynamism of energy in regional development from an Asian and Middle East perspective, the situation of energy in the Middle East from an international prospective, as well as trade environment in the Middle East.

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