Doha hosts trade and investment forum to enhance economic cooperation among southern countries

Doha forums for trade and investment was opened yesterday in collaboration with the G-77 countries and China and UNICTAD organization. The conference lasts for two days.

Qatar which hosts the current session for the 77th aims at reactivating an initiative strengthening co-operation among southern countries in a way to convene for the convening of the second south summit due to be held in Doha in 2005.

In statements, Qatar's minister of trade and commerce Muhammad Bin Ahmad Bin Jasem al-Thani expressed in press statements hoped that works of the conference will yield in positive results in the areas of trade and investment among the group's member states.

He said that the forum in which 1000 participants are expected will concentrate on following up results of UNICTAD 11th session declaration which was held in Brazil in June this year as well as supporting the negotiation potentials of the developing countries in the fields of trade and investments.

The Qatari minister explained that the forum will enhance the importance of measures stemmed from Doha meetings which are expected to be of positive incomes on co-operation between countries of the south in the field of trade and investments so as to reactivate sustainable cooperation among these states.

The conference which is held in Doha's Sheraton hotel is expected to conclude recommendations pertaining to cooperation between countries of the south in the fields of trade and investment.