Emir of Qatar is convinced of the high potential of the Russian economy

04 June 2021

Tamim bin Hamad Al-Thani also called the SPIEF "an important international economic event" and "an example for the entire international community to put forward initiatives that foster a favorable environment for regional and global economic growth and investment and develop effective solutions to common economic problems."


"Qatar is proud of its strong historical relationship with Russia. This relationship has developed markedly over the past two decades in the political and economic fields, especially in the trade and investment sphere," the emir added.



Coronavirus vaccines

The Qatari authorities appreciate Russia's role in the production and distribution of coronavirus vaccines, the emir of Qatar said.


"The pandemic has shown the interdependence of the world's nations, confirming that no single nation can face epidemics alone. <...> The global community must ensure that vaccines and treatment are available to all, especially the poor and people in need and countries suffering from war and instability. Health should not be allowed to be determined by the laws of the market and world trade. And in this regard, I appreciate Russia's role in the production and distribution of vaccines," Tamim bin Hamad Al Thani noted.


"On the other hand, developing the economy and investment, encouraging innovation and production while reinforcing human values is an effective way to build the necessary capacity to fight epidemics and other international problems <...>. It is also the only way to return people to the normal lives they have been deprived of by the pandemic," the emir pointed out. In this regard, he called on "the private sector in Russia and in the world to pay attention to the business-friendly economic environment in Qatar for the implementation of many and many projects in various fields".


About SPIEF.

The Emir of Qatar said that the SPIEF was an important international event.


"The current forum is taking place amid unprecedented challenges facing the economy at the local, regional and international levels and the ongoing pandemic with its negative effects on the global economy," said the Emir of Qatar. - "All this increases the importance of this forum, which has become an important international economic event. It is also an example for the entire world community to promote initiatives that will foster a favorable environment for economic growth and investment".


St. Petersburg International Economic Forum, organized by the Roscongress Foundation, is taking place from June 2 to 5. The theme of the forum this year: "A Collective Reckoning of the New Global Economic Reality". The event will also include SME, Healthy Society, and Drug Safety forums, and a special junior section, SPIEF Junior. SPIEF-2021 is held in a face-to-face format with observance of all epidemic safety measures. TASS acts as a media partner and photohost agency for the event.


This year the guest country of the forum is Qatar. Earlier it was announced that Qatar would bring to St. Petersburg the largest delegation in the history of participation in international economic forums. The scale of the Qatari pavilion and the scope of the exposition fully corresponded to the declared level.


GSV "Russia - Islamic World"

Photo: Creative Commons

Based on materials from TASS