Qatar's Minister of Economy Meets Saudi Counterpart

Doha, February 07 (QNA) - HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohammed Al Thani met today in Riyadh with Saudi Minister of Economy and Planning Adel bin Mohammed al-Faqih. During the meeting they discussed relations of mutual cooperation between the two countries and means of developing them as well as the exchange of expertise for the good of the two countries' peoples particularly in the economic sector. The accompanying Qatari delegation made a presentation on the macro economy example - the analytic frameworks of the Qatari economy, a project of which the ministry carried out its first phase last year and is viewed a pioneering one. Afterwards, public-private sector partnership and the experience of the State of Qatar in this vital field in addition to the efforts of the Ministry of Economy and Commerce in investment promotion in different sectors were also reviewed. HE the Minister of Economy and Commerce explained that such meeting assume a significant importance as they aim at exchanging expertise of both countries, as well as reviewing the experiences which they went through and the challenges and solutions, adding that the circumstances the region is passing through affect all (countries) and require exerted efforts to face them and find effective and long-term solutions to overcome them. Meanwhile the Saudi side praised the experiences presented by the State of Qatar, underlining the importance of exchanging experiences in the economic field for the good of the two brotherly countries. After the presentation by the Qatari delegation, the Saudi side made a general presentation on the ministry and programmes of its affiliated centres. A delegation from the Ministry of Economy and Finance received an invitation from the Kingdom of Saudi Arabia to review the joint experiences of the two countries and to exchange expertise in the different fields such as trade, economy, consumer protection, others and means of enhancing mutual cooperation.(QNA)