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GOIC hosts the third GCC non-oil exporting strategy workshop
10 September 2014

 

The Gulf Organization for Industrial Consulting (GOIC) hosted the third “GCC non-oil exporting strategy” workshop on Wednesday, September 10, 2014 in cooperation with the GCC Secretariat-General and with representatives from different GCC countries and the Secretariat-General and international experts at GOIC’s headquarters in Doha, Qatar.
The sessions were chaired by Dr. Hilal Al-Mukhaini, Director of the Secretariat-General Commerce and Industry Department. A number of sessions were attended by GOIC Secretary General Mr. Abdulaziz Bin Hamad Al-Ageel, Mr. Mohammed Bin Khamis Al-Mukhaini, Assistant Secretary General for Industrial Information and Studies and several representatives from the Secretariat-General and the Organization.
GOIC Secretary General Mr. Abdulaziz Bin Hamad Al-Ageel gave the welcome speech in which he greeted participants and explained that the two-day workshop will tackle topics related to the second phase of the study and the updates and amendments in light of the second workshop. He added that sessions will display suggestions and videos presented by member States regarding the third and last phase of the study. An open discussion will focus on the preparation of a paper on the strategy and general framework of the executive plan.
Furthermore, activities were kick-started with a presentation delivered by Dr. Anwar Al-Quraan, Director of Industrial Studies and Policies Department at GOIC. Dr. Al-Quraan highlighted the phases of the study: the first phase was completed and included an assessment of the current non-oil exports at all levels in GCC countries, while the second phase is still in progress and tackles the strategic objectives and benchmarks of the study.
Dr. Al-Quraan highlighted the main objectives of the strategy: helping GCC countries in achieving economic diversification, expanding citizens’ income source and wealth pool and guiding GCC countries to increase non-oil exports in the medium term (five years) and long term (fifteen years).
 
In addition, GOIC experts delivered a detailed presentation about the achievements of the second phase of the study and its objectives: increasing GCC non-oil exports and expanding its geographic distribution, boosting SME’s contributions to industrial non-oil exports, guaranteeing national legislations and policies aiming at developing GCC industrial non-oil exports, developing national institutions to promote, finance and guarantee industrial non-oil exports, maximising the benefit from international trade agreements by using their databases and flexibilities to develop industrial non-oil exports and reinforcing GCC countries’ negotiating position by increasing foreign direct investments.
The examination of the strategy focuses on non-oil exports, notably industrial exports including knowledge-based and vital industries. It has been prepared by GOIC experts in cooperation with an external research team led by Dr. Jamal Daoud Salman. The workshop was also attended by experts specialised in WTO topics and ESCWA representatives.


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