Qatar Fertilizer Company.
In view of the great importance of foreign trade on the Economy of Qatar, export revenues are considered the main source of financing public expenditure and development in Qatar. Import is the only means to obtain various kinds of commodities. In 1994, Qatar acceded to “The General Agreement on Tariffs and Trade” (GATT) which is now known as the World Trade Organization. A year after hosting one of the most important and successful conferences of “The Islamic Summit”, which was and still is hailed on the regional and international level for its excellent organization and management, Qatar was able to host in November 2001, an extremely important event namely the Fourth Ministerial Conference of the World Trade Organization. It became the focus of attention of economic and social quarters worldwide, both in the big industrial countries and the developing ones. This conference represents an important turning point in the course of the world economy and a starting point towards deepening and expanding international cooperation worldwide to serve rich and poor nations alike.At the end of the conference, in which over 143 countries participated and over 5000 people attended its activities over the course of five days, a new round of multilateral negotiations was launched (and called The Doha Round).This was considered as an overwhelming success for the Doha Conference, as it achieved what the Seattle Conference failed to do, before.
In view of the great importance of foreign trade on the Economy of Qatar, export revenues are considered the main source of financing public expenditure and development in Qatar. Import is the only means to obtain various kinds of commodities. In 1994, Qatar acceded to “The General Agreement on Tariffs and Trade” (GATT) which is now known as the World Trade Organization. A year after hosting one of the most important and successful conferences of “The Islamic Summit”, which was and still is hailed on the regional and international level for its excellent organization and management, Qatar was able to host in November 2001, an extremely important event namely the Fourth Ministerial Conference of the World Trade Organization. It became the focus of attention of economic and social quarters worldwide, both in the big industrial countries and the developing ones. This conference represents an important turning point in the course of the world economy and a starting point towards deepening and expanding international cooperation worldwide to serve rich and poor nations alike.At the end of the conference, in which over 143 countries participated and over 5000 people attended its activities over the course of five days, a new round of multilateral negotiations was launched (and called The Doha Round).This was considered as an overwhelming success for the Doha Conference, as it achieved what the Seattle Conference failed to do, before.
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