His Excellency Shaikh Hamad bin
Jassim bin Jabr Al-Thani iaugurated the Conference works
His Excellency General Antony Zaini. His Excellency the
President Bill Clinton. Ladies and Gentlemen.
I have the pleasure to meet you now
in the opening of Enriching the Middle East's Economic
Future conference in which a wide portion of the world's
nations is interested.
The holding of this conference
comes in time where we are badly needing to arrange for
the economic concern after the political concern has
obtained a great part of the international community in
the reform process. It is highly important to recognize
that we are discussing the economic future of the Middle
East because this part has certainly tight organic
connection with the political part. The success realized
in either of the two parts shall be a dynamic power for
realizing the success in the other part and vice versa.
It is well-known that the Middle East area in general
and the Arabian Gulf region in particular has a unique
exceptional strategic importance. It is the area where
the factors of political economical and security impacts
are interacted in an exceptional way, this gives the
area high importance and concerns from the international
community. The importance of this area comes from many
essential elements and reasons, the most distinguished
ones are the area raw-materials and resources which are
vital for the World Economic and its continuation such
as, Crude Oil and Natural Gas.
The area is also distinguished
with special geographic location which makes the link
between the world continents and its transportation
lines. Therefore many of the political, security, social
and cultural interactions are launched from the area
which exceeding the area limits and the neighborhood.
…/2 The Energy stock in the area is very huge. OPEC
reserve of oil is estimated to 70% of the world reserve,
most of OPEC members are from Arabian Gulf Countries and
Iran. The reserve of Gas in the area is estimated to the
world's half reserve, taking into consideration that the
biggest reserve of Gas is found in Qatar and Iran. These
sources form the effective element for any desired
process of economic and social development in the world.
The realization of economic development at the
international level is subject to access to these
resources. This fact makes group of interlinked elements
of which are most important is to give importance to the
Economies of the area states; since the realization of
Economic and industrial development shall be positively
reflected - due to the mutual relationship between the
Economies of different countries - on the world Economy.
The success of the area states in their development
plans in both economic and social fields will largely
have impact on providing the political stability and
consequently shall bring public interest through optimum
investment of the economic and financial resources. The
availability of huge financial resources of the area
states from the safe production of oil shall provide the
possibility of capital flow to other countries
especially the developing and underdeveloped countries,
and major industrial countries. This will provide
balanced development at the international level. For the
sake of this objective the countries of the area must be
enabled to posses the power of science, technology and
services and to establish industries near production
sites, since this is a basis method to promote the
standard of fulfilling the future international and
human requirements as well as providing low-cost
industrial and productive base. …/3 The consumption must
be regulated through the organizing of production and
exportation process for guaranteeing long range
continuation of energy reserve for serving the entire
human society during the current century where the oil
and natural gas shall remain the basic sources of Energy
and Industry. In the end, we should acknowledge that the
economic and social stability which is necessary for
realizing the economic growth of the area states and
other countries as well; is tightly connected with the
realization of the political stability in such
countries. Therefore , the area must be put far from
crises and conflicts and serious work must be undertaken
by the powerful countries of the world in order to
resolve the area crises and conflicts in accordance with
the rules and principles of the International Law.
Ladies and Gentleman, These are some of the basic ideas
that seem to me - into my humble consideration - has
relation with the discussions of this conference that I
hope to be successful for the benefit of all . Thanking
you. |