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Qatar Ministry of Finance H. E. Youssef Hussein Kamal inaugurated the conference works at Ritz Carlton Doha on Mon 19 of March,2007

 
 
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Regional security important for global stability
3/21/2007 5:18:14
Source ::: The Peninsula
Sheikh Hamad bin Jabor Al Thani (centre), Secretary-General, Planning Council; others from left, Liu Xianghua, former Chinese ambassador to Lebanon; Yuriko Koike, National Secuity Adviser to the Prime Minister of Japan; General (retd) Wesley Clark; and Yaswant Sinha, former Foreign Minister of India, at the meet.
Doha • The success of the Gulf States in their economic and social development plans is essential to achieve the political stability sought to safeguard the region's energy supply to the global economy.

This was stated by H E Sheikh Hamad bin Jabor bin Jassim Al Thani, Secretary of the Planning Council at the opening session of the second 'Enriching The Middle East Economic Future Conference' here yesterday.

The session which was moderated by General Wesley Clark (retd), Senior Fellow, The UCLA Burkle Center for International Relations' dealt with the Asian powers and Gulf Security.

Other speakers at the session included Yuriko Koike, National Security Adviser to the Prime Minister of Japan, Ambassador Liu Xianghua, Former Chinese Ambassador to Lebanon and Yashwant Sinha, Former Indian Foreign Minister, Head of BJP's Foreign Policy Team.
A section of the audience at the 'Enriching the Middle East Economic Future' Conference here yesterday. (Salim Matramkot)

Sheikh Hamad bin Jabor said that the security of the region is of paramount importance for the global stability in economic, social and political aspects. "Making the Gulf area secure will assure continued access to the energy resources that are vital for the realisation of the global economic and social development," he said.

He said that the security of the region is not only in terms of defense or military protection but also includes formulating strategies and adapting policies that ensures continued development of the region in social, economic and political sectors.

Sheikh Hamad bin Jabor stressed the need for Gulf States to formulate policies conducive to economic diversification and go beyond energy resource management in order to ensure energy security and to safeguard the region's strategic position in the global economy.

He also called for the adoption of policies aimed at strengthening the region's position as a hub for trade, education, health, transportation, investment as well as promoting democracy, peace, cooperation and friendship, thus contributing to regional economic security.

Ambassador Liu Xianghua noted that the economy of the region has already integrated into the Asian, and further into the global economy.

"It is now an important link in the global supply chain," she said, adding that security and development of the Gulf region is closely linked with all Asian countries.

"Peace and stability in the region serves the long-term interests of Asian countries. Asian countries, for their part, should give more attention to and do more for the Gulf region", she said. Referring to the energy cooperation between China, a major energy producer and consumer and the GCC countries, Xianghua said it enjoys great complementarity and huge potential.

She reiterated China's stance to work together with GCC countries to create a sound political environment for regional energy security, noting that China would continue to facilitate mutual visits by its energy departments and enterprises and enhance dialogue and cooperation in environmental protection and energy development to achieve win-win results.

"We will stick to and improve the mechanism of China – GCC energy dialogue and continue to explore new ways and modalities for energy cooperation. We will work with GCC countries to further facilitate dialogue and exchanges between energy producers and consumers to increase mutual understanding and safeguard the stability and development of the global energy market," she added.

 
   
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