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Qatar official calls for peace and security to boost trade, investment

The Qatari minister of state for trade says peace and security are essential for prosperity in trade and investment.

Al Jazeera•

Qatar’s Minister of State for Foreign Trade Affairs Ahmad bin Mohammed al-Sayed has called for greater international cooperation and economic stability, warning that trade and investment cannot flourish without peace and security.

Speaking at the United Nations-led World Investment Forum in Doha on Sunday, al-Sayed said geopolitical upheaval and growing economic fragmentation were threatening global investment prospects.

“The global economy is undergoing changes. There are geopolitical changes. These are all issues that redefine the landscape of global investment,” he said.

In the past week, escalating attacks on shipping in the strait and uncertainty over diplomatic efforts to end the nearly eight-month war have led to a surge in oil prices, putting further pressure on the global economy.