Complex Made Simple

Qatar Development Bank hosts ITC’s 15th World Export Development Forum

This year’s edition of ITC’s flagship event will explore the role that policymakers and business can play as partners, to achieve the Sustainable Development Goals (SDG).

Under the patronage of H.E. Sheikh Abdullah Bin Nasser Bin Khalifa Al Thani, Prime Minister of the State of Qatar, Qatar Development Bank announced it will be hosting the International Trade Centre’s 15th World Export Development Forum on the 20th and 21st of October 2015 in Doha.

Held for the first time in the Middle East and under the theme ‘Sustainable trade: Innovate, invest, internationalize,’ the forum will be attended by more than 600 experts from all over the world. Representatives will come to Qatar from governments, the private sector, as well as development and promotion of exports organizations and institutes, to discuss efforts to unlock the potential of small and medium-sized enterprises, women and youth.

The forum will reveal the role of the decision-makers and business partners to achieve the goals of sustainable development through the empowerment of SMEs, assisting them in finding innovative solutions, new partnerships to help enter new markets and will include topics of Halal food industry and its role in the evolving export opportunities for SMEs. The event will see high-level plenary sessions, workshops and bilateral meetings between businessmen to support SMEs in the tourism, food and plastic products sectors.

H.E. mentioned Qatar Development Bank continues to promote and support all initiatives that will support SMEs and build export capacity for Qatari companies through the establishment of full service financial and advisory solutions. He also stressed the bank is working hard to achieve Qatar National Vision 2030, under the wise guidance of His Highness Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, which aims at economic diversification with the intention of building a sustainable competitive economy.

In 2011 Qatar Development Bank established its ‘Tasdeer’ program, which aims at developing Qatari non-hydrocarbon exports through providing financial services and insurance solutions. QDB also provides a number of services that aim at building capabilities and competencies of exporting companies, raising public awareness of the sector, and its role in achieving Qatar National Vision 2030.

“This year’s WEDF is an opportunity for global thought leaders and business practitioners to discuss how the role of trade can be strengthened in spurring social and economic growth in developing countries,” said ITC Executive Director Arancha González. “Not only will it be a platform to share best practices and know-how, it will be a venue for doing business, as tailored B2B meetings will allow SMEs to tap into new trade opportunities.”

González pointed out sessions at WEDF 2015 will explore boosting the competitiveness of SMEs to drive economic growth, how to reshape the entrepreneurial landscape through new technologies, and innovative ways for SMEs to access finance. They will also look at regional economic integration, foreign direct investment as a key to connecting to value chains, growth potential in the tourism sector, and the role of halal standards in opening up new markets.

This year’s edition of ITC’s flagship event will explore the role that policymakers and business can play as partners, to achieve the Sustainable Development Goals (SDG). A particular focus will be on enabling small and medium-sized enterprises (SMEs) in developing countries to increase their competitiveness and grow through trade. This global platform is designed to address issues of trade competitiveness and to help leaders in trade and development forge new partnerships and develop innovative solutions.

Participants will explore the theme of ‘Sustainable trade: Innovate, invest, internationalize’ through high-level plenaries, workshops and business-to-business (B2B) meetings. This year’s B2B meetings will target entrepreneurs working in the tourism, specialty foods and plastics sectors.

Abdulaziz bin Nasser Al Khalifa, Chief Executive Officer of QDB, said: “I would like to thank the Ministry of Finance for entrusting QDB to host this global gathering of policymakers, businessmen, financial experts and experts in exports field of SMEs. We are delighted to host such an international forum, which clearly demonstrates the strength of Qatar’s economy. As a part of our core mission QDB supports Qatari exporters and SMEs. Our strategy encourages the private sector to export their products based on well-prepared and tailored market studies of Qatari products, examining quality, pricing, and imported products in relevant target markets. Our goals are fully aligned with the World Export Development Forum agenda.”

The WEDF acts as a constructive platform for decision-makers and stakeholders in the field of export development to help progress international business, closing the gap between developing and developed economies, and facilitating international trade.

ITC is a multilateral agency fully dedicated to supporting the internationalisation of SMEs. Its joint mandate combines a focus on expanding trade opportunities with the aim of fostering sustainable development.