World Investment Forum opens in Doha as leaders call for stronger global trade cooperation
The 9th World Investment Forum opened in Doha, Qatar, on Sunday, with participants calling for stronger multilateral cooperation and more stable global supply chains amid geopolitical tensions and growing trade protectionism.
A high-level meeting titled "Rebuilding Global Value Chains for Growth and Resilience" was held on the opening day. Participants discussed how geopolitical tensions, trade restrictions and technological competition are reshaping the global economy.
John W. H. Denton AO, secretary general of the International Chamber of Commerce, highlighted China's important role in supporting multilateral economic cooperation. He stressed the significance of effective multilateralism and economic reforms.
Ngozi Okonjo-Iweala, director-general of the World Trade Organization, called for modernizing the organization's rules and institutions to reflect changes in the global trading environment. She said all WTO members share responsibility for maintaining effective trade rules that give businesses greater predictability.
Organized by the United Nations Conference on Trade and Development (UNCTAD) and hosted by Qatar, the three-day forum is held under the theme "Investing in the Future." Participants include the prime ministers of Qatar, Lesotho, Libya and Madagascar, four deputy prime ministers and nearly 50 government ministers.
More than 80 sessions featuring over 400 speakers will address investment policies, artificial intelligence, entrepreneurship, sustainable finance, climate change, tourism and emerging industries.
According to CCTV+, the World Investment Forum in Doha is providing a platform for international leaders to discuss ways to strengthen trade cooperation and improve the resilience of global supply chains.
