Gulf British Conference on public-private sector partnership to take place in London next Wednesday

RIYADH, — The Gulf British Conference on public-private sector partnership will take place in London next Wednesday, as an implementation of agreements made during the first summit of the Gulf Cooperation Council, GCC, and the UK, held in Bahrain on 6th and 7th December 2016.

In a statement today, Abdulaziz bin Hamad Al Owaisheq, Assistant Secretary-General of the GCC for Political And Negotiations Affairs, highlighted that the conference will focus on implementing the joint action plan that was approved by both sides regarding increasing available investment opportunities between the GCC and the UK, encouraging investment partnerships and promoting relations between businesspeople and the private sector from both sides.

He added that the conference will review the national transformation and economic diversification plans that were adopted by GCC countries and their approved laws and legislation, to increase opportunities for foreign investment in the infrastructure, health, telecommunications, energy, information technology sectors, as part of the GCC’s efforts to strengthen their economies and diversify resources.

Al Owaisheq stated that representatives of the Ministries of Foreign Affairs, Finance, Economy, Planning, Trade, Industry, Communications, Information Technology, Health, Education, Investment and other relevant government sectors, as well as private sector representatives from GCC chambers of commerce and industry, will participate in the conference.

Source: Emirates News Agency