Thursday, 7 April 2011

CNBC Global Economy: Qatari Prime Minister on Growth, Libya and Emerging Markets - CNBC

Qatar hosts its first Business & Investment Forum in New York. The country is planning to invest over $35 billion outside of Qatar this year. Sheikh Hamad bin Jassim bin Jabr Al-Thani, Prime Minister and Minister of Foreign Affairs of Qatar sat down with Maria Bartiromo in a CNBC Exclusive.

Qatari Prime Minister Sheikh Hamad
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Qatari Prime Minister Sheikh Hamad

Here's the transcript of the interview.

MARIA BARTIROMO: You are conducting the Qatar Investment Forum in New York this week. This is the first time you're doing it in New York. What are you trying to accomplish?

SHEIKH HAMAD: We usually do it in London, Paris and in Europe. And a lot of business people from this part of the world, they say, "We need it to be done in New York." Actually, they say that Washington. And for me, Washington is a place where I like to go and work and live. So I said, "Okay, we do it in America, but we do it in New York." We have a lot of people attending this, as you know. There will be hundreds of people. And we stop receiving people, because there is no place to have everybody. I think this could be a good model to show them what we are trying to do, what is our interest. We know what we can have from the people here, any new ideas about business in this part of the world.

For us, it's a new opportunity. We know most of the people here, but it's good to have a dialogue with them. Also, we have over 250 businessmen from Qatar and from the region which, it's healthy to have both of these people talk to each other, because I'm sure they will come with the good ideas, which will help, you know, the two sides.

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