Qatar International Court highlights QFC legal system

      Published on Tuesday, 16 October , 2018      24 Views      Comments Add Comment
Qatar International Court highlights QFC legal system

  • Government

Qatar International Court highlighted yesterday the legal, and regulatory regime of Qatar Financial Center (QFC) and highlighted the incentives and benefits it offers to investors.

This came on the sidelines of the participation of an official delegation from the Court at the International Bar Association Conference (IBA) held recently in Rome, along with 7,000 lawyers from around the world.



Qatar International Court CEO Faisal al-Sahouti stressed the importance of participating in the conference, which he said was the most prominent in the world in terms of the number of legal specialists who take part.

He added that the conference provided the Court with the opportunity to introduce its services and the nature of its work, especially in the field of alternative dispute resolution methods.

In a speech given during the conference, he said that Qatar International Court participated to shed light on the legal, and regulatory regime of QFC, and to review the incentives and benefits it offers to investors.

He also discussed the Qatari legal system and how it adopts the highest international standards. He pointed out that the Court’s section at the conference saw strong interest from all delegations.

They got to learn about the nature of the work of the court and its specialties and experience in smart technology services and solutions, as well as the electronic system of the court, which contributes to speeding up the litigation process between the parties of the dispute.

The delegations also recognised the important role played by the Court in protecting the rights and property of investors and the effective role played by the Court with other State actors in promoting and consolidating the concept of adherence to the rule of law.

He added that the delegations got an overview of the important role played by the court in protecting the rights and property of investors and the effective role played by the court with other state actors in promoting and consolidating the concept of adherence to the rule of law.

The Qatar International Court chief executive also added that they organised a seminar on the sidelines of the main event, to discuss the topic in detail.

It involved a review of Qatar’s track record of promoting the role of law locally and internationally, reflecting its commitment to maintaining peace and resolving conflicts around the world by respecting international laws and conventions.

The seminar also discussed the unfair blockade the State of Qatar is being subjected to, which was a catalyst for the country to explore new markets and new partners with many countries around the world.

Al-Sahouti said the speakers at the seminar all noted that the blockade did not leave any negative effects on life in Qatar or the projects that the state is working on. It was also a catalyst to accelerate the launching of some of them such as the Hamad International Port.



He added that the speakers also praised the legislative development in the State of Qatar, especially in the light of the recent legislation issued by the state under the unjust blockade, which they said expressed a new direction of the state in the economic field by opening up for more private investment, whether local or international. Qatar International Court is one of the golden sponsors of this year’s IBA conference.

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Category Government | 2018/10/16 latest update at 11:30 AM
Source : Gulf Times | Photocredit : Google
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