Word: doha
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Speaking in his eighth-floor office with panoramic views of Doha's new skyscrapers and the Gulf waters beyond, Attiya said that the failure of industrialized countries to provide more refining capacity in the world had led to some shortages of usable fuel. But he was adamant that the Organization of the Oil Petroleum Exporting Countries, which will hold a major summit in Riyadh, Saudi Arabia, in mid-November, is not responsible for today's soaring prices...
...Attiya, whose government is pouring billions of dollars from energy windfalls into vast infrastructure and education projects, spoke on the eve of the 6th Doha Conference on Natural Gas. He outlined Qatar's phenomenal rise within the global energy industry, which has seen the country become the world's largest supplier of liquefied natural gas as well as remaining a major oil producer. LNG production has gone from zero to 32 million tons annually and is expected to hit 77 million tons by 2010. Qatari oil production, meanwhile, has jumped from 350,000 barrels per day in 1995 to nearly...
...slumping and the U.S. in need of poorer countries as partners in the war against terrorism. Right now there is nothing more important on the economic agenda than securing a new round of measures to reduce trade barriers. Trade ministers have just met in the Persian Gulf city of Doha, Qatar, to work out the outlines of such a round. They need to move fast: the World Trade Organization estimates that in 2001 the growth in the volume of world trade in goods will be just 2%, compared with...
...Increasing the tilt toward a regional FTA is the malaise in the World Trade Organization, where the Doha Round of talks, aimed at getting rich economies to lower barriers to poor nations' exports, has been in gridlock for years. The APEC leaders are expected to issue a statement urging a breakthrough, but they did that last year and the year before that to no avail. And if the Doha talks fail, says economist Edwards, "it becomes all the more important that this region have the widest free-trade agreement possible." Downer, however, sees that as a very remote prospect...
...Food aid was a sticking point at the 2001 Doha trade talks, amid complaints that the U.S.'s insistence that its food aid be grown at home amounts to a subsidy. Many European NGOs argue that this policy, coupled with the U.S. law that 75% of food aid be carried by U.S. ships, means food often arrives too late, floods local markets and damages indigenous farming...