Economists to QNA: Qatar-Poland Partnership a Model for Cooperation in Energy, Sustainable Development -1-

Regarding the Qatar-Poland partnership, the expert and financial and economic analyst and Vice Dean of Business School for Academic and Quality Assurance at the Jordanian Al-Albayt University Prof. Omar Gharaibeh told QNA that the Qatari gas imports to Poland have strengthened the Qatar-Poland economic and political relations. He added that these ties strike a strategic balance and help stabilize energy supplies, in addition to ensuring economic growth between the two countries and diversifying Polands energy sources. Prof. Gharaibeh added that the ironclad Gatar-Poland relationship plays a vital role in promoting the political and diplomatic relations, especially that 30% of Polands LNG imports come from Qatar, a significant contribution that has numerous indications at the economic and geopolitical levels. He outlined that obtaining stable supplies by Poland virtually reinforces energy security and bilateral relationship between the two countries, in addition to diversifying Polands energy sources. This c ooperation, Prof. Gharaibeh highlighted, would expand to encompass investment, trade, and technical cooperation, pointing out that the State of Qatar is one of the largest producers of natural gas in the world, while Poland has one of the largest economies in the Eastern Europe with a growing ambition to be an energy hub with diverse gas sources. Subsequently, he said, there is an opportunity to surge Qatars natural gas exports to Poland to meet the increasing demand for clean energy in long-term new contracts, thus setting the groundwork for advancing renewable energy projects, such as solar and wind energy systems to help Poland diversify its energy sources and achieve the sustainability goals. Prof. Gharaibeh pointed out that this partnership opens cooperation prospects and helps share expertise in a wide diversity of energy sectors, such as education through leveraging academic and research cooperation, exchange of students, researchers, expertise, technology, organizing joint workshops to explore innova tive solutions for energy efficiency optimization and reducing carbon emissions. He stated that this cooperation broadens domestic partnerships and shared investments through creating new energy plants and modernizing the infrastructure related to storage and transportation technologies and investing in foreign ventures. Prof. Gharaibeh concluded that the Qatar-Poland partnership enhances cooperation in energy sector, as well as economic, trade and investment fields and increases agreements in interoperability trade, since stable energy supplies increase growth rates, and virtually support the industrial sector in the two countries, something that will positively be reflected on the industrial sector as cost-effectively as possible and increase the production efficiency. He affirmed that the cooperation could extend to other sectors that would diversify the exports and imports of other products, namely Agro products and transformational industries. Source: Qatar News Agency