FII9 Session Highlights Need for Diversified Supply Chains and Economic Cooperation

Participants in "The Balance between Sovereignty and Globalization" session at the 9th Future Investment Initiative (FII) Conference emphasized the need for diversified supply chains, enhanced energy self-sufficiency, investment in data centers, technology, and artificial intelligence (AI), as well as increased trade agreements among allied nations.
 Featured speakers included Qatari Minister of Finance Ali bin Ahmed Al Kuwari, British Chancellor of the Exchequer Rachel Reeves, and Turkish Minister of Treasury and Finance Mehmet Şimşek. They discussed the significance of globalization, trade, and AI, stressing the importance of multilateral cooperation and technical agreements to address economic challenges.
 The UK chancellor emphasized economic growth as a government priority, necessitating stability and strong alliances. She reviewed the trade agreements established to enhance the UK's competitive position.
 The Qatari minister affirmed Qatar's openness to foreign direct investment, citing the 2022 World Cup as a catalyst for infrastructure development. He expressed a commitment to attracting international investment, particularly given Qatar's status as a leading producer of liquefied natural gas, and emphasized the role of AI and technology in economic diversification.
 The Turkish minister underscored the necessity for countries to invest in international and regional integration to mitigate risks in energy and production security. He emphasized the need for further investment in technology, health, security, AI, data, and cybersecurity to address potential challenges.