Qatar highlights global development impact of Strait of Hormuz disruptions

Her Excellency Dr. Mariam bint Ali bin Nasser Al-Misnad, Minister of State for International Cooperation, participated today in a session entitled "The Repercussions of the Strait of Hormuz: The Hidden Cost of the Conflict on Global Development", as part of the Paris Peace Forum 2026, which will be held in the French capital on November 10-11.

In a speech during the session, which was organized in partnership between the Doha Forum and the Paris Peace Forum, Her Excellency said that the State of Qatar participates in this dialogue as a country directly affected by the state of regional instability, and as a committed partner in the field of international development.

Her Excellency reiterated the State of Qatar's firm belief that diplomacy, respect for sovereignty, international law and freedom of navigation are key pillars for achieving regional stability and global prosperity.

The turmoil in the Strait of Hormuz reminds us that regional crises have global consequences, she said, noting that the impact of these disturbances extends from fuel to shipping, from fertilizers to food, and ultimately to household budgets.

The IMF now expects growth in emerging and developing economies to slow from 4.5 percent last year to 3.7 percent this year, while global inflation rises to 4.7 percent. "But behind these figures are households facing rising costs of living, and governments forced to make difficult choices between paying off debt and providing basic public services."

These repercussions threaten the progress made by the most affected countries over the years in the field of development, and we must ensure that the temporary crisis does not become a long-term impediment to their development.

Her Excellency said that the State of Qatar's response combines diplomacy and development cooperation, pointing out that the State of Qatar, through its institutions, will sign two agreements with the United Nations in 2025 worth US$ 21 million, in support of the Doha Work Programme, including in the areas of food security and the resilience of the least developed countries.

Her Excellency highlighted a range of priorities for the future: the need for the most vulnerable countries to have timely and affordable financing to enable them to cope with rising costs without increasing their debt burdens, protecting development gains, coordination where governments, the United Nations, development partners and financial institutions must work together in accordance with national priorities while ensuring clear accountability, prevention as less expensive than recovery. In this regard, she pointed out that diplomacy and mediation remain our most powerful tools to prevent conflicts from disrupting trade and undermining development.

Her Excellency affirmed the commitment of the State of Qatar to advance these priorities, pointing out that the State of Qatar will host the mid-level review of the Doha Work Programme for the Least Developed Countries from 25 to 27 March 2027, and this occasion will represent an important opportunity to translate the commitments into practical results.

Her Excellency Dr. Mariam bint Ali bin Nasser Al Misnad, Minister of State for International Cooperation, added: "Our message is clear: LDCs, which bear little responsibility for global crises, should not be the ones most bear the consequences. We need to act early, strengthen coordination and protect development gains. We look forward to continuing this dialogue at the Doha Forum next December."

About Qatar Living:

Since 2005, Qatar Living has been the trusted destination for everything Qatar. As the country's largest online community and marketplace, Qatar Living connects people with opportunities through jobs, property, vehicles, services, classifieds, events, local insights, and breaking news. Trusted by residents, newcomers, visitors, and businesses alike, Qatar Living brings Qatar together in one place.

Instagram - @qatarliving

X - @qatarliving

Facebook - Qatar Living

YouTube - qatarlivingofficial