HE Qatar Chamber (QC) Sheikh Khalifa bin Jassim Al-Thani said that Germany is one of Qatar’s most important trading partners, adding that bilateral trade between the two countries continues to grow, reaching QR 6.8 billion last year, compared to QR 6.4 billion in 2021 This came during His Excellency’s meeting with high-level German delegation led by HE President of the Arab-German Chamber of Commerce, and Industry (Ghorfa) Dr Peter Ramsauer.
QC Chairman indicated that there are numerous leading German companies operating in Qatar in various sectors, either with full ownership or in partnership with Qatari entities, pointing out that there are many successful Qatari investments in diverse of sectors in Germany.
His Excellency stressed that the Chamber strongly welcomes and encourages the enhancement of cooperation between the Qatari private sector and its German counterparts across all sectors, especially in the field of SMEs, where Germany excels in advanced technology. He invited German companies to co
operate with their Qatar counterparts by establishing active partnerships and alliances in all sectors. He affirmed that Qatar provides a host of opportunities, supported by advanced infrastructure, leading legislation and numerous incentives for investment.
For his part, Dr. Peter Ramsauer stated that the relations between Qatar and Germany have witnessed significant development, and he noted that their trade is experiencing substantial growth. He also emphasized the strong desire of many German companies to enter the regional markets through investments in Qatar.
Ramsauer highlighted the significance of the German trade delegations visiting Qatar, as it demonstrates the keen interest of the German private sector in exploring investment opportunities in Qatar and forming partnerships with Qatari firms across various sectors. This cooperation extends beyond sectors like energy and manufacturing, encompassing other areas as well.
He also praised the great development Qatar witnessing in terms of the infrast
ructure, investment-related legislation, asserting that the Ghorfa would cooperate and coordinate with Qatar Chamber to facilitate the establishment of joint ventures between investors from both countries, highlighting several successful investments and alliances between both friendly countries.
He also commended the substantial infrastructure development in Qatar, as well as the investment-friendly legislation in place.
During the meeting, the Investment Promotion Agency Qatar, delivered a presentation on conducting business in Qatar, highlighting the services offered by the Agency to investors and the key sectors for investment in the country.
In turn, the German delegation presented a wealth of investment opportunities available in Germany. (QNA)
Source: Qatar News Agency