Germany keen to bolster economic and investment ties with Qatar, says envoy

Doha, Qatar: Qatar and Germany are keen to bolster business and investment partnerships, building on decades of economic collaboration, an official ha...

Doha, Qatar: Qatar and Germany are keen to bolster business and investment partnerships, building on decades of economic collaboration, an official has said.

During the Qatar-Germany Business Meeting held at the Qatar Chamber headquarters yesterday, Ambassador (ret.) H E Hans-Udo Muzel, Chargé d’Affaires a.i. at the German Embassy in Doha, emphasised the country’s role as the largest Arab investor in Germany and highlighted emerging opportunities for German companies in sectors such as technology, manufacturing, and infrastructure, as both nations look to expand trade and deepen strategic cooperation.

Speaking to The Peninsula on the occasion, the Ambassador reaffirmed the strength of relations between the two nations, noting that both sides are preparing for a “fresh start” with expanded political and economic cooperation.  Ambassador Muzel said, “We are the first ones. We are looking forward to a fresh start. We also look forward to enhanced relations because we anticipate very high-ranking visits from the Qatari government to Germany.” 

The Ambassador revealed that a strategic dialogue between Qatar and Germany is scheduled to take place later this year with high-level delegates set to attend the meeting and underscored Qatar’s trust in the German economy and political system. “We deeply value Qatar’s trust in the German economy, German business, and also certainly in our political system because you (Qatar) are the biggest Arab investor in Germany,” he said.

Qatar’s investments in Germany span across listed blue-chip corporations as well as small and medium-sized enterprises (SMEs), which the Ambassador described as “the backbone of the German industry” and highlighted this as a sign of Qatar’s confidence in Germany’s diverse industrial landscape.