Qatar, Germany discuss mutual investments to strengthen ties
The Peninsula
Doha, Qatar: Qatar Chamber (QC) hosted a high level German trade delegation yesterday, led by H E Hendrik W st, Minister President of the State of Nor...
Doha, Qatar: Qatar Chamber (QC) hosted a high-level German trade delegation yesterday, led by H E Hendrik Wüst, Minister-President of the State of North Rhine-Westphalia. The delegation was received by Sheikh Khalifa bin Jassim bin Mohammed Al Thani, Chairman of Qatar Chamber.
The Chamber organised a joint business meeting between the German delegation and several prominent Qatari businessmen. The meeting explored avenues to strengthen bilateral cooperation and discussed the investment climate in both Qatar and North Rhine-Westphalia, highlighting promising investment opportunities. Discussions also underscored the pivotal role of the private sector in advancing trade and economic relations between the two sides.
Key sectors identified for potential cooperation included information technology, energy, shipping, sports, petrochemicals, ports, engineering, pumping systems, semiconductor solutions, and polymer materials.
In his remarks, Sheikh Khalifa bin Jassim emphasised that the meeting aimed to explore new avenues for expanding bilateral trade and economic cooperation, particularly through the private sector, given its vital role in both Qatar and Germany.
He noted that the trade volume between the two countries reached $6bn in 2024, with Qatari imports from Germany amounting to $5.1bn and exports to Germany reaching approximately $900m.
