Qatar Chamber, EU Trade Delegation Review Cooperation

Doha, A European trade delegation reviewed in Qatar Chamber (QC) Monday the ways to develop cooperation in the fields of trade, economy and communication between Qatari and European businessmen.

The target of the meeting, which was attended by 15 EU ambassadors to Qatar, was to explore the investment opportunities available for the businessmen from both sides.

The delegation presented different trade and investment opportunities found in Europe in various economic fields including renewable energy, construction, real estate investment, health and education.

Vice Chairman of QC Mohammed bin Ahmed bin Towar said in his welcoming speech, that the EU is a strategic and a very important trade partner for Qatar. It is a union with an economic clout to make a real difference on global issues and encourage all world businessmen to do investments. Qatar-EU economic and trade relations are strong and growing rapidly at all fields and at all sectors. Strong and stable political relations between both sides have promoted their economic cooperation and trade ties to higher levels.

He added, Qatar expects its economy to grow 3.4 percent in 2017 and plans investment up to QR46 billion in major infrastructure projects as part of strategy to achieve sustainable development and economic diversification according to Qatar National Vision 2030.

Towar invited world businessmen to come and invest in Qatar and at the same time it opens the door for Qatari businessmen to exchange experience and build real partnerships with foreign counterparts. So, the door is open for EU companies and investors to expand their businesses in Qatar at all sectors and to establish real partnerships with Qataris in all economic fields.

On the other hand, Belgian Ambassador to Qatar Christophe Payot, on behalf of the European ambassadors, praised the meeting organized by QC and the economical leap achieved by Qatar. He further commended the good ties between Qatar and the EU countries noting Qatar's eagerness to achieve economic diversity and implement Qatar National Vision 2030.

The EU countries are open to Qatari investments and encourages its businessmen to use European technologies to achieve the Qatar projects.

EU Head of Trade and Economic Affairs in the GCC Lucie Berger presented ways of establishing a business in the EU, and the SME network which includes 3000 experts and more than 600 locations in 60 countries from around the world., adding that the strategy is based on 3 pillars; global partners, investment and innovation support.

The network acquired the appreciation of the business communities around the world and achieved a growth of 3 percent and covers 17 sectors.

Source: Qatar News Agency