Sunday , September 22 2019
Breaking News
Home / International Customs / Qatar / Qatar Chamber Chairman, Germany’s Deputy Minister of Economy review bilateral trade ties
Qatar Chamber Chairman, Germany’s Deputy Minister of Economy review bilateral trade ties

Qatar Chamber Chairman, Germany’s Deputy Minister of Economy review bilateral trade ties

DOHA: Germany’s Member of Ministries Council and Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy Thomas Bareiss met with Qatar Chamber’s Chairman Sheikh Khalifa bin Jassim Al Thani in Berlin.

The meeting reviewed ways of developing cooperation relations between both friendly countries, exploring investment opportunities available in both sides as well as activating private sectors to forge joint enterprises in both countries.

During the meeting, Sheikh Khalifa invited the German official to visit Qatar with a business delegation to explore investment climate and available opportunities and discuss strengthening cooperation between Qatari and German companies.

The German official welcomed the invitation and promised to pay a visit to Qatar in the near future.

The meeting was attended by Daniel Limer, the Middle East Official at the German Ministry of Economy and Energy, Ambassador of Germany to Qatar HE Hans-Udo Muzel and Abdul Aziz Hassan Al Haj, Second Secretary at Qatar’s embassy to Germany.

Sheikh Khalifa stressed QC’s keenness to enhance cooperation ties between the Qatari private sector and its German counterpart, noting that both countries enjoyed distinguished relations at all aspects especially the economic side. “Qatar-Germany trade volume hit last year $2.1bn. Germany is an important trading partner to Qatar,” he added.

He praised the cooperation relations between both countries’ companies, assuring that number of German companies in Qatar is growing. There are more than 300 German companies operating in the Qatari market in various sectors, he said, adding that Qatari investments in German are amounted to €25 bn. Qatar will invest more than €10 bn in the coming five years, Sheikh Khalifa noted.