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Qatar-Oman trade rises to QR6.8bn in 2018

Qatar-Oman trade rises to QR6.8bn in 2018

Bilateral trade between Qatar and Oman rose by 240 percent in two years, reaching QR6.8bn in 2018, a significant increase from QR3.8bn in 2017, and QR2bn in 2016, Qatar Chamber (QC) Chairman Sheikh Khalifa bin Jassim Al Thani has said.

In a press statement after his meeting with a high delegation of Omani officials on Thursday, Sheikh Khalifa bin Jassim said relations between the two countries are witnessing a record boom in all fields, especially in the fields of economic and trade.He also said that Qatar Chamber is keen to enhance trade cooperation between the private sector in both countries.

According to Sheikh Khalifa bin Jassim, there are 350 Omani-Qatari companies currently operating in the country in the services, energy, and industry sectors; while there are 200 Qatari companies operating in Oman in various fields.

Earlier, the Qatar Chamber hosted an Omani delegation which included Mohsin Khamis Al Balushi, Advisor to the Ministry of Commerce and Industry and Chairman of the Amman Center for Exhibitions and Conferences and the Chairman of Oman Chamber of Commerce and Industry Qais bin Mohammed Al Yousef.

The meeting was also attended by Qatar Chamber’s First Vice Chairman Mohamed bin Ahmed bin Towar Al Kuwari and a number of board members, businessmen, and company representatives from both countries.
The meeting discussed ways of enhancing bilateral cooperation in various economic and trade fields, especially in the exhibitions sector, which is one of the most promising sectors between the two countries.