Qatar Chamber (QC) took part in the 21st Arab-German Business Forum in Berlin recently. The event witnessed the participation of more than 600 officials, businessmen and experts from the Arab world and Germany.
The forum discussed ways of strengthening the Arab-German economic relations and establishing successful cooperative relations between the two sides.
QC Chairman of Qatar Chamber Sheikh Khalifa bin Jassim bin Mohammed al Thani chaired the Qatari delegation to the forum, which reviewed the developments of the Arab-German economic relations, and the challenges facing inter-trade and ways to overcome the obstacles to its development.
The Arab-German economic relations has witnessed remarkable developments during the previous years in the field of investment and trade, where the value of trade between the two sides amounted to €48.3 billion in 2017, of which Arab exports to Germany reached €11.3 billion, an increase of 33.9 percent compared to 2016.
In recent years, Arab investments in Germany have increased significantly in many large and medium German companies reaching nearly €100 billion.
Meanwhile, Germany has provided its scientific expertise to many strategic projects in the Arab countries, including the implementation of many infrastructure projects in the GCC countries, and the establishment of projects for environment and energy in North African countries.