Qatar Chamber, Delegation of the EU review commercial cooperation

07-10-2021

Qatar Chamber First Vice Chairman HE Mohamed bin Ahmed bin Twar Al Kuwari met on Thursday with Head of Trade and Economic Affairs Section at the Delegation of the European Union in Riyadh Patrick Illing at the Chamber’s headquarter.

The meeting touched on reviewing cooperation relations between Qatar and EU states in commercial and economic fields and ways to enhance them, as well as the investment opportunities available on both sides.

For his part, HE Mohamed bin Twar said that Qatar and the EU states enjoy economic and commercial fruitful cooperation, noting that there are many successful Qatari investments in Europe.

He indicated that Qatar welcomes the European investments in various sectors such as services, hospitality, industry, construction, technology, and others, stressing that there is a myriad of cooperation opportunities galore for Qatari and European firms in Qatar, especially that Qatar has a sophisticated infrastructure and pro-investment legislations.

On his part, Patrick Illing pointed out that the distinct relations between the EU countries and Qatar constitute a catalyst for more cooperation between companies from both sides, noting that the Enterprise Europe Network (EEN) in the EU can help in strengthening cooperation between Qatari and European companies, especially in the SMEs sector.

Both parties discussed the possibility of organising a seminar that gathers companies from both parties to explore areas of cooperation and investment opportunities available in all sectors.

It is noteworthy that the Enterprise Europe Network (EEN) is the world’s largest support network for small and medium-sized businesses (SMEs) with international ambitions. It has 4,500 experts across 600 member organizations in more than 60 countries. Member organizations include chambers of commerce and industry, technology centers, and research institutes.

The Network helps ambitious SMEs innovate and grow internationally. It provides international business expertise with local knowledge across a range of targeted services.

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