Qatar Chamber Chairman conducts business visit to Algeria to promote commercial cooperation

07-05-2024

Chairman of the Qatar Chamber H.E.  Sheikh Khalifa bin Jassim Al-Thani recently embarked on a business visit to the People’s Democratic Republic of Algeria which included a series of meetings with a number of Algerian officials.

The visit aimed to strengthen commercial and economic relations between the Qatari and Algerian private sectors, with a focus on increasing Qatari industrial investments in Algeria and attracting Algerian investment to Qatar.

It included meetings with Lieutenant-General H.E.  Said Chengriha, Chief of Staff of the People’s National Army, H.E.  Ali Aoun, Minister of Industry and Pharmaceutical Production, H.E.  Tayeb Zitouni, Minister of Trade and Export Promotion, and H.E. Salah Eddine Taleb, Governor of the Bank of Algeria.

In a separate meeting, H.E. Lieutenant General Saïd Chengriha, Chief of Staff of People’s National Army, received H.E. Sheikh Khalifa bin Jassim Al-Thani, during which they discussed means of enhancing cooperation between  the private sectors on both countries in the industrial fields.

Similarly, H.E. Ali Aoun, Minister of Industry and Pharmaceutical Production, received the Chairman of Qatar Chamber in the presence of the Ambassador of Qatar to Algeria, H.E. Abdulaziz Al Naama.

During the meeting, both officials discussed ways to enhance cooperation and partnership relations between the two brotherly countries, especially in the industrial fields. They also reviewed experiences in the industrial sector in both countries, along with opportunities for cooperation in manufacturing industries, particularly in the food sector and others.

The Algerian Minister, in turn, urged Qatari businessmen to invest in industrial projects in Algeria, emphasizing the significance of cooperation between both sides in establishing partnerships that benefit the economies of both brotherly nations.

On the other hand, H.E.  Tayeb Zitouni, Minister of Trade and Export Promotion, held a meeting with QC Chairman at the Ministry’s headquarters. During the meeting, they focused on ways to enhance trade cooperation relations between both countries and emphasized the role of the private sector in activating mutual investments and increasing the level of trade exchange.

For his part, H.E. Salah Eddine Taleb, Governor of the Bank of Algeria, hosted a meeting with HE Sheikh Khalifa bin Jassim Al-Thani at the Bank’s premises. The discussion focused on enhancing cooperation between both countries in the finance, banking, and insurance sectors.

On this occasion, H.E. Sheikh Khalifa bin Jassim praised the close relationship between Qatar and Algeria thanks to the directives of the wise leadership in both fraternal countries, pointing to cooperation in various fields, especially in commercial and investment spheres.

H.E. emphasized that Qatari business owners are eager to explore opportunities in Algeria, especially in the industrial sector. He also stressed the Qatar Chamber’s keenness on strengthening relations with the Algerian side by forging commercial alliances and partnerships, whether in Qatar or Algeria.

H.E. Sheikh Khalifa said that the trade volume between both countries amounted to QR 297 million last year, showing a 36 percent growth compared to QR 218 million in 2022.

Back to top button