Qatar Chamber, CFTC ink agreement to boost cooperation

12-03-2023

The Qatar Chamber and the China Foreign Trade Centre (CFTC) signed on Sunday, March 12 an agreement to bolster cooperation, promote events and exchange visits between them.

The agreement was signed by QC First Vice-Chairman HE Mohamed bin Ahmed bin Twar Al-Kuwari and CFTC’s President Chu Shijia.

The signing ceremony took place following a meeting between both officials at the Chamber’s headquarters. The meeting touched on means to enhance cooperation relations between both entities and bolster trade between businessmen from both countries.

Speaking at the meeting, HE Mohamed bin Twar said that China is an important investment destination for Qatari investors, affirming that they are eager to learn about the opportunities galore in China and in Guangzhou in particular.

He noted that there is a great opportunity for the private sector on both sides to enter into commercial partnerships and benefit from the tremendous potential offered in both counties.

He also stressed the Chamber’s keenness to enhance cooperation between both sides and enable the Qatari private sector to participate in the economic events held in China.

On his part, CFTC’s President Chu Shijia said that his visit aims at reviewing trade relations between Chinese and Qatari businessmen and inviting the Qatari private sector to participate in the Canton Fair 2023 (The 133rd China Import and Export Fair) which will be held in Guangzhou city this year, as one of the world’s important trade fairs.

He also noted that the fair is expected to attract more than 26 thousand exhibitors, and more than 3 million visitors, in addition to a large number of accompanying activities and events.

He stressed that the fair will contribute to enhancing trade between Qatari and Chinese businessmen, and will offers a brilliant opportunity for exporters and importers to meet and discuss business deals, and to get acquainted with the Chinese products displayed at the exhibition.

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