Qatar Chamber, Paltrade sign MoU to lift private sector ties

December 13 2018

Qatar Chamber and the Palestine Trade Council (Paltrade) signed yesterday an agreement to strengthen Qatar-Palestine private sector co-operation and to promote partnerships between companies from both countries.

The MoU signing was led by Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari and Paltrade president Arafat Asfour, who led a delegation representing nine Palestinian companies specialising in food and agriculture.

“Qatar is keen to help Palestine by providing finance to social, economic, and health projects especially in the Gaza strip. Qatar has established many infrastructure and residential projects, as well as many projects in agriculture and construction that created thousands of job opportunities,” said al-Kuwari, addressing the meeting, which included Palestinian ambassador Mounir Ghannam and Qatar Chamber board member Mohamed al-Obaidli.

Al-Kuwari said both sides signed many MoUs and agreements to enhance co-operation in various fields. He noted that there is a large Palestinian community living in Qatar and is contributing to the country’s development.

Asfour said Qatar-Palestine annual trade exchange stood at $30mn, and expressed hope that the meeting would help in establishing trade alliances and partnerships between Qatari and Palestinian companies.

“Palestinian products are of high quality and at reasonable prices. The council aims to promote these products and deepen co-operation between Palestinian companies and their international counterparts,” he added.

Ghannam, who congratulated Qatar’s leadership and the people ahead of the National Day celebrations on December 18, thanked Qatar for its continuous support for Palestine.

On the sidelines of the meeting, a small expo was held to highlight the products of the nine companies present. The products included dates, olive oil, herbs, and other agricultural products.

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