Qatar, Indonesia trade exchange reached QR 2.5 bn, says bin Twar


Qatar Chamber First Vice Chairman, HE Mohamed bin Ahmed bin Twar Al Kuwari, met on Thursday with Vice Minister for Foreign Affairs of the Republic of Indonesia, Mahendra Siregar, at the Chamber’s headquarters.

The meeting was attended by HE Ambassador of the Republic of Indonesia, Ridwan Hassan.

During the meeting, both parties reviewed cooperation relations between both countries in economic and commercial fields and means to strengthening them, as well as the investment opportunities available in both counties.

Addressing the meeting, bin Twar praised the close relation between Qatar and Indonesia at all fields, especially in trade and investment aspects, stressing the strong desire of both sides to develop their bilateral relations between Qatari and Indonesian companies in a way that help in promoting their trade exchange and benefit their economies.

He pointed out that the two countries bilateral trade exchange stood at QR 2.5bn last year, showing a 2 percent growth compared to the previous year despite the pandemic, making Indonesia one of Qatar’s important trade partners.

Bin Twar also noted that Qatari businessmen are looking forward to investing in Indonesia, referring to the Qatari successful investments in Indonesia such as Ooredoo, QNB and Nebras Power.

QC First Vice Chairman assured the Chamber’s preparedness to help Indonesian companies willing to invest in Qatar, indicating that there are 11 Indonesian companies operating in Qatar with Qatari partners in various fields such as trade, contracting, hospitality and services.

Vice Minister for Foreign Affairs of the Republic of Indonesia, Mahendra Siregar, paid tribute to the close relations between Qatar and Indonesia, noting that they are keen on taking their relations to higher levels.

Elaborating on the Indonesian economy, Siregar said that it is expected to grow by 4 percent this year, adding that the pandemic has affected the Indonesian economy, but it has swiftly recovered with the opening of many sectors like tourism.

He invited Qatari investors to invest in his country, noting that there are a raft of opportunities in many sectors such as communication, IT, tourism, energy and others.

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