Qatar-Turkey trade volume hit QR 8.1 bn last year, says Qatar Chamber First Vice-Chairman


Qatar Chamber has participated in the Qatar-Turkey Business Meet held on Monday at the Rutz Carlton Hotel in the presence of the Turkish Minister of Trade HE Ömer Bolat; Undersecretary of the Ministry of Commerce and Industry HE Sultan bin Rashid Al-Khater; and QC First Vice-chairman HE Mohamed bin Ahmed bin Twar Al Kuwari, QC board member Shaheen bin Lahdan Al Mohannadi , along with a crowd of businessmen from both countries.

The meeting was also attended by the Chairman of Türkiye Exporters Assembly Mustafa GÜLTEPE and HE Ambassador of the Republic of Turkiye to the State of Qatar Dr. Mustafa Goksu.

In his remarks, Al Kuwari praised t3he deep-rooted and developed relations between Qatar and Turkey, noting that they are linked by strong and fast-growing economic and commercial ties. This is supported by the convergence between the leadership in both countries and the mutual visits at high levels.

The two countries’ bilateral trade volume reached QR 8.1 billion in 2022, compared with QR 6.8 billion in 2021, showing an 18 percent increase, making Turkey one of Qatar’s most significant trading partners, he said.

Al Kuwari attributed this surge to the developed relations between both countries, especially with the presence of direct maritime lines, a number of signed agreements and the abundance of mutual investments on both sides.

As for mutual investments, he noted that there are many Turkish companies operating in Qatar, either with full Turkish capital or in partnership with Qatari counterparts, across various sectors including trade, contracting, construction, healthcare, services, and more.

In Turkey, he said, there are many Qatar investments in diverse of sectors like real estate and tourism and others, affirming that Turkey is an attractive investment destination for Qataris, and that Qatari businessmen are keenly interested to invest in Turkey and establish commercial alliances and joint ventures with their Turkish counterpart.

He said there are many Qatari investments in Turkey across diverse sectors such as real estate, tourism, and others, affirming that Turkey is an attractive investment destination for Qataris, and Qatari businessmen are keenly interested in investing in Turkey and establishing commercial alliances and joint ventures with their Turkish counterparts.

QC First Vice-Chairman invited Turkish companies to increase their investments in Qatar, which provides an attractive investment environment, advanced infrastructure, and leading economic legislation, as well as incentives and facilities offered by the government. Moreover, Qatar hosts a range of promising opportunities available in its free zones.”

He also emphasized that Qatar Chamber supports cooperation and partnership between both sides, highlighting that the Chamber encourages Qatari investors to direct their investments towards Turkey, which offers tremendous opportunities and an attractive investment climate.

Turkish Minister of Trade HE Ömer Bolat congratulated Qatar for hosting the International Horticultural Expo 2023 Qatar, noting that there are 130 Turkish businessmen participating in the Turkish pavilion to review vistas of cooperation with their Qatari counterparts.

Bolat also praised the distinguished relations between Qatar and Turkey, noting that these strategic relations cover all fields, especially the economic and commercial spheres.

He indicated that there are 720 Turkish firms working in Qatar in various fields, and about 120 Qatari firms operating in Turkey and have successful investments.


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