Qatar-France trade volume surge 165% in 2022: QC chairman

Qatar Chamber recently participated in the Arab French Economic Summit 2023 which was held in Paris under the theme “A partnership that must be forged in a world in crisis”.

Chamber’s delegation was presided over by QC Chairman Khalifa bin Jassim Al Thani.

The summit was jointly organized by the Arab French Chamber of Commerce, the Union of Arab Chambers, the Chamber of Commerce and Industry of Marseille and the International Chamber of Commerce (ICC).

The summit focused on several topics including, environment and water, industry, modern construction projects, food, and medicine.

The event, which is being organized for the fourth time, constitutes an opportunity to conduct an assessment of the economic and trade relations between the Arab countries and France, and to explore ways and means of strengthening this relationship, especially between the private sectors, so that it is based on win-win.

Earlier, HE Sheikh Khalifa bin Jassim Al Thani also participated in the meeting of the Board of Directors of the French Arab Chamber of Commerce.

The meeting’s agenda touched on a report on the Chamber’s activities during the past year, closing the accounts and budget for 2022, and the discussion of the Arab French Economic Summit.

The meeting also reviewed enhancing commercial relations between France and the Arab World and encouraging businessmen from both sides to boost cooperation and establish investment projects that develop trade volume between both parties.

In a statement, QC Chairman Khalifa bin Jassim Al Thani praised the strong relations between Arab countries and France, noting that Qatar Chamber works closely with Arab member chambers in the Arab-French Chamber of Commerce to unify stances towards the various economic and commercial issues in a way that leads to promoting the intratrade between both sides.

He also noted that the Arab-French Chamber of Commerce since its inception before 50 years is working to develop the economic, commercial, and industrial relations between France and Arab countries, as well as facilitate mutual investments.

He stressed the close commercial relations between the State of Qatar and France, stressing the Qatar Chamber’s keenness on enhancing cooperation between the Qatari and French private sectors and bolstering cooperation ties between Qatari businessmen and their counterparts from France, in a way that develops trade exchange between both countries.

France is an important trade partner to Qatar, His Excellency said, adding that their trade volume last year amounted to QR16.4 billion, compared with QR6.2 billion in 2021, registering an increase of 165 percent.

Provided by SyndiGate Media Inc. (Syndigate.info).