CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qatar-Mexico trade volume rises by 33% to $263m in 2018

Published: 09 Oct 2019 - 09:44 am | Last Updated: 04 Nov 2021 - 03:29 pm
Qatar Chamber officials, led by First Vice-Chairman Mohamed bin Ahmed bin Towar Al Kuwari (fourth left) and Mexican trade delegation led by Mexican Ambassador to Qatar, Graciela Gómez Garcia (fifth right), during the meeting in Doha yesterday.

Qatar Chamber officials, led by First Vice-Chairman Mohamed bin Ahmed bin Towar Al Kuwari (fourth left) and Mexican trade delegation led by Mexican Ambassador to Qatar, Graciela Gómez Garcia (fifth right), during the meeting in Doha yesterday.

The Peninsula

The bilateral trade between Qatar and Mexico increased by 33 percent from $199m in 2017 to $263m in 2018, said Qatar Chamber’s First Vice-Chairman Mohamed bin Ahmed bin Towar Al Kuwari yesterday.

He added that there is mutual interest in both countries to further develop this growing trade relations.  

“Qatar economy is open to all world economies and its investment climate welcomes forging new trade alliances and partnerships between Qatari and Mexican private sectors,” Al Kuwari said during a meeting with a Mexican trade delegation specialising in agriculture, services and IT.

The delegation was headed by the Mexican Ambassador to Qatar Graciela Gómez García, which was also met by a number of Qatari businessmen and representatives of local companies.

During the meeting, Al Kuwari discussed cooperation between Qatari and Mexican private sectors and highlighted the investments in both sides which focused on energy, food products, healthcare, sports and tourism. He also reiterated the interest of both countries’ business sectors to expand and develop their relations.

He noted that Qatar Chamber calls businessmen from both sides to explore business opportunities and review building new partnerships for the good of both economies.

For her part, the Mexican Ambassador said that the convergence between business communities in both countries, including the mutual visits of business delegations, have contributed to the growth of trade between the two countries.

She added that the Mexican delegation is eager to learn about investment opportunities and main sectors in the Qatari market and establish alliances and transactions with Qatari businessmen, especially since Qatar is witnessing a number of major projects in which the private sector is engaged.

Garcia noted that the Qatari-Mexican Business Council which was established last year will help in enhancing cooperation and coordination relations between businessmen from both sides, as well as in increasing trade volume, exploring investment opportunities, and overcoming obstacles faced by both countries’ investors.