Vice Chancellor and Federal Minister for Economic Affairs and Climate Action Dr Robert Habeck, and QC Chairman Khalifa bin Jassim Al Thani during the meeting.
Doha: Qatar Chamber (QC) recently held a meeting with a German businessmen delegation in the presence of Dr Robert Habeck, Vice Chancellor and Federal Minister for Economic Affairs and Climate Action and QC Chairman Khalifa bin Jassim Al Thani.
Also present at the meeting QC First Vice-Chairman Mohamed bin Twar Al Kuwari; Ambassador of Germany to Qatar H E Dr. Claudius Fischbac and a number of QC board members and prominent businessmen from both countries.
The meeting touched on developing economic and commercial relations, as well as the investment climate and opportunities available between both countries, especially in oil and gas fields. Speaking at the meeting, Dr Robert Habeck thanked the Qatar Chamber for the swift response to host the meeting, assuring that the visit’s objective is to examine vistas of long-lasting partnerships with Qatari firms in the areas of energy, oil, and gas.
The German Minister also noted that bilateral meetings between Qatari and German companies pave the way for learning about fields they can cooperate in and establish joint ventures.
He also praised the Qatari investments in his country, inviting Qatari investors to increase their investments and take advantage of the pro-investment climate and the abundance of opportunities it offers in all sectors.
“We are looking forward to a long-term and fruitful cooperation between business sectors from both friendly countries,” he stressed.
QC Chairman Sheikh Khalifa bin Jassim Al Thani lauded the strong and fast-growing relations between Qatar and Germany, noting that their bilateral trade volume exceeded $3bn last year, compared with $1.7bn in 2020, registering an increase of 76 percent, making Germany one of the most important trade partner to Qatar.
As for mutual investments, Sheikh Khalifa said that there are about 100 German companies that are operating in Qatar in various sectors such as trading, contracting, services, shipping, medical equipment, and devices.
He stressed that there is a clear German presence in many projects in Qatar such as infrastructure projects and those related to the 2022 FIFA World Cup, indicating that German companies enjoy a renowned international reputation due to the advanced technology.
On the other hand, he said, Qatari investments in Germany amounted to €25bn, expecting that the comping period will witness more investments in many sectors.
QC Chairman expressed his conviction that there is a room for cooperation between both sides in several sectors such as solar energy, technology, oil and gas, services, and environment and others, especially beyond the 2022 FIFA World Cup.
Sheikh Khalifa also supports and encourages enhancing cooperation and partnership between Qatari and German firms, and highly welcomes more German companies in the Qatar market to benefit from the German advanced technology.
“Qatar Chamber calls upon Qatari investors to explore business opportunities available in German, boost cooperation with German firms and forge genuine partnerships whether Qatar and Germany, especially that Germany is an attractive destination for investment and rife with a myriad of opportunities in most sectors,” he added.
Bilateral meetings between Qatari businessmen and members of the German delegation were held to review the possibility of establishing joint alliances and partnerships between them, whether in Qatar or in Germany.
