Doha: Despite challenging conditions of the pandemic, Qatar-German bilateral trade volume reached at $946m (QR3.44bn) during the first six month of this year, indicating that it increased by nearly 10 percent, noted a senior official of Qatar Chamber during a global event.
Top officials of Qatar Chamber (QC) participated in the ‘11th Arab-German Energy Forum’ which kicked off yesterday via video conferencing. The virtual event is organised by the Ghorfa Arab-German Chamber of Commerce and Industry, in cooperation with the Federal Ministry for Economic Affairs and Energy and the Society for International Cooperation (GIZ).
QC Board Member Dr Khaled bin Klefeekh Al Hajri and QC General Manager Saleh bin Hamad Al Sharqi represented the Chamber at the forum. In statements, Dr Khaled Al Hajri said that the Arab-German relations have seen substantial development at all fields, stressing the importance of exchanging expertise between both parties in energy sector, particularly renewable energy, and its resources.
Al Hajri also indicated that the digital forum offers a good opportunity for investors and representatives of companies working in energy sector to underpin cooperation in this vital sector and expand the Arab-German commercial relations in various sectors, most prominently energy sector, affirming that the Arab countries are eager to take advantage of the vast expertise of German companies and industries in this vital sector.
Regarding the two countries’ trade volume, Al Sharqi pointed out that it amounted to $946m in the first half of this year despite the current circumstances of the pandemic, indicating that it increased by nearly 10 percent, from $ 2.1bn in 2018 to $2.3bn last year.
Saleh Al Sharqi lauded the distinct relations between Germany and Qatar, stressing that Germany has provided its scientific expertise to many strategic projects in the Arab countries, including the implementation of many infrastructure projects, foremost of which are infrastructure and energy projects.
He added that several German leading companies have participated in the implementation of various strategic projects in Qatar including electricity generation, noting that there are over 300 German companies operating in Qatar in various sectors.
The digital forum brought regional ministers, CEOs, policy makers and industry leaders together, to discuss and explore the challenges and opportunities facing the energy sector in the evolution and transformation to decarbonised energy systems. In his inaugural speech, President of the Ghorfa Arab-German Chamber of Commerce & Industry Dr Peter Ramsauer said the forum highlighted topics relating to investment in energy sector and strengthen cooperation between Arad and German companies in energy and renewable energy sources. He added that enhancing cooperation between Germany and Arab countries is a priority for the Arab-German Chamber of Commerce & Industry.
