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

Business / Qatar Business

QC reviews commercial relations with Australia

Published: 04 May 2023 - 09:22 am | Last Updated: 04 May 2023 - 09:22 am
Qatar Chamber, First Vice-Chairman, Mohamed bin Twar Al Kuwari (right) in conversation with the President and National Chairman of AACCI Mohamed Hage.

Qatar Chamber, First Vice-Chairman, Mohamed bin Twar Al Kuwari (right) in conversation with the President and National Chairman of AACCI Mohamed Hage.

The Peninsula

Doha: Qatar Chamber (QC) First Vice-Chairman Mohamed bin Twar Al Kuwari met yesterday with President and National Chairman of the Australia Arab Chamber of Commerce and Industry (AACCI) Mohamed Hage.

The meeting touched on strengthening cooperation between both chambers and reviewing the investment climate and opportunities on Qatar and Australia.
Mohamed bin Twar Al Kuwari praised the friendly relations between the two countries, noting that the volume of trade exchange between Qatar and Australia reached QR 4.2bn in 2022, showing 20% growth compared to QR3.5bn in 2021, and that Qatar exports fertilizers, aluminum and polymers to Australia, while the top imports from Australia include meat and aluminum oxide.

Mohamed bin Twar stressed the interest of Qatari investors to explore the investment opportunities galore in Australia, emphasizing the importance of cooperation between QC and AACCI In order to organise business meeting and seminars to explore the investment opportunities galore and establishment of mutual projects.Mohamed Hage Said that the two countries enjoy distinctive relations pointing out that his visit aimed at reviewing prospects for cooperation between Australia Arab Chamber of Commerce and Industry and Qatar Chamber, and enhancing the communication between businessmen in both countries.

Al Haj also said that there is room for furthering cooperation between privete sector in both sides in various fields, including agricultural technology, mining, food security and tourism.

He said that 10,000 Australian visited Qatar during the 2022 World Cup.