Doha, May 12 (QNA) - HE Undersecretary of the Ministry of Commerce and Industry Mohammed bin Hassan Al Malki met Sunday with a delegation of the United States Chamber of Commerce headed by Senior Vice President of Middle East and Turkiye at the US Chamber of Commerce Khush Choksy, on the occasion of his visit to the country.
During the meeting, they discussed ways to promote cooperation between the Ministry of Commerce and Industry and the US Chamber of Commerce in commercial, investment, and industrial fields. They highlighted the available opportunities to increase trade exchange, given the potential and capabilities of the State of Qatar and the US economies.
The two sides discussed mechanisms to support joint investments and stimulate the private sector to establish innovative investment projects in key sectors that would serve the economic trends of both the State of Qatar and the US.
HE the Undersecretary of the Ministry of Commerce and Industry emphasized that this meeting embodies the close relations that bind the State of Qatar and the United States of America, as well as underscores the two countries' commitment to enhancing trade and economic ties.
His Excellency pointed out that the US is the sixth trading partner of the State of Qatar, as the volume of trade exchange between the two countries increased in 2023 to USD 6.47 billion, confirming the strength of the economic ties between the two sides.
His Excellency noted that the Qatar-US Strategic Dialogue, which was held recently in Washington, DC, strengthened the long-term partnership between the two countries. He pointed out that the strategic dialogue is an important platform for strengthening relations and exploring new opportunities for cooperation between the two countries.
His Excellency also addressed the State of Qatar's third national development strategy, stressing that it provides promising opportunities for partnership and investment between the State of Qatar and the US in a number of sectors, including manufacturing, logistics services, information technology, finance, agriculture, healthcare, and other sectors to achieve the common goals of the two countries.
During the meeting, visual presentations were displayed by the Investment Promotion Agency Qatar (Invest Qatar) and the Qatar Financial Centre (QFC), which highlighted the performance of the national economy, the investment climate in the State of Qatar, and the available opportunities and economic incentives provided by Qatar to attract investments, in addition to providing the necessary support and facilities for American companies wishing to work in the Qatari market.
At the conclusion of the meeting, the two sides stressed the importance of exchanging visits between businesspersons and encouraging cooperation between government agencies and the private sector to serve the common interests of the State of Qatar and the United States of America. (QNA)