Qatar-Turkiye trade reaches QR4.4bn in 2023

Trade volume between Qatar and Turkiye stood at QR4.4bn in 2023, an official of Qatar Chamber stated during the Qatar-Turkiye Business Meeting held in Doha Tuesday.
Qatar Chamber first vice-chairman Mohamed bin Towar al-Kuwari underscored the robust economic co-operation of both countries, saying there is a significant presence of Turkish companies operating in Qatar’s trading, contracting, healthcare, manufacturing, services, and hospitality sectors, among others.
Al-Kuwari, who spoke at the meeting in the presence of Kalkavan Global Group chairman Faruk Kalkavan, said Qatar-Turkiye relations have witnessed substantial growth in recent years across all fields, particularly in economic and commercial domains.
He said this stems from the strong and cooperative relationship between the leadership of both countries, which led to the signing of numerous agreements and Memoranda of Understanding across various sectors, as well as an increase in high-level visits and engagements between business sectors from both sides.
Al-Kuwari said many Qatari investors in Turkiye are operating in various sectors including tourism, and real estate, among others, adding that Turkiye is a distinguished destination for Qatari investments. Qatar stands as one of the largest investors in Turkiye, reflecting the strong economic ties and mutual investment interests between the two countries, he noted.
According to al-Kuwari, Qatar Chamber recently participated in the ‘Qatar-Turkiye Business Forum’ in Istanbul, which witnessed great participation from Qatari companies on the sidelines of the first meeting of the Qatar-Turkiye Joint Economic and Trade Commission (JETCO).
Al-Kuwari hopes that JETCO would be a valuable addition to co-operation process between both countries, asserting that it would play a major role in enhancing co-operation between the Qatari and Turkish private sectors for the advancement of intra-regional trade and the exchange of investments in both countries.
He urged Turkish companies to enhance their investments in Qatar and strengthen co-operation with their Qatari counterparts by establishing alliances and partnerships across all sectors.
Moreover, al-Kuwari emphasised Qatar Chamber’s support for co-operation between the business sectors in both countries, assuring that the chamber is working to enhance co-operation and partnership between Qatari and Turkish companies.
On the other hand, al-Ansari expressed the eagerness of Qatari businesses to strengthen co-operation with their Turkish counterparts and emphasised a shared desire to establish alliances and partnerships between Qatari and Turkish companies.
Kalkavan, meanwhile, lauded the close relations between Qatar and Turkiye, describing them as “special and distinguished,” particularly in the economic and commercial domains. He noted that many Turkish companies are eager to enter the Qatari market.