Qatar Chamber signs slew of MoUs to bolster ties with Hong Kong

Qatar Chamber signed Monday five memoranda of understanding (MoUs) with the Hong Kong General Chamber of Commerce, the Federation of Hong Kong Industries, the Hong Kong Investment Authority, the Hong Kong Trade Development Council, and the Hong Kong Banking Association.

The Qatar International Centre for Conciliation and Arbitration (QICCA) at Qatar Chamber also signed an MoU with the Hong Kong Bar Association. The MoUs were signed here during a visit by a high-level delegation led by John Lee, chief executive of the Hong Kong Special Administrative Region (HKSAR).

The signing ceremony was held in the presence of HE the Minister of Finance Ali bin Ahmed al-Kuwari, Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani, several board members of the chamber, and a group of prominent Qatari businessmen.

Lee said the MoUs will enhance cooperation in key sectors like trade, economy, investment promotion, tourism, technology, and infrastructure. He added that the MoUs will open avenues to establish more commercial partnerships.

Al-Kuwari emphasised the deep relations between Qatar and Hong Kong, particularly in trade and investments, noting that there are venues of cooperation between business sectors of both countries to strengthen trade and capitalise on the existing relations in various sectors like tourism and aviation.

The minister emphasised that Hong Kong serves as a gateway to Asia, while Qatar to the Middle East regions. He highlighted that business forums and the MoUs would contribute to developing commercial relations between both countries.

Meanwhile, Sheikh Khalifa lauded the strong and steadily growing relationship between Qatar and Hong Kong, “which is built on mutual trust, shared economic goals, and a joint commitment to creating new opportunities.”

He emphasised both sides’ interest in deepening cooperation across various sectors, with a particular focus on the private sector, especially in trade, investment, finance, and smart industries.

Sheikh Khalifa commended Hong Kong’s achievements over the decades, highlighting its position as one of the world’s leading economic and financial centres, its long-standing history of innovation and smart services, and its role as a pivotal trade gateway with an open and dynamic economic environment. He said this aligns with Qatar’s future vision of building a diversified and sustainable economy founded on advanced knowledge and technology.

Daniel Lam, chairman of the Hong Kong Trade Development Council (HKTDC), emphasised the growing trade and investment cooperation between Hong Kong and Qatar.

He noted the ‘Partnering for Success – Hong Kong as a ‘Super Connector’ & ‘Super Value-Adder’ luncheon held Monday in Doha will deepen trade and investment relations with Hong Kong’s key partners.