Qatar Chamber explores enhancing cooperation with Turkiye's TUSIAD

Qatar Chamber (QC) hosted on Monday a delegation from the Turkish Industry and Business Association (TUSIAD). QC and TUSIAD held a meeting where the Qatari side was headed by HE First Vice-Chairman of Qatar Chamber, Mohamed bin Twar Al Kuwari while the Turkish delegation was led by TUSIAD board member, Cagatay Ozdoru.The meeting was also attended by HE Second Vice-Chairman of QC Rashid bin Hamad Al Athba, and board members Dr Mohamed bin Jawhar Al Mohamed and Shaheen bin Mohamed Al Mohannadi.The meeting touched on trade and economic relations between the two countries and ways to develop them, in addition to reviewing key areas of cooperation between the Qatari and Turkish private sectors. It also highlighted the investment climate and opportunities available in both countries.Mohamed bin Twar stressed the strength of economic relations between Qatar and Turkiye, noting that recent years have witnessed rapid growth in bilateral ties, supported by mutual visits at the level of leaders, officials, and business delegations, as well as the shared commitment to building strategic partnerships that serve the interests of both countries and open new horizons for the private sector.He noted that Turkiye is an important trading partner for Qatar, with the volume of trade exchange between the two countries reaching around QAR 4.5 billion last year.He pointed out that hundreds of Turkish companies are operating in Qatar across various sectors, including construction, infrastructure, industry, services, and logistics. He also stressed that Turkiye represents a key investment destination for Qatari business owners, with Qatari investments expanding in sectors such as real estate, food, industry, and tourism.QC First Vice-Chairman emphasised that the meeting presents an important opportunity to enhance cooperation between Qatari and Turkish companies and explore new partnerships in sectors of mutual interest. He also affirmed the Chamber's keenness to strengthen cooperation with economic institutions in Turkiye and its readiness to provide all forms of support to enable the private sectors in both countries to benefit from the available opportunities.For his part, Cagatay Ozdoru praised the close relations between Qatar and Turkiye, noting that TUSIAD is the largest and most influential organisation representing the business sector in Turkiye, encompassing major industrial and financial companies and business families.

He highlighted the Turkish side's interest in forming commercial alliances with Qatari companies to establish investments in Turkiye, stressing that the Association can serve as a key reference for information required by Qatari investors seeking to invest in the Turkish market. He also called on Qatar Chamber to organise a visit for a Qatari business delegation to Turkiye to explore the available investment opportunities.QC Second Vice-Chairman Rashid bin Hamad Al Athba stressed the deep relations between the two countries, noting that many Qatari investors own significant investments in Turkiye and are looking forward to further expanding them. He added that, on the other hand, there are numerous investment opportunities in the Qatari market that Turkish businesspeople can seize, especially given the many advantages and incentives offered by the State of Qatar to attract foreign investments.The meeting concluded with a discussion session between business representatives from both sides, during which they explored prospects for future cooperation and the investment opportunities available in Qatar and Turkiye.