Qatar’s investments in Germany have reached €25bn, according to Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani, who recently headed a delegation to Berlin.
Sheikh Khalifa attended the Arab-German Chamber of Commerce and Industry meetings and the 22nd Arab-German Economic Forum together with Qatar Chamber board members Adel al-Mannai, Khaled Khlefeekh al-Hajri, and Rashid bin Nasser al-Kaabi.
Also in attendance were Qatar Chamber director general Saleh bin Hamad al-Sharqi and assistant director general for Government Relations Ali Busherbak al-Mansouri, as well as Qatar’s ambassador to Germany, Sheikh Saud bin Abdul Rahman al-Thani, who attended the opening ceremony.
The forum aims to enhance economic and trade relations between Arab countries and Germany, as well as developing co-operation ties among business owners from both sides, Qatar Chamber said in a statement.
Sheikh Khalifa stressed the importance of the forum in enhancing co-operation relations between the two sides, which would benefit the Arab and German economies. He said the volume of trade exchange between Arab countries and Germany is more than €56bn. There are efforts by both sides to increase this in the coming years, he said.
“Qatar and Germany are associated with an important level of political and economic co-operation, which reflected positively on the volume of trade between both countries, amounting to €1.9bn in 2018. More than 300 German companies are operating in Qatar,” Sheikh Khalifa said.
He also affirmed Qatar Chamber’s interest to strengthen trade co-operation with Germany through mutual visits and building partnerships between Qatari and German companies.
The Qatar Chamber official also urged both sides to explore the available investment opportunities in Qatar and Germany when implementing valued enterprises for both economies.