Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani has underscored Qatar’s relationship with France, saying the Western European nation is “an important trade partner of the State.
Sheikh Khalifa made the statement during a meeting with members of a business delegation from the Qatari-French Economic League (Cadran) and the international branch of the Movement of the Enterprises of France (MEDEF), who are currently visiting the country.
The meeting was also attended by Qatar’s ambassador to France Sheikh Ali bin Jassim al-Thani, alongside a number of Qatar Chamber board members and several leading Qatari businessmen.
During the meeting, both parties reviewed commercial and investment relations between Qatar and France and ways to enhance them, as well as investment opportunities available in both countries and the possibility of establishing new commercial alliances.
Sheikh Khalifa underscored the chamber’s interest in strengthening co-operation relations between Qatari businessmen and their French counterparts to help increase the two countries’ bilateral trade, which stood at QR5bn (€1.2bn) in 2020.
“France is an important trade partner to Qatar,” he said, adding that there are many Qatari investors and businessmen in France, which has “an attractive investment environment and viable opportunities.”
Sheikh Khalifa also lauded the role of Cadran and MEDEF in bridging Qatari and French private sectors, and establishing a solid foundation for forging alliances and commercial partnerships between companies from both countries.
Cadran is an independent, non-profit organisation established in 2015 that includes in its membership major Qatari commercial institutions operating in France and major French companies operating in Qatar, among others.
It also aims to organise various academic and social events annually to promote dialogue and exchange of views between Qatari and French companies to gain a better understanding and comprehension of future investment projects.
MEDEF is an employer federation founded in 1998, which represents French companies and is greatly important at the level of the French social debate. It seeks to represent French companies vis-à-vis State institutions and unions. It has more than 750,000 member firms.