Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari recently held a meeting with Patrick Illing, the head of the Trade and Economic Affairs Section at the Delegation of the European Union in Riyadh.
The meeting, held at Qatar Chamber’s Doha headquarters, reviewed co-operation relations between Qatar and EU states in the commercial and economic fields, and ways to enhance them, as well as the investment opportunities available on both sides.
Al-Kuwari said Qatar and EU states “enjoy fruitful economic and commercial co-operation,” noting that there are many successful Qatari investments in different parts of Europe.
He said Qatar welcomes European investments in various sectors, such as services, hospitality, industry, construction, and technology, among others. He stressed that there are many co-operation opportunities for Qatari and European firms in Qatar, citing Qatar’s sophisticated infrastructure and pro-investment legislations.
Illing said the “distinct relations” between EU countries and Qatar “constitute a catalyst for more co-operation” between companies from both sides. He noted that the Enterprise Europe Network (EEN) in the EU could help strengthen co-operation between Qatari and European companies, especially in the small and medium-sized enterprises (SMEs) sector.
Both parties also discussed the possibility of organising a seminar for companies from both parties to explore areas of cooperation and investment opportunities available in all sectors.
The EEN is the world's largest support network for SMEs with international ambitions. It has 4,500 experts across 600 member organisations in more than 60 countries. Member organisations include chambers of commerce and industry, technology centres, and research institutes.
The network helps ambitious SMEs innovate and grow internationally, and provides international business expertise with local knowledge across a range of targeted services.