Qatari-Saudi Business Council discusses facilitating trade and …

Qatari-Saudi Business Council discusses facilitating trade and …

The Qatari-Saudi Business Council discussed ways to facilitate trade and investment exchange yesterday on the sidelines of the Made in Qatar 2023 exhibition, which will run until December 2 at the Doha Exhibition and Convention Centre (DECC).

The meeting was presided over by Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani and his Saudi counterpart of the business council Hamad bin Ali al-Shuwaier in the presence of council members from both countries.

It also focused on increasing mutual visits by the business council and its action plan for 2024 and the scheduling of the following meeting in the first quarter of next year. Discussions also touched on strategies to facilitate the establishment of companies and streamline trade and investment procedures between Qatar and Saudi Arabia.

Sheikh Khalifa said Qatar-Saudi Arabia trade exchange stood at QR2.2bn in 2022. He called for the strengthening of economic co-operation between the two countries. He highlighted that the ongoing efforts of the council stemmed from the commitment and support of the wise leadership in both nations.

Advancing economic and trade relations on a broader scale involves exploring new avenues of co-operation and partnership between Qatar’s private sector and its Saudi counterpart, he stressed.