​
HE Sheikh Ahmed bin Jassim bin Mohammed Al -Thani, Minister of Economy and Commerce, met with HE Mr. S. Iswaran, Singapore’s Minister of Trade and Industry, on Tuesday October 17, 2017, on the sidelines of the Qatar-Singapore Economic Forum, with the participation of Qatari and Singaporean businessmen.
The ministers highlighted friendly ties between Qatar and Singapore, and discussed the promotion of bilateral ties in the economic, trade and investment fields.
HE Sheikh Ahmed highlighted the competitiveness of Qatar’s economy, business environment and investment opportunities in Qatar.
Singapore ranks as Qatar’s 7th largest trade partner, with a total of 12.2 billion Qatari riyals ($3.4billion) worth of traded goods in 2016, the equivalent of 3.8% of Qatar’s total trade exchange around the world.
Qatari exports to Singapore amounted to approximately QR 10.9 billion in 2016, the equivalent to $3 billion, while the value of imports amounted to about QR 1.3 billion, the equivalent of $356 million.