Doha – Sunday, April 17, 2022:

His Excellency Sheikh Mohammed bin Hamad bin Qassim Al Thani, Minister of Commerce and Industry, met today with His Excellency Mr. Moon Sung-wook, Minister of Trade, Industry and Energy of the Republic of Korea, currently visiting Qatar.

During the meeting, the officials touched on the commercial, industrial, and investment relations between the State of Qatar and the Republic of Korea, as well as ways to enhance and develop them. They also discussed aspects of joint cooperation between the two sides.

H.E. the Minister of Commerce and Industry highlighted the economic policies Qatar has put in place to support the private sector and pointed to the incentives, legislations, and promising opportunities that allow Korean companies to expand and invest in the State of Qatar.

It is worth noting that the State of Qatar and the Republic of Korea have strong economic and trade relations, as the volume of trade exchange between them amounted to nearly $11.57 billion in 2021. The Republic of Korea ranks as the State of Qatar’s fourth trading partner.

-Ends-