H.E Qatar’s Minister of Economy and Commerce meets with representatives of the Charleston Regional Development Alliance

April 18, 2018

​On the sidelines of Qatar’s Economic Roadshow in Charleston, South CarolinaH.E Qatar’s Minister of Economy and Commerce meets with representatives of the Charleston Regional Development Alliance
 
H.E. Sheikh Ahmed bin Jassem bin Mohammed Al-Thani, Qatar’s Minister of Economy and Commerce, met with representatives of the Charleston Regional Development Alliance. The meeting was attended by a number of CEOs from major companies in South Carolina in health, technology, training and development sectors.
The officials met over a business lunch organized on the sidelines of Qatar’s Economic Roadshow in Charleston, South Carolina.
Discussions touched on the prospects for joint cooperation in the economic, trade and investment fields and the promotion of bilateral relations. Attendees also discussed the investment incentives that Qatar is offering and the economic diversification strategy pursued by the state to achieve the Qatar National Vision 2030, which significantly contributes to the nation’s development.
The alliance brings together a growing network of investors, staff, business, academic and governmental partners committed to strengthening regional employment and building a base of high-value industries to improve the three-county Charleston region’s economy into the future. The Charleston Regional Development Alliance also serves as a catalyst for long-term regional prosperity by attracting the world’s best companies, talent, and entrepreneurs.
US-Qatari bilateral investment and economic relations have grown significantly since the signing of the Trade and Investment Framework Agreement – or TIFA – back in 2004.
The US is one of the most important Qatar’s trading partners, with a volume of US$6 billion, and is the primary source for Qatari imports, with 16% of Qatar’s imports coming from the US in 2017.
More than 650 American companies currently operate in Qatar, of which 117 are fully owned U.S companies.