H.E. Minister of Commerce and Industry meets with Iraqi Prime Minister and Parliament Speaker

H.E Mr. Ali bin Ahmad Al Kuwari, Minister of Commerce and Industry, held on Sunday separate meetings with H.E. Mr. Adel Abdul Mahdi, Iraq’s Prime Minister, and H.E. Mr. Mohammed Al Halbusi, Iraqi Parliament Speaker. The meetings took place within the framework of H.E. Mr. Al-Kuwari’s visit to Iraq.

 

Discussions touched on the promotion of bilateral relations and the development of joint cooperation, particularly in the fields of trade, investment and industry in light of the friendly ties and strategic interests that Qatar and Iraq share.

 

Discussions also touched on the developments that the Qatari economy has witnessed in recent years and the investment incentives that Qatar is offering across various sectors. These include a law regulating the investment of non-Qatari capital in economic activity, and initiatives to support the private sector and bolster its contribution to overall economic development, as well as to attract foreign direct investment and encourage Iraqi companies to invest in the Qatari market.

 

Qatar and Iraq enjoy close trade ties that have reflected positively of the volume of bilateral trade, which reached QR472 million in 2018.

 

Speaking at the first Qatari-Iraqi Businessmen Forum organized within the framework of the visit of Qatar’s delegation to Iraq

H.E. Mr. Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, chaired Qatar’s delegation to the first Qatari-Iraqi Businessmen Forum that was organized in Baghdad on Sunday, 17 March 2019 within the framework of the Qatari delegation’s visit to Iraq.

In his opening remarks, H.E Mr. Al-Kuwari said the forum builds on the series of official visits and the ongoing efforts by Qatari and Iraqi businessmen and trade and investment delegations to lay the foundations of economic cooperation and promote innovative investment projects that serve the aspirations of both countries.

H.E. added that Qatar and Iraq enjoy close relations and a history of geographical and cultural ties, which reflected positively on the level of bilateral cooperation in various fields, particularly on the trade, economic and investment levels.

Despite regional geopolitical and economic uncertainties over the past years, Qatari-Iraqi bilateral trade increased from QR 226 million in 2016 to QR 472 million in 2018, H.E. said, noting that the growth in bilateral trade reflects the keenness of both countries to establish solid trade and investment partnerships.

H.E. stressed that Qatar and Iraq should capitalize on their potential and create an appropriate environment and clear frameworks to meet the developmental aspirations of both countries.

Touching on Iraqi investments in Qatar, H.E. praised the Iraqi private sector, noting that around 268 companies, jointly owned by Qatari and Iraqi citizens, and four companies fully owned by Iraqi nationals, are currently operating in Qatar.

H.E. said he looks forward to intensifying the exchange of visits and meetings as well as the organization of events such as today’s forum, which provides a key opportunity for networking and the discussion of future trade and investment cooperation mechanisms.

On another note, H.E. highlighted that Qatar has succeeded, thanks to its wise leadership to cement its position as a leading investment destination in the region despite the unjust blockade imposed on the country since 2017.

In this context, Qatar has sought to open its economy to the world by strengthening relations with its various trading partners, particularly Iraq, which is strategically positioned to contribute to regional economic growth and trade activities, H.E. said.

H.E. highlighted the advantages of Qatar’s business-friendly environment and state-of-the-art logistics infrastructure.

H.E called on Iraqi companies to set up industrial projects in various sectors, particularly the food and pharmaceutical industries, noting that foreign companies which serve the Iraqi market may establish industrial facilities in free zones and export their products to the Iraqi market or expand into new regional markets.

 

 

H.E concluded his remarks by noting that the visit of the Qatari delegation to Iraq reflects the determination of both countries to further consolidate cooperation and establish strong strategic partnerships that align with their shared objectives of sustainable development.

H.E. the Minister of Commerce and Industry attended the signing ceremony of a Memorandum of Understanding (MoU) between Qatar Polymer Industrial Company and Al Qawas Real Estate Investments Company.

The forum, which brought together a large number of businessmen, investors and executives from major Qatari and Iraqi companies operating in various industries, featured bilateral meetings that focused on promising investment opportunities in both countries. Discussions also touched on the development of long-term economic cooperation mechanisms.

The first Qatari-Iraqi businessmen forum aims to enhance bilateral trade, investment and industrial cooperation and promote dialogue between representatives of the Qatari and Iraqi private sectors to lay the foundations for investment projects that serve the interests of both countries.

 

 

Ministry of Commerce and Industry participates in 2019 National Scientific Research Week’s activities

The Ministry of Commerce and Industry has participated in the National Scientific Research Week 2019, which was held under the theme “Promising Researchers for Qatar.” The event, which took place on March 10-13 at the Qatar National Convention Center, was organized by the Ministry of Education and Higher Education in partnership with the Qatar National Research Fund, a member of Qatar Foundation for Science, Education and Community Development.

 

The Ministry’s participation in the event was aimed at raising awareness of the importance of intellectual property protection and promoting innovation and creativity among students, innovators and inventors, in a bid to equip youth with the practical and professional skills to protect their inventions. The event falls in line with the Ministry’s ongoing efforts to instill a culture of intellectual property rights in the local community, by seeking to empower inventors and innovators to preserve their inventions.

 

During the event, the Ministry organized an awareness campaign to educate preparatory and secondary school students who showcased innovative projects on intellectual property protection and the importance of registering intellectual property rights, copyrights or trademarks to protect creative ideas against infringements.

 

Students were also briefed on the Ministry’s initiatives in terms of adopting the highest international standards in the protection of intellectual property rights as well as providing a high-quality integrated electronic system to support and enable owners of trademarks, inventors, innovators, authors and holders of neighboring rights to preserve their rights and protect their work and inventions.

 

H.E. Minister of Commerce and Industry meets with Advisor to the Prime Minister of Pakistan on Commerce and Investment

H.E. Mr. Ali bin Ahmad Al Kuwari, Minister of Commerce and Industry, met with H.E. Mr. Abdul Razzaq Dawood, Advisor to the Prime Minister of Pakistan on Commerce and Investment. The meeting took place on the sidelines of the Pakistan- Qatar Trade and Investment Conference in Doha.

 

Discussions touched on the promotion of bilateral relations and the development of joint cooperation, particularly in the fields of trade, investment and industry in light of the friendly ties and strategic interests that Qatar and Pakistan share.

 

The meeting focused on the latest developments that the Qatari economy witnessed over the past years, investment opportunities across various sectors, the legislations that has Qatar adopted and the initiatives being undertaken to support the private sector, attract foreign direct investment and encourage Pakistani companies to invest in Qatar.

 

Discussions also touched on the development of mechanisms aimed at supporting joint investments and encouraging the private sector to establish innovative investment projects in key sectors that would serve the economic aspirations of both countries.

 

Qatari-Pakistani bilateral trade increased by 233% to around $2.6 billion in 2018 compared to $782 million in 2016.

 

H.E. Minister of Commerce and Industry underscores strength of bilateral Qatari-Pakistani relations

H.E. Mr. Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry and H.E. Mr. Abdul Razzaq Dawood, Advisor to the Prime Minister of Pakistan on Commerce and Investment, co-chaired the Pakistan- Qatar Trade and Investment Conference held in Doha under the patronage of the Qatar Financial Centre.

 

The conference was organized in collaboration with the Embassy of Pakistan and the Pakistan Professionals Forum in Qatar.

 

In his opening remarks, H.E. the Minister of Commerce and Industry underscored the momentum that the Qatari-Pakistani relations have gained over the past decade as evidenced by the significant increase in Qatari-Pakistani bilateral trade, which grew by 233% to around $2.6 billion in 2018 compared to $782 million in 2016.

 

 

In this context, H.E. said bilateral trade could be further bolstered through the activation of a number of existing Qatari-Pakistani agreements that have been designed to promote investment and trade relations. These agreements include an economic and technical cooperation agreement signed in 1984 and another agreement on the promotion and reciprocal protection of investments dating back to 1999, H.E. noted.

 

Touching on joint investments, H.E. said around 1488 companies, jointly owned by Qatari and Pakistani citizens, are currently operating in Qatar in the fields of energy, contracting, plastic industries and the leasing of heavy equipment. Qatar is also home to seven companies fully owned by Pakistani citizens, H.E. added.

 

Elaborating on the country’s business environment, H.E. said Qatar has successfully cemented its position as one of the region’s most stable, competitive and diversified economies as evidenced by the rising contribution of non-oil sectors to GDP, which reached around 52% in 2017.

 

Along the same lines, Qatar has fast tracked the implementation of measures aimed at attracting foreign direct investment, H.E. said, inviting Pakistani investors to explore the promising opportunities that Qatar offers, particularly in terms of investment projects being undertaken within the framework of the Qatar National Vision 2030 and in preparation for the 2022 FIFA World Cup.

 

In his concluding remarks, H.E. expressed hope that the conference will lay the foundations of successful investment partnerships between the Qatari and Pakistani private sectors in the industrial and agricultural sectors among other industries in a bid to promote self-sufficiency and food security which will serve the shared objectives and interests of both countries.

 

The Pakistani delegation included H.E Mr. Syed Ahsan Raza, Pakistan’s Ambassador to Qatar, and H.E. Mr. Haroon Sharif, Chairman of Pakistan’s Board of Investments, along with a large number of businessmen, officials, decision makers and investors.

 

The conference featured panel discussions by Qatari officials on the characteristics of Qatar’s business environment and investment opportunities in various promising economic sectors including logistics, Fintech, media, sports, fertilizers, chemicals and free zones.

 

Mr. Yousif Mohamed Al Jaidah, CEO of Qatar Financial Centre, also shed light on the new emerging belt initiative.

 

Members of the Pakistani delegation, on the other hand, elaborated on Pakistan’s business environment and investment opportunities in a number of promising sectors including tourism, hospitality, logistics, food, agriculture and advanced technology.

 

The conference featured a Q&A session during which senior Pakistani executives expressed interest in bolstering their investments in Qatar and establishing new projects.

 

The conference featured bilateral meetings between Qatari and Pakistani businessmen, during which they reviewed investment opportunities in both countries and discussed efforts to build long-term economic cooperation mechanisms.

 

The conference falls in line with efforts to expand trade, investment and industrial cooperation and engage the Qatari and Pakistani private sectors to establish joint investment projects to the benefit of both countries.

 

H.E. Minister of Commerce and Industry meets with New Zealand’s Parliamentary Under-Secretary for Foreign Affairs

H.E Mr. Ali bin Ahmad Al Kuwari, Minister of Commerce and Industry, met with H.E. Mr. Fletcher Tabuteau, New Zealand’s Parliamentary Under-Secretary for Foreign Affairs who is currently visiting Doha.

 

Discussions touched on the promotion of bilateral relations and the development of joint cooperation, particularly in the fields of trade, investment and industry in light of the friendly ties between Qatar and New Zealand.

 

The meeting focused on the latest developments that the Qatari economy witnessed over the past years, investment opportunities across various sectors and the legislations that has Qatar adopted and the initiatives being undertaken to support the private sector, attract foreign direct investment and encourage New Zealand companies to invest in Qatar.

 

Discussions also touched on the development of mechanisms aimed at supporting joint investments and encouraging the private sector to establish innovative investment projects in key sectors that would serve the economic aspirations of both countries.

 

In 2018, Qatar and New Zealand exchanged goods valued at around QR 300 million.

 

 

Austrian-Qatari Business Forum discusses promotion of investment and trade cooperation

H.E. Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, has underscored the importance of promoting investment and trade cooperation between Qatar and Austria and praised the friendly relations between the two countries as evidenced by the exchange of high-ranking official visits since the 1970’s when Qatar opened its embassy in Austria.

 

H.E. delivered his remarks as he co-chaired with H.E Mr. Harald Mahrer. President of the Austrian Federal Economic Chamber, the Austrian- Qatari Business Forum which took place on Tuesday 5 March 2019 in Vienna.

 

In his opening speech, H.E. Mr. Al Kuwari called on Qatar and Austria to capitalize on their potential to further bolster bilateral trade, which was valued at around 187 million euros in 2018.

 

H.E. emphasized that bilateral trade agreements represent a strategic advancement that would pave the way for the establishment and activation of the Austrian-Qatari Businessmen Council, a move that will strengthen bilateral cooperation and support the establishment of joint development projects.

 

Praising the contribution of over 51 Austrian companies that are currently operating in Qatar to the country’s rapidly expanding economy, H.E. said Qatar looks forward to welcoming Austrian investors to take advantage of the promising opportunities that Qatar offers.

 

These include investment projects being undertaken within the framework of the Qatar National Vision 2030 and in preparation for the 2022 FIFA World Cup.

 

Touching on Qatar’s economic environment, H.E. highlighted that the nation has cemented its position as one of the region’s most stable, competitive and growth-oriented economies, as evidenced by the rising contribution of the non-hydrocarbon sector to national GDP, which reached around 52% in 2017.

 

Quoting the World Bank, H.E. said the Qatari economy is expected to grow at 2.7% in 2019 and 3% in 2020.

 

H.E. argued that these positive economic indicators demonstrate the success of Qatar’s policies as outlined in the Second National Development Strategy 2018-2022, which focuses on providing support for the private sector to enhance the competitiveness and diversification of the national economy.

 

Along the same lines, Qatar has sought to open its economy to the world, H.E. said, noting that the government has waived visa requirements for citizens from over 80 countries.

 

Qatar is also modernising its infrastructure to increase trade with its various partners around the world, H.E. said, noting that these efforts have been supported by Qatar Airways, which operates a fleet of more than 230 aircraft that fly to over 160 destinations worldwide through Hamad International Airport, one of the world’s leading international airports with an annual capacity of 50 million passengers.

 

Hamad Port, one of the largest in the Middle East, is also playing a pivotal role in linking Qatar to the world’s major economies through direct shipping lines, H.E. said, adding that the port has cemented Qatar’s position as a major transit hub with links to more than 40 ports in three continents.

 

H.E. concluded his remarks by expressing hope that this forum will pave the way for successful investment partnerships that will serve Qatar and Austria’s shared objectives and interests.

 

The forum brought together H.E. Sheikh Khalifa bin Jassim bin Mohammed Al Thani, Chairman of Qatar Chamber, H.E. Sheikh Faisal Bin Qasim Al Thani, Chairman of the Qatari Businessmen Association, Mr.Franz Wessig Deputy Vice Minister at the Austrian Federal Ministry of Digital and Economic Affairs, along with a large number of businessmen, senior officials, decision-makers and investors from both countries.

 

Speaking at the forum, H.E Sheikh Khalifa bin Jassim Al Thani, underlined the strength of relations between Qatar and Austria in various fields, particularly on the economic and trade levels.

 

H.E. Sheikh Khalifa noted that both countries are keen on enhancing trade and investment cooperation and strengthening ties between their business communities to the benefit of both nations, which enjoy close ties amid efforts by the Qatari and Austrian private sectors to bolster trade.

 

H.E. explained that the Qatari private sector considers Austria to be a unique and attractive investment destination, noting that Qatari businessmen are seeking to identify new investment opportunities and explore further partnerships and alliances with their Austrian counterparts to develop joint investment projects in both countries.

 

H.E. Sheikh Khalifa highlighted Qatar’s investment-friendly environment, noting that the blockade imposed on Qatar since mid-2017 contributed to empowering the Qatari private sector to enhance its contribution to productive projects instead of relying on the import of goods from neighbouring countries.

 

He concluded his remarks by expressing hope that the forum will pave the way for further cooperation in the fields of trade and economy, and will inspire businessmen from both countries to enter into new partnerships and projects that benefit both economies.

 

For his part, H.E. Sheikh Faisal Bin Qasim Al Thani said Qatar was keen on bolstering and developing partnerships with Austria, both on the governmental and private levels.

 

H.E. stressed that Qatar and Austria are well equipped both socially and economically to succeed, noting that success factors are supported by the safe investment climate which governed by laws and legislation that facilitate business activities and both countries’ advanced rankings on global indicators.

 

H.E. added that Qatar is prioritizing the implementation of comprehensive and sustainable development policies by 2030 by seeking to promote foreign investments, the adoption of advanced technologies and the localization of highly competitive industries.

 

To advance these objectives, Qatar is offering incentives to foreign investors in line with the investment law which allows up to 100% foreign ownership in the majority of economic sectors in addition to taking advantage of advanced logistics services, H.E. Sheikh Faisal said.

 

H.E. the Chairman of the Qatari Businessmen Association expressed hope that the forum will pave the way for new partnerships to gain better insight into the business environment in both countries.

 

H.E. Minister of Commerce and Industry attended the signing ceremony of a memorandum of understanding between Qatar Chamber and the Austrian Federal Economic Chamber.

 

The forum featured presentations on the investment opportunities that Qatar offers promising economic sectors. Mr. Abdulbasit Al-Ajji, Director of Business Development and Investment Promotion Department at the Ministry of commerce and Industry, delivered a presentation on the “Invest in Qatar” project while Ali Hassan Al Neama, Commercial Manager at the Supreme Committee for Delivery and Legacy, shed light on projects being implemented in the framework of the FIFA World Cup 2022. For his part, Mr. Fahad Zeinal, Chief Corporate Services Officer at Qatar Free Zone, delivered a presentation entitled “Discover Qatar Free Zones” while Eng. Ahmed Al Saleh, Lusail Tram Project Director, highlighted the projects being implemented in this context.

Mr. Fahad Al Kaabi, CEO of Manateq, familiarized participants with the characteristics of the economic zones.

 

Philipp Schramel, Austrian Commercial Attaché in Doha, shed light on the characteristics of Qatari-Austrian economic relations. A presentation was also screened on Austrian companies.

 

The forum also featured bilateral meetings between Qatari and Austrian businessmen, during which they reviewed investment opportunities in both countries and discussed efforts to build long-term economic cooperation mechanisms.

 

On the sidelines of the forum, several agreements were signed between the Qatari private sector and its Austrian counterpart.

 

The forum falls in line with efforts to expand trade, investment and industrial cooperation and engage the Qatari and Austrian private sectors to establish joint investment projects to the benefit of both countries.

 

H.E. Minister of Commerce and Industry underscores strength of bilateral Qatari-German relations

The Sixth Session of Qatari-German Joint Commission on Economic, Trade and Technical cooperation kicked off in Berlin to discuss the development and promotion of bilateral economic and trade relations.

The session was co-chaired by H.E. Ali Bin Ahmed Al Kuwari, Minister of Commerce and Industry, and H.E. Thomas Bareiß, Germany’s Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy.

In his opening speech, H.E. Mr. Al Kuwari hailed the close relations between Qatar and Germany, noting that bilateral ties have gained momentum following the historic visit of His Highness the Amir Sheikh Tamim bin Hamad Al-Thani to Germany last September, during which H.H. the Amir announced Qatar’s intention to invest 10 billion Euros to support the German economy over the next five years.

Several important agreements were signed during the session, including one relating to the establishment of the Qatari-German Businessmen Council, which will play a key role in bolstering joint efforts to develop strategic bilateral cooperation.

H.E. highlighted Qatar’s successful participation in the Hannover International Trade Fair marked a new milestone in the historic journey of Qatari-German partnerships.

H.E. noted that Qatar and Germany enjoy close political and economic ties, which have reflected positively on the value of bilateral trade, which reached 1.9 billion euros in 2018, accounting for 1.8 percent of Qatar’s total foreign trade.

H.E. noted that over 300 German companies operating in Qatar play an important role in supporting the development of the country across vital industries including the manufacturing, services, telecommunications, transport and infrastructure sectors, among others.

On the other hand, Germany represents an attractive destination for Qatari investments, which exceeded 25 billion Euros by 2018, H.E. said. Qatar Investment Authority has provided support for various vital areas of the German economy, including the automotive, telecommunications, hospitality, and banking sectors, among other industries.

H.E. outlined the economic policies that Qatar has embraced over the years to accomplish its National Vision 2030.

H.E. said Qatar has adopted integrated strategies to diversify its economy while encouraging the private sector to invest in non-oil activities and sectors such as renewable energy, technology, small and medium-sized industries and infrastructure.

Qatar has also sought to attract foreign direct investments and promote the localization of industries to achieve self-sufficiency and strengthen its economy, H.E. said.

German companies that choose to set up shop in Qatar will find a multitude of investment opportunities to tap, H.E. said, referring to development projects being undertaken within the framework of the Qatar National Vision 2030 and ahead of preparations to host the 2022 FIFA World Cup.

H.E. noted that Qatar’s foreign trade also witnessed remarkable growth in 2018 as exports increased by 25%, while the trade balance hit a surplus of 46.6 billion Euros, an increase of 40% compared to 2017.

In this context, H.E. underscored the importance of pursuing efforts to increase the number of direct flights between Qatar and Germany.

In his concluding remarks, H.E. voiced hope that the Sixth Session of the Qatari-German Joint Commission on Economic, Trade and Technical Cooperation will result in fruitful outcomes in the best interest of both countries.

For his part, H.E. Thomas Bareiß said the joint economic commission is the premier focal point where representatives of government as well as of business meet.

“The German-Qatari economic relations are excellent but there is still room for further deepening. Germany looks forward to fully contribute with its excellent product and services to the diverse economy of Qatar while at the same time inviting Qatar to the strongest economy of the European Union,” H.E added.

During the meeting, both sides welcomed the impetus that had been brought to Qatari-German relations through the visit of H.H. the Amir of Qatar to Berlin last September.

Officials discussed the promotion of bilateral cooperation in the energy, industry, agriculture, transportation, health, education, sports, technology and cultural fields.

Both sides agreed to expand bilateral trade relations through the development of long-term partnerships, while welcoming initiatives undertaken by the private sectors in both countries to strengthen bilateral economic cooperation mechanisms.

Officials also stressed the importance of bilateral investments and their contribution to sustainable economic development.

The two sides agreed to take the necessary steps to advance trade and investment cooperation in a bid to increase bilateral trade and facilitate the flow of goods, services and investments between the two countries.

Both sides agreed to hold the Seventh Session of the Qatari-German Joint Commission in Doha during a date to be mutually agreed.

Both sides also welcomed the development of communication channels to develop the education sector in both countries, particularly in relation to technology and vocational education. Both sides also encouraged participation in education fairs, exhibitions and conferences relating to higher education, scientific research and technology.

For his part, H.E. Sheikh Nawaf Bin Nasser Al Thani, co-Chairman of the German-Qatari Joint Task Force for Trade and Investment, voiced hope that both sides will coordinate efforts to establish action plans to address the challenges facing businessmen in both countries.

H.E. Sheikh Nawaf highlighted the strength of the German economy and signficant developments in the fields of scientific, research, industrial and technology. H.E. noted that Qatar’s unique investment activities in Germany provide further incentives to strengthen investment relations and enhance communication between the business sectors in both countries. H.E. added that the private sector is currently channeling part of the Qatari-German investments into small and medium enterprises, which represents pillars of economic development in both countries.

H.E. Minister of Commerce and Industry and H.E. Germany’s Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy, co-signed the minutes of the Sixth Session of the Qatari-German Joint Commission on Economic, Trade and Technical Cooperation.

On the sidelines of the session, H.E. Minister of Commerce and Industry visited the German parliament.

The session brought together H.E. Sheikh Khalifa bin Jassim Al-Thani, Chairman of Qatar Chamber, H.E . Hassan Al Thawadi, Secretary General of the Supreme Committee for Delivery & Legacy, H.E. Sheikh Nawaf Bin Nasser Al Thani, co-Chairman of the German-Qatari Joint Task Force for Trade and Investment, and H.E. Sheikh Saoud bin Abdulrahman Al Thani, the Ambassador of the State of Qatar in Germany along with a number of senior officials, businessmen, decision-makers and investors from both countries.

Panel discussions were held under the theme “From Berlin to Doha: Expert-Panels on Business Opportunities.” The first panel touched on driving economic diversification while the second panel focused on the future of artificial intelligence and smart cities and its impact on business. The panel brought together Mr. Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC Authority; Mr. Saud bin Abdullah Al Attiyah, Director of Economic Policy and Research Department, Ministry of Finance; Mr. Nabil Mohammed Al Khalidi, Chief Executive Officer at Mawani Qatar; Mr. Abdulla Al-Misnad, Deputy Chief Executive, Qatar Free Zones Authority; Mr. Ibrahim Al Mannai, Executive Director at Qatar Development Bank; Ms. Iman Al-Kuwari, Programmer at the Ministry of Transport and Communications, Mr . Ahmed Al Said of the Qatar Science and Technology Park and Mr. Thomas Liber of Ooredoo.

German speakers included Mr. Oliver Hermes, CEO of WILO SE; Mr. Achim Hartig, Managing Director Investor Consulting at the Germany Trade & Invest (GTAI) agency; Mr. Olaf Hoffmann, CEO of Dorsch Group; Mr. Alexander Tettenborn, of the German Ministry of Economic Affairs and Energy; Mr. Jack Thoms, of the DFKI German Research Institute for Artificial Intelligence; Dr. Steffen Wieczorek of SAP company; Dr. Steffen Gackstätter, from Roland Berger; along with other officials.

H.E. Ali Bin Ahmed Al Kuwari, Minister of Commerce and Industry, met with H.E. Mr. Peter Altmaier, Germany’s Federal Minister for Economic Affairs and Energy. The meeting took place on the sidelines of the Sixth Session of the Qatari-German Joint Commission on Trade, Economic and Technical Cooperation that took place in Berlin.

The meeting focused on the development and promotion of bilateral relations and joint cooperation, particularly in the trade, investment and industrial sectors.

Discussions touched on the recommendations and outcomes of the German Business and Investment Forum that was held last September, and discussed the latest developments relating to the signing of an agreement on the Prevention of Double Taxation and Tax Evasion.

Discussions also touched on the developments that the Qatari economy has witnessed in recent years and the investment incentives that Qatar is offering across various sectors. These include a law regulating the investment of non-Qatari capital in economic activity, and initiatives to support the private sector and bolster its contribution to overall economic development, as well as to attract foreign direct investment and encourage German companies to invest in the Qatari market.

 

Ministry of Commerce and Industry participates in 13th edition of Qatar University Career Fair

 

The Ministry of Commerce and Industry is taking part in the 13th edition of Qatar University Career Fair on February 18-21, 2019. The exhibition aims to introduce university students and graduates to career opportunities in the Qatari job market through participating organizations while familiarizing participants with diverse and promising professional prospects in terms of employment, field training and academic guidance.

 

The Ministry’s participation in the career fair falls in line with its efforts to attract and train national cadres to access the job market, and promote cooperation with various educational institutions across the country in professional fields.

 

During its participation in the fair, the Ministry will outline plans and programs aimed at attracting Qatari cadres to undertake practical training and will encourage its employees to complete their studies and keep abreast of the latest development and progress. The Ministry will also familiarize students with the career opportunities it offers, its key responsibilities and services and its role in developing human resources.

 

The Ministry of Commerce and Industry is committed to taking part in annual career fairs to offer students the opportunity to gain practical and professional experience, equipping graduates with the necessary tools to access the labor market.

H.E Minister of Commerce and Industry highlights promising prospects for strategic Qatari-Chinese partnership

·        H.E. said Qatar’s partnership with China serves as a model for the country’s international economic relations.

·        China ranks as Qatar’s third-largest trading partner.

·        China accounts for 11.7% of Qatar’s total trade volume

·        China represents an attractive destination for Qatari investments in the fields of shipbuilding, manufacturing, petrochemicals, technology, hospitality, tourism and financial services.

·        Qatar’s foreign direct investments increased by 4% – the equivalent of $7.8 billion – to $186 billion for the first quarter of 2018, up from $178 billion at the end of 2017.

·        Qatar’s trade balance hit a surplus of $52.5 billion in 2018 – an increase of 40% compared to 2017 – while exports increased by 25%.

 

His Excellency Ali bin Ahmed Al-Kuwari, Minister of Commerce and Industry, has emphasised that Qatar’s partnership with China serves as a model for the country’s international economic relations.

Speaking at the Qatar-China Business Forum in Beijing, H.E. noted that the two countries have enjoyed over three decades of diplomatic and economic cooperation and friendly ties, marked by the exchange of official visits.

His Excellency delivered his remarks at the opening of the forum, which was organised by the Ministry of Commerce and Industry and took place on Thursday, January 31.

Expanding Qatari-Chinese bilateral trade levels reflect the importance of this partnership and its promising prospects, H.E. said, noting that China ranks as Qatar’s third-largest trading partner.

Qatar-Chinese trade rose 27% in 2018 to $13.5 billion, accounting for 11.7% of Qatar’s total trade volume. Touching on Chinese investments in Qatar, H.E. said that more than 14 fully owned Chinese companies are currently operating in Qatar, in addition to 181 joint Qatari-Chinese firms.

On the other hand, China represents an attractive destination for Qatari investments in the fields of shipbuilding, manufacturing, petrochemicals, technology, hospitality, tourism and financial services among other vital industries.

Qatar and China are also bound by several important memoranda of understanding and agreements, which that contribute to the further development of bilateral ties, H.E. said.

He also noted the importance of breathing life into existing agreements, and ratifying new ones, to pave the way for fresh Qatari-Chinese private sector partnerships and joint investments that serve the aspirations of both countries.

In this context, H.E. invited Chinese companies to take advantage of the business and investment-friendly environment that Qatar offers to foreign investors, as evidenced by the nation’s high ranking by some the world’s most prestigious international institutions.

Globally, Qatar ranks first in terms of low inflation rates, sixth in terms of the effect of taxes on competition, eighth in terms of venture capital availability, and ninth in terms of financing small and medium enterprises (SMEs), according to the World Economic Forum’s Global Competitiveness Report 2018.

H.E. explained that Qatar’s significant success in this regard has been driven by the integrated policies established by the country’s wise leadership to open the economy, and attract investments into industries and sectors that will cement Qatar’s position as a leading regional trade and investment hub.

Touching on investment incentives that Qatar offers to Chinese investors, H.E. explained that foreign investors are allowed up to 100% ownership across various sectors and industries, among other incentives that will enable companies to expand their businesses to regional markets by taking advantage of Qatar’s prime location at a strategic point between East and West.

H.E. added that Qatar has also been keen on protecting intellectual property rights and guaranteeing investors the freedom to transfer capital from and to the country, in addition to developing an advanced network of free zones and logistics and industrial areas in line with the highest international standards.

These facilities have positioned Qatar as an attractive destination for foreign direct investment, which increased by 4% – the equivalent of $7.8 billion – to $186 billion for the first quarter of 2018, up from $178 billion at the end of 2017.

H.E. highlighted Qatar’s positive economic performance, noting that the country’s gross domestic product (GDP) rose to $222 billion in 2017 from $218 billion in 2016, growing at an annual rate of 1.6%.

According to the World Bank, the Qatari economy grew by 2.3% in 2018, and is expected to grow at 2.7% in 2019 and 3% in 2020, partly driven by Qatar’s success in attracting foreign direct investment and bolstering trade.

Furthermore, Qatar’s foreign trade also witnessed remarkable growth in 2018, as exports increased by 25%, while the trade balance hit a surplus of 52.5 billion dollars, up 40% compared to 2017.

H.E. the Minister of Commerce and Industry concluded his remarks by expressing the hope that the forum will provide an opportunity to establish practical mechanisms to promote joint cooperation, bolster bilateral investment and trade, and establish strategic joint investments between Qatari and Chinese businessmen.

The forum was attended by H.E. Sheikh Khalifa Bin Jassim Bin Mohammed Al-Thani, Chairman of Qatar Chamber, and Sheikh Nawaf bin Nasser Al-Thani, board member of the Qatari Businessmen Association. The Chinese delegation included H.E. Mr. Qian Keiming, Chinese Vice Minister of Commerce, H.E. Mr. Lu Pengqi, Vice Chairman of the China Council for the Promotion of International Trade, along with 500 senior officials, businessmen, decision-makers and investors from both countries.

Speaking at the forum, H.E. Sheikh Khalifa bin Jassim Al Thani underlined its importance, noting that the Qatari private sector considers China to be a unique and attractive investment destination. He added that Qataris are seeking to identify new investment opportunities, and explore further partnerships and alliances with their Chinese counterparts, to develop joint investment projects that benefit the economies of both countries.

H.E. Sheikh Khalifa added that the blockade imposed on Qatar since mid-2017 has contributed to empowering the Qatari private sector to enhance its contribution to productive projects, instead of relying on the import of goods from neighboring countries.

His Excellency also praised the flexible economic policies adopted by the State to encourage domestic and foreign investments by providing incentives to attract investments into Qatar and developing advanced infrastructure networks, economic and logistic areas, and industrial zones, in addition to offering facilities to encourage foreign companies to tap into the Qatari market.

For his part, H.E. Sheikh Nawaf bin Nasser Al-Thani said the forum marks a new chapter in the history of close Qatari-Chinese relations, and presents an opportunity to promote trade and investment in various fields and productive and service sectors.

Qatar is the second largest supplier of liquefied natural gas (LNG) to China, H.E. noted, adding that Qatar is also home to numerous Chinese companies in the engineering, consulting, contracting, information technology, trade and services sectors.

H.E. Sheikh Nawaf bin Nasser Al-Thani called upon Chinese investors to take advantage of the promising opportunities and favorable economic environment that Qatar offers in various sectors, in line with its highly successful economic diversification strategy. In this context, he noted that Qatar has witnessed an economic boom that has proven to be sustainable over recent years, despite regional and global uncertainties and challenges, thanks to the attractive investment incentives that Qatar offers to foreign investors, such as investment-friendly laws, advanced logistics and vital facilities.

H.E. the Minister of Commerce and Industry attended the signing ceremony of three memoranda of understanding – one between Qatar’s Ministry of Interior and Chinese corporation Huawei; and two between Qatar Free Zones Authority on one hand, and China Harbour Engineering Company (CHEC) and the Administration of Xiamen Area of China (Fujian) Pilot Free Trade Zone (Xiamen-FTZ) on the other.

Major General Saleh Khamis Al Kubaisi, Director General of Information Systems at the Ministry of Interior, signed the MoU on behalf of the Qatari side with Mr. Charles Yang, President of Middle East Region at Huawei Technologies..

Under the second MoU signed between the Free Zones Authority and CHEC, the two sides will evaluate investment cooperation opportunities to establish a plant for the assembly of clean-energy buses in free zones in Qatar, and will explore the possibility of establishing a warehouse for the processing of spare parts for navigation equipment near Hamad port.

Mr. Abdullah Al-Misnad, Deputy Chairman of the Free Zones Authority and a representative of CHEC, co-signed the MoU.

The third MoU, signed between the Qatar Free Zones Authority and The Administration of Xiamen Area of China (Fujian) Pilot Free Trade Zone (Xiamen-FTZ), aims at exploring the investment partnerships and the development of major industries, which will contribute to bolstering the manufacturing sector and the research and development infrastructure to create new job opportunities. In addition, the two sides will carry out training programs to promote capacity building and enhance the skills of professional employees.

The MoU was co-signed by Mr. Al-Misnad and a representative of The Administration of Xiamen Area of China (Fujian) Pilot Free Trade Zone (Xiamen-FTZ).

H.E. the Minister also attended the signing of a partnership agreement to purchase concrete panel machines between Fikri Group and Hongji Group of China.

The memoranda of understanding are expected to play an important role in enhancing trade and investment relations and deepening cooperation between the private sector in both countries, in addition to contributing to the development of mechanisms to promote joint investment projects.

The business forum featured four panel discussions. The first session touched on the advanced legislative framework, infrastructure and business and investment opportunities that Qatar offers to Chinese companies. Mr. Abdulbasit Talib Al-Ajji, Director of the Business Development and Investment Promotion Department at the Ministry of Commerce and Industry; Mr. Fahd Rashid Al-Kaabi, CEO of Economic Zones (Manateq); Capt. Abdulla Al-Khanji, CEO of Qatar Ports Management Co, Mwani Qatar; and Mr. Abdulla Al-Misnad, Deputy CEO of Qatar Free Zones, participated in the session.

The second session – on Qatari-Chinese business and investment opportunities and challenges – brought together Eng. Abdullah bin Hamad Al Attiyah, CEO of Qatari Diar, and Mr. Hamad Abdulla Al-Mulla, CEO of Katara Hospitality.

The third session focused on infrastructure projects in Qatar in preparation for the 2022 FIFA World Cup. The session brought together Eng. Saad bin Ahmad Al Muhannadi, President of the Public Works Authority “Ashghal”; Mr. Khaled Jolo, CEO of Nebras Power; H.E. Mr. Hassan Al-Ibrahim, Assistant Secretary General of the National Tourism Council; Mr. Ali Al-Asmakh, Commercial & Procurement Director at the Supreme Committee for Delivery & Legacy (SC); and Mr. Abdulrahman Al Malik, Project Director at Qatar Rail.

The fourth session, which focused on the success stories of Chinese companies in Qatar and successful partnerships between the two nations, brought together Mr. Yun Liang, Vice president of China Harbour Engineering Co. Ltd; Lin Shengqiang, President of SEF, Bank of China QFC Branch; Zheng Chunyi, General Manager of ICBC Doha QFC Branch; and Fan Tao, Huawei Qatar CEO, Huawei Technologies Co., Ltd.

The forum also featured bilateral meetings between Qatari and Chinese businessmen, during which they reviewed investment opportunities in both countries and discussed efforts to build long-term economic cooperation mechanisms.

On the sidelines of the forum, a number of officials, businessmen and CEOs of major Qatari companies visited Huawei’s headquarters. The visit featured a presentation on the company’s history and key development stages leading to its growth into a multinational firm. During the tour, visitors were briefed on Huawei’s various production lines, latest innovations and technical solutions in the ICT sector, as well as the role that modern technology plays in promoting the development of various vital sectors.

The forum aims to expand trade and strengthen Qatari-Chinese investment and industrial relations through the development of mechanisms to boost bilateral trade and investments, create effective partnerships and attract new investments to the Qatari market.

H.E Minister of Commerce and Industry: “Forum promotes bilateral trade and investment”

·        H.E Minister of Commerce and Industry said Japan, with its unique economic model, is a major developed country.

·        H.E said he looked forward to further cooperation with Japan in the fields of renewable energy, advanced technology, innovation, industry, and the SME sector among other industries whose development falls in line with Qatar’s strategic economic policies including economic diversification, localization of industries, development of production capacities and the promotion of export competitiveness.

·        Japan ranks as Qatar’s first trade partner.

·        Qatari-Japanese bilateral trade grew by 22% in 2018 to 16 billion dollars.

·        Foreign direct investments increased by 4%, the equivalent of $7.8 billion to $186 billion at the end of the first quarter of 2018 from $178 billion at the end of 2017.

·        Qatar’s trade balance hit a surplus of $52.5 billion in 2018, an increase of 40% compared to 2017 while exports increased by 25%.

·        H.E Sheikh Khalifa Bin Jassim Al-Thani, Chairman of Qatar Chamber: “The Qatari private sector views Japan as a unique and attractive investment destination”.

·        The forum featured four sessions on the characteristics of the Qatari and Japanese economies and the investment opportunities in both countries.

 

H.E Mr. Ali bin Ahmed Al-Kuwari, Minister of Commerce and Industry, has underlined the importance of four decades of historic and strategic Qatari-Japanese partnerships, which he said reflect the keenness of both countries to bolster bilateral ties across various fields.

Qatar looks forward to further cooperation with Japan, a major developed country with a unique economic model, H.E said, urging collaboration in the fields of renewable energy, advanced technology, innovation, industry, and the SME sector among other fields

The development of these sectors falls in line with Qatar’s strategies economic policies, H.E explained, noting that these policies include economic diversification, the localization of industries, the development of production capacities and the promotion of export competitiveness.

H.E delivered his remarks at the opening of the Qatar-Japan Business Forum that was organized by the Ministry of Commerce and Industry and the Japan Cooperation Center for the Middle East, in cooperation with the Qatar Chamber, the Qatari Businessmen Association and Japan’s Ministry of Economy and Trade.

H.E noted that the development of trade cooperation with Japan has reflected positively on bilateral trade, which grew by 22% in 2018 to 16 billion dollars. Today, Japan ranks as Qatar’s first trading partner, accounting for 13.8% of Qatar’s global trade volume, H.E said.

H.E added that Japanese companies continue to play a leading role in supporting the development of Qatar, particularly in the information technology sector, energy and mining industries, and infrastructure development, namely the Qatar Rail project.

More than 35 fully owned Japanese companies are currently operating in Qatar with a capital of $410 million, in addition to 23 joint Qatari-Japanese firms with a total capital of $2.2 billion, H.E said.

Qatar and Japan are also bound by several memoranda of understanding and agreements that contribute to the promotion of bilateral ties, H.E said, emphasizing the importance of breathing life into the existing agreements and ratifying new ones.

In this context, H.E urged the ratification of an agreement on the mutual protection and promotion of investments, which will pave the way for new Qatari-Japanese private sector partnerships and joint investments that benefit both countries.

On another note, H.E said today’s gathering comes amid growing concerns over slowing global economic growth in 2019 due to trade wars and rising interest rates.

Now more than ever, both Qatar and Japan need to come together and join efforts to create new partnership opportunities, consolidate economic and investment alliances, and strengthen bilateral trade, H.E added.

In this context, H.E invited Japanese companies to take advantage of the business and investment-friendly environment that Qatar offers to foreign investors as evidenced by the country’s ranking by some the world’s most prestigious international institutions.

Globally, Qatar ranks first in terms of low inflation rates, sixth in terms of the effect of taxes on competition, eight in terms of venture capital availability, and ninth in terms of financing small and medium enterprises (SMEs), H.E said, quoting the World Economic Forum’s Global Competitiveness Report 2018.

H.E explained that Qatar’s significant success in this regard has been driven by the integrated policies established by the country’s wise leadership to open the economy, and attract investments into industries and sectors that will cement Qatar’s position as a leading regional trade and investment hub.

Foreign companies that choose to set up shop in Qatar will find a multitude of investment opportunities to tap, H.E said, referring to development projects being undertaken within the framework of the Qatar National Vision 2030 and ahead of preparations to host the 2022 FIFA World Cup.

Touching on the investment incentives that Qatar offers to Japanese investors, H.E said foreign investors are allowed up to 100% ownership across various sectors and industries among other incentives that will enable companies to expand their businesses to regional markets, by taking advantage of Qatar’s strategic location between East and West.

H.E added that Qatar has also been keen on protecting intellectual property rights and guaranteeing investors the freedom to transfer capital from and to the country in addition to developing an advanced network of free zones and logistics and industrial areas in line with the highest international standards.

These facilities have positioned Qatar as an attractive destination for foreign direct investments, which increased by $7.8 billion to $186 billion at the end of the first quarter of 2018 from $178 billion at the end of 2017, H.E said.

H.E added that Qatar’s economic performance improved, noting that Qatar’s gross domestic product (GDP) rose to 222 billion dollars in 2017 from 218 billion dollars in 2016, growing at an annual rate of 1.6 percent.

According to the World Bank, the Qatari economy grew by 2.3% in 2018 and is expected to grow at 2.7% in 2019 and 3% in 2020, partly driven by Qatar’s success in attracting foreign direct investments and bolstering trade, H.E said.

H.E noted that Qatar’s foreign trade also witnessed remarkable growth in 2018 as exports increased by 25% while the trade balance hit a surplus of 52.5 billion dollars, an increase of 40% compared to 2017.

H.E Minister of Commerce and Industry concluded his remarks, expressing hope that the forum will encourage businessmen to promote joint cooperation, benefit from the positive investment climate and establish strategic joint investments and projects to the benefit of both countries.

H.E Mr. Ali Shareef Al-Emadi, Minister of Finance and H.E. Mr. Saad Bin Sherida Al-Kaabi, Minister of State for Energy Affairs, attended the opening ceremony of the forum along with H.E Sheikh Khalifa Bin Jassim Bin Mohammed Al-Thani, Chairman of Qatar Chamber and H.E Sheikh Nawaf Bin Nasser Al Thani, Board Member of the Qatari Businessmen Association.

The Japanese participating delegation included Mr. Tatsuya Terazawa, Vice-Minister for International Affairs at Japan’s Ministry of Economy, Trade and Industry, Mr. Kazuo Matsunaga, Chairman of the Japan Cooperation Center for the Middle East, and Mr. Toshio Mita, Chairman of the Japan-Qatar Friendship Association.

Over 300 Qatari and Japanese senior officials, businessmen and investors also attended the forum.

Speaking at the forum, H.E Sheikh Khalifa bin Jassim Al Thani, Chairman of Qatar Chamber, stressed the depth of Qatari-Japanese across various fields, particularly on the economic and trade levels.

H.E Sheikh Khalifa said both countries are keen on enhance trade and investment cooperation, noting that the Qatari and Japanese private sectors are supporting and strengthening these relations through joint cooperation, which aims at enhancing bilateral trade.

The chairman of Qatar Chamber said that the sustainability of Qatar’s gas supplies to Japan over a 20-year period without any interruption or shortages since the first shipment was dispatched in 1997, reflected the deep commitment and mutual trust between the two countries.

H.E Sheikh Khalifa added that Qatari private sector considers Japan as a unique and attractive investment destination, noting that Qatari businessmen are keen on learning further about investment opportunities in Japan and exploring further partnerships and alliances with their Japanese counterparts to establish joint projects in both countries.

Qatar’s is home to business and investment-friendly environment, H.E Sheikh Khalifa said, noting that the siege imposed on the country since 2017 contributed to encouraging the Qatari private sector to enhance its contribution to productive projects rather than relying on importing goods from neighboring countries.

H.E Sheikh Khalifa expressed hope that the Qatar-Japan Business Forum will contribute to further cooperation between the two countries in the trade and economic fields and will inspire Qatari and Japanese businessmen to seek new partnerships and projects that will benefit both economies.

H.E Mr. Ali bin Ahmed Al-Kuwari witnessed the signing of an agreement between Qatari and Japanese businessmen. Mr. Hussain Fikri, CEO of Fikri Group, signed an agreement with representatives of Japanese company, Nagata Shigyo.

Mr. Kansho Watanabe, advisor to Nagata Shigyo Co, signed on behalf of Mr. Kotaro Nagata, President of Nagata Shigyo who was present at the ceremony along with Mr. Minoru Yanai, an advisor to the Japanese company.

The business forum featured four panel discussions. The first session touched on the advanced legislative framework, infrastructure and business and investment opportunities that Qatar offers to Japanese companies.

Mr. Abdul Basset Taleb Al Ajji, Director of the Business Development and Investment Promotion Department at the Ministry of Commerce and Industry, Mr. Fahd Rashid Al Kaabi, CEO of Economic Zones (Manateq), Captain Abdullah Al Khunji, CEO of Qatar Ports, and Mr. Abdullah Al Misnad, deputy CEO of the Free Zones Authority participated in the session.

The second session on business investment opportunities in the energy and power fields in Qatar brought together Mr. Khaled Jolo, CEO of Nebras Power, Mr. Hiroyuki Shimizu, Vice President, Operations Director and Energy Project Operations Division at Chiyoda Corporation, and Mr. Yoshiki Yokota, Executive Officer and Chief Operating Officer, of the Power Business Division at Marubeni Corporation.

The third session, which touched on the challenges and opportunities for joint investments, ventures and partnerships in Qatar was attended by H.E. Mansoor bin Ebrahim Al-Mahmoud, CEO of Qatar Investment Authority, H.E. Mr. Akbar Al Baker, CEO of Qatar Airways, Eng. Abdullah bin Hamad Al Attiyah, CEO of Qatari Diar, and Mr. Hamad Abdulla Al-Mulla, CEO of Katara Hospitality.

The fourth and final session focused on infrastructure projects in Qatar in preparation for the 2022 FIFA World Cup. The session brought together Eng. Saad bin Ahmad Al Muhannadi, President of the Public Works Authority “Ashghal”, H.E. Mr. Hassan Al-Ibrahim, Assistant Secretary General National Tourism Council, Mr. Ali Al-Asmakh, Commercial and Procurement Director at the Supreme Committee for Delivery and Legacy, Mr. Abdulrahman Al Malik, Project Director at Qatar Rail, and Mr. Tetsuji Nakagawa, Senior Vice President and Division COO of the Infrastructure Business Division, at the Mitsubishi Corporation

The forum featured bilateral meetings between Qatari and Japanese businessmen who discussed investment opportunities in both countries and measures to promote long-term economic cooperation.

The forum, which provides a networking platform, aims to strengthen and expand trade, investment and industrial relations between Qatar and Japan, create effective partnerships and attract new investments to the Qatari market.

Ministry of Commerce and Industry announces recall of Volkswagen Tiguan 2017 model

The Ministry of Commerce and Industry, in cooperation with Q-Auto Company, dealer of Volkswagen in Qatar, announces the recall of Volkswagen Tiguan vehicles model of 2017 due to a malfunction in background lighting of the panorama sunroof.

The recall campaign comes within the framework of the Ministry’s continuous efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.

The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.

The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:

Call center: 16001
Email: info@moci.gov.qa
Social media accounts:
Twitter: @MOCIQATAR
Instagram: MOCIQATAR
Ministry of Commerce and Industry mobile app for android and IOS: MOCIQATAR

Ministry of Commerce and Industry organizes Qatar-China Business Forum in Beijing

The Ministry of Commerce and Industry, is organizing the Qatar-China Business Forum, which kicks off on Thursday in Beijing. Building on existing Qatari-Chinese partnerships, the forum is aimed at strengthening joint cooperation, promoting bilateral trade, investment and industrial relations and paving the way for new partnerships between the two countries.

 

The forum brings together a large number of Qatari and Chinese officials and businessmen, decision-makers, investors and executives from major companies.

 

The forum provides an important networking platform that brings together Qatari and Chinese businessmen and representatives of the private sector in both countries. It will familiarize attendees with the characteristics of the business environment in Qatar, which represents an attractive destination for foreign investment given the country’s significant assets, open economy, strategic location and advanced infrastructure. The forum will also highlight Qatar’s attractive legislative environment, as well as amended laws and new legislations adopted by the State to attract and encourage foreign direct investments.

 

The forum will outline investment opportunities in priority sectors to pave the way for foreign investments in Qatar, particularly the country’s food industries as well as the industrial, tourism, education and sports sectors.

 

It will also pave the way for the ratification of new agreements and memoranda of understanding that will strengthen bilateral cooperation and contribute to the development of innovative investment areas.

 

The forum will feature four sessions that will touch on a number of key topics, including the evolving legislative framework in Qatar in addition to business and investment opportunities available to Chinese companies. The sessions will also shed light on opportunities and challenges relating to Qatari-Chinese cooperation and joint ventures. Discussions will also focus on infrastructure projects associated with Qatar’s preparations to host the 2022 FIFA World Cup, successful joint ventures and the success stories of Chinese companies in Qatar.

 

Qatar and China enjoy close trade and economic relations, which reflected positively on the volume of bilateral trade that amounted to nearly billion $13.5 in 2018. Currently, China ranks as Qatar’s third largest trade partner, accounting for 11.7% of the country’s total foreign trade.

 

More than 14 fully owned Chinese companies are currently operating in Qatar in addition to 181 joint Qatari-Chinese firms operating in the fields of Commerce, construction, information technology, furniture and engineering consultancy.

Ministry of Commerce and Industry organizes Qatar-Japan Business Forum in Tokyo

The Ministry of Commerce and Industry and the Japan Cooperation Center for the Middle East, in cooperation with the Japanese Ministry of Economy, Trade and Industry, the Qatar Chamber and the Qatari Businessmen Association, are organizing the Qatar-Japan Business Forum, which will take place on Wednesday, January 30, 2019 in Tokyo.

Building on existing Qatari-Japanese partnerships, the forum is aimed at strengthening joint cooperation, promoting bilateral trade, investment and industrial relations and paving the way for new partnerships between the two countries.

The forum brings together a large number of Qatari and Japanese officials and businessmen, decision-makers, investors and executives from major companies.

The event will contribute to strengthening ties and bolstering economic relations through the adoption of measures aimed at boosting bilateral trade and joint investments, creating efficient partnerships and attracting new investments to the Qatari market.

The forum provides an important networking platform that brings together Qatari and Japanese businessmen and representatives of the private sector in both countries. It will familiarize attendees with the characteristics of the business environment in Qatar, which represents an attractive destination for foreign investment given the country’s significant assets, open economy, strategic location and advanced infrastructure. The forum will also highlight Qatar’s attractive legislative environment, as well as amended laws and new legislations adopted by the State to attract and encourage foreign direct investments.

The forum will outline investment opportunities in priority sectors to pave the way for foreign investments in Qatar, particularly the country’s food industries as well as the industrial, tourism, education and sports sectors.

It will also pave the way for the ratification of new agreements and memoranda of understanding that will strengthen bilateral cooperation and contribute to the development of innovative investment areas.

The forum will feature five sessions that will touch on a number of key topics, including the evolving legislative framework in Qatar in addition to business and investment opportunities available to Japanese companies. The sessions will also shed light on investment opportunities resulting from projects aimed at increasing Qatar’s LNG production capacity, as well as opportunities relating to Qatari-Japanese cooperation and joint ventures. Discussions will also focus on infrastructure projects associated with Qatar’s preparations to host the 2022 FIFA World Cup, successful joint ventures, and the success stories of Japanese companies in Qatar.

Qatar and Japan enjoy close trade and economic relations, which reflected positively on the volume of bilateral trade that amounted to nearly $16 billion in 2018. Currently, Japan ranks as Qatar’s leading trade partner, accounting for 13.8% of the country’s total foreign trade.

More than 35 fully owned Japanese companies are currently operating in Qatar, in addition to 23 joint Qatari-Japanese firms working in the fields of electrical equipment and appliances, petroleum services, water desalination and information technology.

Ministry of Commerce and Industry announces recall of Suzuki Address motorbike

The Ministry of Commerce and Industry, in collaboration with Teyseer Motors, dealer of Suzuki bikes in Qatar, has announced the recall of Suzuki Address bikes models of 2017-2018 over a malfunction in the crankshaft that might stop the engine.

The recall campaign comes within the framework of the ministry’s ongoing efforts to protect consumers and ensure that bike dealers follow up on defects and repairs in order to protect consumers’ rights.

The ministry said it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure the implementation of necessary repairs.

The ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquiries, and suggestions through the following channels:

Call center: 16001
Email: info@moci.gov.qa
Social media accounts:
Twitter: @MOCIQATAR
Instagram: MOCIQATAR
Ministry of Commerce and Industry mobile app for android and IOS: MOCIQATAR

H.E Minister of Commerce and Industry meets with a number of ministers and officials at the forum

H.E Mr. Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, held separate meeting with, Maxim Oreshkin, Russia’s Minister for Economic Development, Mr. Francis Gurry, Director General of the World Intellectual Property Organization (WIPO), and Ms. Arancha González, Executive Director of the International Trade Centre (ITC).

H.E also met with CEOs of major international companies and financial institutions, including Mr. Mark Allen, Vice President of Boeing, Frédéric Oudéa, the CEO of French bank Société Générale, and Mr. Andrey Kostin, President and Chairman of Russia’s VTB Bank.

The meetings took place on the sidelines of H.E’s participation in the World Economic Forum 2019 in Davos.

Discussions touched on the promotion of bilateral relations as well as the development of joint cooperation, particularly in the fields of trade, investment and industry. Officials exchanged views on the topics featured in the Forum’s agenda.

H.E Minister of Commerce and Industry meets with his Omani counterpart on the sidelines of the WEF in Davos

H.E. Mr. Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, met with H.E. Dr. Ali bin Masoud Al Sunaidi, Oman’s Minister of Commerce and Industry. The meeting took place on the sidelines of H.E’s participation in the World Economic Forum 2019 in Davos.

Discussions touched on the promotion of bilateral relations as well as the development of joint cooperation, particularly in the fields of trade, investment and industry. Officials exchanged views on the topics featured the Forum’s agenda.

H.E Minister of Commerce and Industry attends the opening of the World Economic Forum 2019 in Davos

H.E Mr. Ali Bin Ahmed Al Kuwari, Minister of Commerce and Industry, attended the opening session of the 49th edition of the World Economic Forum, which is taking place in Davos, Switzerland, from 22-25 January 2019.

H.E is participating in a number of sessions organized within the framework of the WEF, and will hold meetings with Ministers and senior government officials from participating countries, in addition to representatives of international organizations and private sector institutions. The meetings will take place on the sidelines of the forum.

About 65 heads of state and leaders of 40 international organizations along with business executives, politicians, Ministers, academics, technology pioneers, representatives of civil society organizations, and intellectuals will participate in the forum.

This year’s edition of the World Economic Forum, titled “Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution” features 350 sessions and seminars to discuss a number of key topics including geopolitics in a multipolar world, the future of the economy, industry systems and technology policy, risk resilience to promote systems thinking to radically improve the collective and integrated management of the key environmental systems, development of human capital and society and global institutional reform.

The World Economic Forum, founded in 1971 is an independent international non-profit organization with a mission to promote global development.

Each year, the WEF brings together a large number of heads of state and government, senior officials and influential businessmen in the global economy. The annual meeting aims to provide a platform for dialogue and the exchange of ideas among participants, presenting opportunity to strengthen bilateral relations between various countries and international companies.

Ministry of Commerce and Industry announces recall of Porsche Cayenne 2019 model because a seat-belt buckle that does not meet the required specifications was installed for the rear right seat

The Ministry of Commerce and Industry, in collaboration with Al Boraq Automobiles Co. W.L.L, dealer of Porsche vehicles in Qatar, has announced the recall of Porsche Cayenne 2019 model because a seat-belt buckle that does not meet the required specifications was installed for the rear right seat.

The VIN of affected vehicles are as follows:
WP1AA2AY0KDA05744 – WP1AA2AY3KDA04636 – WP1AA2AY3KDA05740 – WP1AA2AY4KDA04533
WP1AA2AY6KDA05120 – WP1AA2AY8KDA04597 – WP1AB2AY0KDA60451 – WP1AB2AY1KDA60457
WP1AB2AY2KDA60452 – WP1AB2AY3KDA60394 – WP1AB2AY4KDA60453 – WP1AB2AY5KDA60431
WP1AB2AY6KDA60390 – WP1AB2AY8KDA60455

The Ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.

The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.

The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Centre: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @ MOCIQATAR
Instagram: MOCIQATAR
Ministry of Commerce and Industry mobile app for Android and IOS: MEC_Qatar

Ministry of Commerce and Industry announces recall of Porsche Panamera models of 2017-2018 over faulty programming of electrical steering wheel system

The Ministry of Commerce and Industry, in collaboration with Al Boraq Automobiles Co. W.L.L, dealer of Porsche vehicles in Qatar, has announced the recall of Porsche Panamera (60 vehicles) models of 2017-2018 over the faulty programming of the electrical steering wheel system.

The Ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.

The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.

The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:

Call Centre: 16001
Email: info@moci.gov.qa
Social media accounts:
Twitter: @MOCIQATAR
Instagram: MOCIQATAR
Ministry of Commerce and Industry mobile app for Android and IOS: MOCIQATAR

Registration opens for second edition of Souq Waqif Honey Exhibition 2019

  • The exhibition will take place from February 28 to March 7, 2019
  • Registration is open for local and foreign companies
  • Registering and exhibiting is free of charge
  • The market offers an exhibition space for traders, entrepreneurs and SMEs to display their honey products and related goods.
  • Several incentives offered to participating companies
  • Qatar Airways offers a 25% discount on air cargos
  • Goods to be transported and stored in warehouses free of charge while participants will benefit from free hotel accommodation and transportation from and to the airport

Souq Waqif, in cooperation with the Ministry of Commerce and Industry, has announced the launch of the second edition of Souq Waqif Honey Exhibition, which is now open for companies and entities looking to register and exhibit free of charge.

The 2019 edition of the exhibition, which will run from February 28 to March 7, 2019, aims at supporting national products, bolstering trade and opening new trade channels for merchants, entrepreneurs and investors, in addition to providing support for small and medium enterprises.

The event represents the largest specialized exhibition of all types of local, Arabic and international honey, offering companies the opportunity to display and promote their various products, as well as goods related to the trade and production of honey, which will benefit all participants.

As part of their efforts to support and encourage companies to participate in the exhibition, organizers have coordinated with Qatar Airways to provide a 25% discount on air cargos. Goods will also be transported and stored in warehouses free of charge, while participants will benefit from free hotel accommodation and complimentary transportation from and to the airport.

The exhibition offers traders, entrepreneurs and SMEs the unique opportunity to display their honey products and related manufactured goods to the public, which will have a positive impact on their business. Consumers, on the other hand, will have access to a variety of honey products and goods that are related to its production as part of one exhibition, thus expanding their purchasing options.

The invitation extended to foreign companies specialized in the “production, supply and distribution of honey” to participate in the exhibition presents an opportunity for the marketing of local honey products, and allows foreign companies to exhibit their products, giving them an opportunity to enter into agreements and partnerships that will give access to new markets and promote trade growth in the field of honey supply. The exhibition will also empower local investors to market their products in foreign markets by allowing local entrepreneurs to gain insight into the expertise of participating countries, to improve the quality of local honey products and strengthen its position in foreign markets.

The second edition of Souq Waqif Honey Exhibition 2019 is expected to witness a large turnout thanks to its prime location in the traditional Souq Waqif, one of the leading tourism sites in Qatar. The exhibition will be open to the public from 28 February 2019, daily from 10 am to 10 pm.

Registration
Companies and entities wishing to register to participate in the second edition of Souq Waqif Honey Exhibition can apply through: www.honeymarket.souqwaqif.qa or by calling +97433144237. Participation is free for all and registration begins from January 29 to February 5, 2019.

H.E. Undersecretary of Ministry of Commerce and Industry inaugurates third edition of Turkey Expo Qatar

H.E. Sultan bin Rashid Al-Khater, Undersecretary of Ministry of Commerce and Industry, inaugurated the third edition of Turkey Expo Qatar, which will run until January 18 at the Doha Exhibition and Convention Center.

The opening ceremony was attended by senior Qatari and Turkish officials, business leaders, investors and representatives of companies from the two nations.

Following a tour of the exhibition, H.E. Sultan bin Rashid Al-Khater said the Turkey Expo Qatar embodies the deep-rooted and friendly Qatari-Turkish relationship across various fields, noting that the exhibition is a leading regional event.

The third edition of the Expo aims at engaging the private sector in both countries, H.E. explained, noting that the event brings together leading Turkish industrial companies under one roof. This will enable Qatari importers to discuss agreements with Turkish manufacturers to represent them in local markets.

H.E. added that the participation of 150 Turkish companies in the exhibition reflects the keenness of both nations to further expand cooperation in various fields, increase bilateral trade, and explore new and innovative horizons to promote joint investments in sectors that serve mutual economic aspirations.

The Turkey Expo Qatar covers a number of key sectors including construction, real estate, technology, health, tourism, energy, environmental management, infrastructure, furniture, food, transportation and agriculture.

The exhibition is aimed at cementing both Qatar and Turkey’s positions as regional focal points for economic cooperation by establishing mechanisms for joint investments and enhancing bilateral cooperation in all fields. The Expo, which will attract more than 10,000 visitors, will feature bilateral meetings and gatherings aimed at strengthening commercial partnerships between the public and private sectors of both countries, in addition to offering Qatari businessmen and companies the opportunity to learn about various Turkish industries.

H.E. Minister of Commerce and Industry meets with his South Korean counterpart

H.E. Mr. Ali bin Ahmad Al Kuwari, Minister of Commerce and Industry, met with H.E. Mr. Kim Hyun-chong, South Korea’s Minister of Trade, who is currently visiting Qatar.

Discussions touched on the promotion of bilateral relations between Qatar and South Korea as well as the development of joint cooperation, particularly in the fields of trade, investment and industry in addition to measures to enhance and develop ties between the two friendly countries.

Discussions also touched on the latest developments that the Qatari economy witnessed over the past years. Both sides reviewed investment opportunities across all sectors as well as the legislations adopted by the State and the initiatives launched to support the private sector, which will bolster foreign direct investments and attract an additional number of Korean companies to the Qatari market.

The meeting also focused on mechanisms to support joint investments and encourage the private sector to establish innovative investment projects across key sectors in line with the economic policies of both countries.

Qatar and South Korea enjoy close trade relations, which reflected positively on the volume of bilateral trade that amounted to nearly $12.5 billion during the first ten months of 2018, ranking South Korea as Qatar’s second largest trade partner.

H.E. Minister of Commerce and Industry holds several meetings on the sidelines of the second Qatar-U.S Strategic Dialogue

H.E. Mr. Ali Bin Ahmed Al Kuwari, Minister of Commerce and Industry, held separate meetings with H.E. Mrs. Manisha Singh, Acting Undersecretary of State for Economic Growth, Energy, and the Environment; Mr. Khush Choksy, Senior Vice President for Middle East and Turkey Affairs at the U.S. Chamber of Commerce; and H.E. Ambassador Anne Patterson, President of the U.S-Qatar Business Council. The meetings took place on the sidelines of the second Qatar-US Strategic Dialogue in Doha.

Discussions touched on the promotion of joint cooperation on the economic, commercial and industrial levels, as well as opportunities to bolster bilateral trade in light of the economic potential and resources of both countries. Discussions also focused on the latest developments in terms of bilateral trade, industrial and investment relations, and efforts to develop ties.

During the meetings, H.E. Minister of Commerce and Industry outlined investment opportunities across all sectors, as well as the legislations adopted by the State and the initiatives launched to support the private sector and attract foreign direct investments.

H.E. also highlighted the importance of exchanging visits between Qatari and US businessmen, and encouraging cooperation between government agencies and the private sector to serve the common interests of both countries.

Qatar and the U.S. enjoy close trade relations that have positively reflected on the volume of bilateral trade, which amounted to approximately 6 billion US dollars during the first 10 months of 2018.

The U.S. ranks as the first source of Qatar’s imports and the country’s 5th trading partner, accounting for 6.23% of the Qatar’s total foreign trade.

The number of US companies operating in Qatar has risen to 682 firms, including 117 fully owned U.S. companies and 565 joint Qatari-U.S. firms. In addition, 55 U.S. companies are licensed under the umbrella of the Qatar Financial Centre.

H.E. Minister of Commerce and Industry reiterates Qatar’s commitment to its economic and strategic partnership with the U.S.

  • Qatari-U.S. bilateral trade volume has increased to 6 billion US Dollars, accounting for 6.23 percent of Qatar’s total exchange with its global trading partners.
  • The U.S. ranks as the first destination for Qatar’s imports.
  • 19.5% of Qatar’s imports came from USA, amounting to 5.15 billion US Dollars.

H.E Mr. Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, and Mr. Khush Choksy, Senior Vice President, Middle East and Turkey Affairs, U.S. Chamber of Commerce, co-chaired a roundtable on bilateral Qatari-US trade relations. The roundtable was organized within the framework of the second Qatar-US Strategic Dialogue in Doha.

In his opening speech, H.E. Mr. Al Kuwari said the session was designed to drive forward the shared Qatari-US economic agenda by facilitating trade and investment opportunities, and promoting bilateral ties and partnerships.

Qatar and the U.S. are strong business partners, H.E. stressed, noting that the close and mutually beneficial relationship between the two countries stretches back decades.

H.E. said both Qatar and the U.S. are constantly seeking to expand bilateral trade and investment, noting that the signing of the Trade and Investment Framework Agreement (TIFA) in 2004 marked the first milestone in the journey to strengthen bilateral ties.

H.E. also expressed his hope that the latest round of discussions in the context of the second Qatar-U.S. Strategic Dialogue would contribute to bolstering bilateral relations and lay the foundation for a bold new chapter in this ongoing partnership.

According to H.E., the Strategic Dialogue provides an opportunity to make investment plans and build strong economic ties to enable both sides to take full advantage of the range of opportunities available for Qatari and American companies in the fields of industry, health and education in both public and private sectors.

On another note, H.E. highlighted that Qatar’s economic performance has remained robust under the guidance of the country’s wise leadership, thus offering a stable environment for foreign investment.

In spite of regional adversity, following the unjust blockade imposed on Qatar on June 5 2017, the country has proven resilient, H.E. stressed, referring to Qatar’s positive economic indicators.

In 2017, Qatar’s GDP grew 1.6 percent at constant prices, and the World Bank expects that rate to increase by an average of 3% from 2019 to 2020 as the government seeks to further promote foreign investments, H.E. noted.

H.E. added that Qatar’s success is also reflected in the country’s rankings on the Global Competitiveness Report 2018, issued by the World Economic Forum.
Globally, Qatar ranks 1st in terms of low inflation rates, 6th in terms of the low effect of taxes on competition, 8th in terms of venture capital availability, and 9th in terms of financing small and medium enterprises.

H.E. explained that Qatar is also seeking to capitalize on its advanced infrastructure to further bolster foreign trade.

Through Hamad Port, Qatar has established, and continues to expand, direct commercial routes with competitive transit times both to and from a number of strategic hubs around the world, H.E. said, noting that Qatar’s trade connection with various foreign ports has grown as new shipping lines are launched.

H.E. added that Hamad International Airport is also maintaining passenger and cargo traffic at a normal pace to more than 160 destinations worldwide.

Touching on the legislative frameworks developed by the State to stimulate investment, H.E. said Qatar has ratified new laws and regulations and introduced amendments to existing legislations since the previous round of Strategic Dialogue, in a bid to promote both local and international private investments in the Qatari economy.

These amendments include a new law to regulate the investment of non-Qatari capital in economic activity, H.E. said, noting that the law facilitates foreign investors’ access to the Qatari market by providing incentives in terms of land allocation to non-Qatari investors seeking to set up projects, tax and customs exemptions, and enabling the free transfer of investments to and from Qatar.

The new law also aims at promoting economic development, attracting foreign investment in all economic and commercial activities and bolstering the country’s confidence and investment security index, H.E. added.

Elaborating on the development of Qatari-US bilateral ties over the last ten years, H.E. said that bilateral trade volume has more than doubled, reaching 6 billion US Dollars in the period from January to October 2018, accounting for 6.23 percent of Qatar’s total trade exchange with its trading partners.

In 2018, the U.S. ranked as the first destination for Qatar’s imports, H.E. said, noting that 19.5% of Qatar’s imports came from the USA, amounting to the value of 5.15 billion US Dollars.

H.E. added that 117 fully owned U.S. companies and 565 joint Qatari-U.S. firms are operating in the engineering, consulting, contracting, IT, commerce and services sectors in Qatar, while 55 U.S. companies are licensed under the umbrella of the Qatar Financial Centre.

H.E. explained that the private sector in both countries is well positioned to tap into a multitude of existing promising investment opportunities, including infrastructure projects related to the 2022 FIFA World Cup.

Other investment opportunities exist in Qatar’s tourism sector, H.E. said, referring to plans to attract 5.6 million visitors annually by 2023 – double the number of visitors which the country welcomed in 2016. H.E. also highlighted large-scale projects in food security, education and health services.

This positions Qatar as an encouraging and attractive environment for investors, H.E. said, voicing confidence that U.S. companies will find new and willing partners keen on establishing smart long-term business relationships.

This roundtable is a showcase to learn about the full spectrum of business and investment opportunities available in Qatar, and an important space for open conversation with key U.S. businesses, H.E. stressed.

H.E. concluded his remarks by reiterating Qatar’s commitment to its strengthened bilateral relations and economic strategic partnership with the U.S. based on common interests and mutual understanding.

For his part, Mr. Khush Choksy, Senior Vice President, Middle East and Turkey Affairs, U.S. Chamber of Commerce, elaborated on the importance of promoting bilateral relations, while highlighting both countries’ keenness on strengthening existing partnerships to achieve common interests and serve the development objectives of both Qatar and the US.

Qatar is one of the leading trading and investment partners of the U.S., Mr. Chocksy added, noting that recent meetings and events provide an important platform to discuss trade and investment opportunities and mechanisms to enhance cooperation between the two countries in various fields.

The roundtable was attended by H.E. Sheikh Faisal bin Qassim Al Thani – Chairman of the Qatari Businessman association, H.E. Sheikh Meshal Bin Hamad Al-Thani, Ambassador of the State of Qatar to the United States, and H.E. Mr. Mansoor Bin Ebrahim Al-Mahmoud, CEO of Qatar Investment Authority, along with senior officials from the Supreme Committee for Delivery & Legacy, Qatar Airways, Free Zones Authority and Barzan Holdings, as well as other Qatari executives, investors and businessmen.

The U.S. delegation included Mr. Khush Choksy, Senior Vice President, Middle East and Turkey Affairs, U.S. Chamber of Commerce, Ambassador Anne Patterson, President of the US-Qatar Business Council, along with senior executives from major US companies.

During the roundtable, the Ministry of Commerce and Industry delivered a presentation, highlighting the key features of Qatar’s attractive investment environment as well as the incentives and legislations adopted by the State to support entrepreneurship and the private sector, which will increase the flow foreign direct investment and attract additional foreign companies to the Qatari market.

Participants were also briefed on projects being undertaken by the Qatar Investment Authority, the Free Zones Authority and Barzan Holdings. Discussions touched on 2022 FIFA World Cup-related projects and investment opportunities that U.S companies can tap into, as well as the expansion plans of Hamad International Airport.

Participants also discussed the opportunities of joint cooperation between Qatar and the U.S in various fields, including trade and investment.

H.E. Minister of Commerce and Industry chairs closing ceremony of the Second Qatar-U.S Strategic Dialogue

H.E. Mr. Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, and Mr. Dan Brouillette, U.S. Deputy Secretary of Energy, inaugurated a reception ceremony at the conclusion of the second Qatar-U.S. Strategic Dialogue, which took place on Sunday, January 13, 2019.

The ceremony was attended by a number of government representatives and businessmen from Qatar and the United States.

During the ceremony, H.E. commended members of the U.S. Chamber of Commerce, the US-Qatar Business Council, Qatar Chamber and the Qatari Businessmen Association for their unwavering commitment to the promotion of bilateral ties, and their success in cementing partnerships and cooperation between the U.S. and Qatar.

H.E. also highlighted the key role that the private sector is playing in promoting joint investment in the industrial sector, while inviting U.S. investors to take advantage of the advanced logistics that Qatar has to offer in order to tap into regional and international markets.

H.E. concluded his remarks by stressing that the event provided a valuable platform for Qatari and U.S. private sector representatives to engage in discussions that will pave the way for successful investment partnerships in fields of mutual interest, to serve the aspirations of both nations.

“As we mark nearly 50 years of diplomatic relations between the U.S. and Qatar, it is remarkable how our relationship has grown across multiple levels,” said Mr. Brouillette. “U.S. companies stand ready to support Qatar in its efforts to expand LNG production over the next five years. We look forward to building on the momentum of today’s Strategic Dialogue with our great ally, partner and friend – Qatar.”

Ministry of Commerce and Industry releases report on special licenses issued in December 2018

The Ministry of Commerce and Industry has released its monthly report on special licenses issued in December 2018. The report said 688 licenses for discounts, festivals and final liquidation were issued including 229 licenses for discounts, 458 licenses for festivals and one license for final liquidation.

The report also indicated that a total of 350 licenses were issued in December including Swipe and Win; prize draws; special offers and promotional offers. 64 promotional offer licenses were granted for companies selling goods in malls and retail shops while 269 licenses were granted for special offers including new prices; buy one, get one for free; and buy one, get the second one for half the price.

4 licenses for prize draws were also awarded in December while 13 licenses for Swipe and Win were issued.

Types of licenses Number
Promotional offers 64
Special offers 269
Swipe and Win 4
Prize draws 13
Total 350

H.E. Minister of Commerce and Industry meets with Kuwaiti delegation

H.E. Mr. Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, met with a Kuwaiti delegation led by Mr. Abdulkarim Taqi Abdulkarim, General Manager of Kuwait’s Public Authority for Industry, today. The delegation comprised representatives from the Kuwaiti Embassy in Qatar, the Kuwait Chamber of Commerce and Industry, Kuwait Industries Union and representatives of industrial companies.

Discussions touched on the promotion of joint cooperation on the commercial and industrial levels, as well as opportunities to bolster bilateral trade in light of the economic potential and resources of both countries.

Talks also focused on the latest developments in terms of bilateral trade, industrial and investment relations and efforts to further strengthen ties.

During the meeting, H.E. Minister of Commerce and Industry outlined investment opportunities across all sectors, as well as the legislations adopted by the State and the initiatives launched to support the private sector, which will bolster foreign direct investments and attract more Kuwaiti companies to the Qatari market.

The meeting also touched on mechanisms to support joint investments and encourage the private sector to establish innovative investment projects in key sectors, in line with the economic policies of both Qatar and Kuwait.

Officials highlighted the importance of exchange visits between Qatari and Kuwaiti businessmen, and of encouraging cooperation between government agencies and the private sector to serve the common interests of both Qatar and Kuwait.

The two nations’ close trade relations are positively reflected on the volume of bilateral trade, which amounted to approximately QR 3.57 billion during the first 10 months of 2018, ranking Kuwait as Qatar’s 20th trading partner.

Ministry of Commerce and Industry issues Ministerial Decision regulating the fees for services charged on certain local food commodities

The decision is part of the Ministry’s efforts to regulate markets and support national products

  • This decision shall apply to fees charged by outlets for services to local suppliers of locally produced food commodities: vegetables, fruits, fish, fresh and chilled seafood, chilled meat, chilled poultry, eggs, milk, dairy products and bakery products.
  • The maximum fees for services charged by outlets to local suppliers shall not exceed 10% of the actual value of sales of the locally produced food commodities.
  • Outlets shall obtain prior approval from the committee before increasing service fees.
  • The maximum payment period for fees between outlets and local suppliers shall not exceed 15 days from the date of delivery of the monthly statement to the outlets.
  • Outlets shall not, by any means, coerce suppliers or other parties to obtain service fees or payment periods, or impose discriminatory conditions in violation of the provisions of the decision.

The Ministry of Commerce and Industry has unveiled Decision No. (7) by the committee tasked with determining maximum prices and profit ratios. The decision relates to the maximum fees for services charged on locally produced food commodities.

The decision comes within the framework of the Ministrys efforts to protect consumer rights, ensure price control, regulate markets to improve their functioning and support national products, in line with the country’s strategy in this regard.

Article (2) states that the decision shall apply to fees for services charged by outlets to local suppliers of locally-produced food commodities: vegetables, fruits, fish, fresh and chilled seafood, chilled meat, chilled poultry, eggs, milk, dairy products and bakery products.

The maximum fees for services charged by outlets shall not exceed 10% of the actual value of sales of locally produced food commodities under Article (3). The following services provided to suppliers are noted in particular: invoice discount, scheduling service fees, shelf service fees, advertising service fees and promotional service fees.

The outlets shall maintain their current rates if they fall below the maximum percentage specified in Article (3). Article (4) requires that outlets obtain prior approval from the committee before increasing the service fees provided in Article (3).

The maximum payment period for fees shall not exceed 15 days from the date of delivery of the monthly statement to the outlets, specifies Article (5), and any agreement in violation of this provision shall be null and void.

Article (6) states that outlets shall not, by any means, force the parties they deal with to obtain service fees or alter payment periods, or impose discriminatory conditions in violation of the provisions of this decision. They shall also not refuse to deal with, or impose restrictions on, local suppliers.

The decision introduces a number of obligations on outlets. Among others, Article (7) specifies that the percentage of locally produced products displayed by outlets shall not constitute less than 50% of the goods on shelves of the same class. In addition, no fees shall be charged on the entry and registration services for companies supplying locally produced food commodities. Priority shall be given to local produce displayed, which should clearly bear the label “national product”.

Article (8) stipulates that relevant authorities shall execute and apply this decision, each within its competency, as of January 1, 2019, and the decision will be published in the Official Gazette.

The Ministry of Commerce and Industry is eager to keep pace with the general trend in Qatar towards the development of local production activities, and to extend greater support for the promotion of national products in the local market. The Ministry was the first to use the phrase Together to Support National Products when it launched a national product initiative over a year and a half ago, in cooperation with major malls. The initiative played a major role in supporting entrepreneurs and local companies to launch and market their products, and have the opportunity to easily reach consumers. These efforts contributed to the growth and development of their companies through the valuable experience gained.

The Ministry of Commerce and Industry values the positive results and successes achieved in supporting local products to date. The percentage of Qatari food production significantly increased during the first year of the blockade, enabling Qatar to achieve a large percentage of self-sufficiency in milk and chilled poultry, which saw production lines, increase significantly. At the same time, the Ministry is committed to continuing all efforts to develop the activity of local companies while achieving a healthy balance between those companies and all other outlets (hypermarkets, supermarkets, etc.).

 

Ministry of Commerce and Industry announces recall of BMW X5 model of 2018 over defect in the warning light colors that appear on the counters panel and in the console data software

The Ministry of Commerce and Industry, in collaboration with Al Fardan Automobiles, dealer of BMW vehicles in Qatar, has announced the recall of BMW X5 model of 2018 over a defect in the warning light colors that appear on the counters panel and in the console data software.

The Ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.

The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.

The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:

Call Centre: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @ MOCIQATAR
Instagram: MOCIQATAR
Ministry of Commerce and Industry mobile app for Android and IOS: MEC_Qatar

Ministry of Commerce and Industry announces recall of BMW 8 Series Coupe model of 2018 because of a fault in the colors of the warning light on the cluster in front of the driver in case of a specific malfunction

The Ministry of Commerce and Industry, in collaboration with Al Fardan Automobiles, dealer of BMW vehicles in Qatar, has announced the recall of BMW 8 Series Coupe model of 2018 because of a fault in the colors of the warning light on the cluster in front of the driver in case of a specific malfunction.

The Ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.

The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.

The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:

Call Centre: 16001

Email: info@mec.gov.qa

Social media accounts:

Twitter: @ MOCIQATAR

Instagram: MOCIQATAR

Ministry of Commerce and Industry mobile app for Android and IOS: MEC_Qatar

 

Ministry of Commerce and Industry organizes introductory lecture on its multi-service charity project in Java, Indonesia

The Ministry of Commerce and Industry organized an introductory lecture on its multi-service charitable project in Java, Indonesia.

The lecture, which took place on Wednesday, December 26, 2018, highlighted the Ministry’s belief in the importance of its role in supporting charitable projects in Qatar and abroad.

Through its charitable project, the Ministry participates in a radio program entitled ‘Competitors 3’, organized by Qatar Charity (QC) in cooperation with Al Quran Al Kareem Radio.

During the lecture, which was attended by Dr. Abdulrahman Al-Harami (presenter of ‘Competitors’), the Ministry’s team participating in the program presented their experiences during the field visit to the project site in Java, Indonesia.

In addition, the Ministry team delivered a presentation on the details of the charity project, which benefits more than 1,600 people. Built on a total area of ​​2,786 square metres, the project provides many services to students and orphans on the island of Java.

The value of the Ministry’s charity project is approximately QR 2.468 million. It includes a furnished school with administration for preparatory and secondary levels, furnished housing for students, an integrated mosque, a sewing factory accommodating 24 machines, shops, sports fields and an artesian well.

During the lecture, the Ministry’s team explained that members of the public can donate and participate in charitable projects by visiting Qatar Charity website, home collector service or QC’s offices. Donors also can call QC’s hotline 44667711 or send a SMS to 92124 or visit Qatar Charity App.

Ministry of Commerce and Industry announces recall of BMW X5 model of 2018 over malfunction in the vehicle camera system

The Ministry of Commerce and Industry, in collaboration with Al Fardan Automobiles, dealer of BMW vehicles in Qatar, has announced the recall of BMW X5 model of 2018 over a malfunction in the vehicle camera system.

The Ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.

The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.

The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Centre: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @ MOCIQATAR
Instagram: MOCIQATAR
Ministry of Commerce and Industry mobile app for Android and IOS: MEC_Qatar

Ministry of Commerce and Industry announces recall of Honda Odyssey model of 2018 due to potential defect in the brake pedal

The Ministry of Commerce and Industry, in collaboration with DOMASCO – Doha Marketing Services Company, dealer of Honda vehicles in Qatar, has announced the recall of Honda Odyssey model of 2018 due to a potential defect in the brake pedal.

The Ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.

The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.

The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:

Call Centre: 16001

Email: info@mec.gov.qa

Social media accounts:

Twitter: @ MOCIQATAR

Instagram: MOCIQATAR

Ministry of Commerce and Industry mobile app for Android and IOS: MEC_Qatar

Ministry of Commerce and Industry announces recall of BMW X5 model of 2018 due to soft¬ware error in the intelligent battery sensor

The Ministry of Commerce and Industry, in collaboration with Al Fardan Automobiles, dealer of BMW vehicles in Qatar, has announced the recall of BMW X5 model of 2018 due to a soft¬ware error in the intelligent battery sensor.
The Ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.

The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.

The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Centre: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @ MOCIQATAR
Instagram: MOCIQATAR
Ministry of Commerce and Industry mobile app for Android and IOS: MEC_Qatar

Ministry of Commerce and Industry signs MoU with the Social Development Centre (Nama)

  • The MoU includes the launch of a joint initiative between the two sides and a number of shopping malls, to enable entrepreneurs to enter the market and showcase their products.
  • Facilitating the process of obtaining the necessary licenses for the beneficiaries of programs and projects of Nama Centre.
  • Offering an integrated file, including general tips and tools for entrepreneurs and a schedule of courses, programs and services provided by the centre, to each person who obtains a new commercial registration from the Ministry.
  • Providing support to enable home enterprises to enter procurement departments of the ministries and institutions in Qatar.

The Ministry of Commerce and Industry has signed a Memorandum of Understanding with the Social Development Centre (Nama) to promote cooperation between the two parties. The initiative will contribute to the development of the country’s entrepreneurial environment, support the national development process, and encourage entrepreneurship and innovation within the Qatari business community.

The MoU was signed by Mr. Tariq Abdulaziz Al-Sada, Director of Public Relations and Communications Department at the Ministry of Commerce and Industry, and Mrs. Amal Bint Abdullatif Al-Mannai, Acting Executive Director of the Social Development Centre (Nama).

Mr. Al-Sada said that the signing of the MoU reflects the mutual interest in enhancing cooperation towards supporting the country’s entrepreneurship sector, and developing small and medium enterprises.

He added that it was agreed, under the terms of the MoU, to launch several training and awareness initiatives and programs that will contribute to capacity building in this vital sector. He also indicated that the MoU presents a great opportunity for entrepreneurs to acquire additional expertise and tools for managing and developing their enterprises.

Mr. Al-Sada stressed that the organization and support of the local entrepreneurship sector and SMEs is a priority for the country, as it is a cornerstone of economic diversification, stimulating investment and enhancing innovation in line with the Qatar National Vision 2030.

He explained that the Ministry has launched several innovative initiatives and projects, and provided an attractive legislative environment, by enhancing legislation that supports the local entrepreneurship sector and contributes to its advancement, in order to serve the objectives and strategic direction of the country.

Mrs. Al-Mannai expressed her pleasure at signing the MoU, which comes in the context of the Center’s continued efforts to empower entrepreneurs who own small and micro enterprises. Providing them with opportunities through initiatives, programs and projects that serve them, and strengthen their capacities to promote society as a whole, are key objectives.

Mrs. Al-Mannai voiced the hope that the MoU will achieve all of its desired goals, and profide a major incentive for young people to become more productive, serve their communities and contribute to the realization of the Qatar National Vision 2030.

She also emphasized the benefits of the MoU for young entrepreneurs, stressing that it will facilitate the process of licensing for the beneficiaries of programs and projects of Nama Centre. In addition, the experiences gained by youth through communicating with experts and trainers in this field will be beneficial, as well as the numerous opportunities this MoU will offer to owners of small and micro enterprises, which will ultimately benefit society in achieving sustainable development.

According to the signed MoU, specialized training programs targeting the owners of small and micro enterprises will be jointly launched, announced and held at the headquarters of the Ministry, the Centre or other agreed facility.

A joint initiative will be launched by the two parties to enable entrepreneurs to enter the market and showcase their products in a number of shopping malls, whether in dedicated or shared spaces, according to mechanisms established by the two parties to benefit all targeted groups and ensure the growth of their activities.

The MoU states that young people must be empowered to develop a thorough understanding of Qatar National Vision 2030, its pillars and strategies, so as to strengthen the youth‘s contribution to achieving sustainable development in all fields.

The MoU aims to exchange experiences between the two sides, create opportunities for entrepreneurs and provide channels of communication between them and experts and trainers in different entities. The MoU also aims to facilitate the process of obtaining the necessary licenses for the beneficiaries of programs and projects of Nama Centre.

In addition, an integrated file – including general tips and tools for entrepreneurs and a schedule of courses, programs and services offered by the Centre to the entrepreneurs – will be provided to each person who obtains a new commercial registration from the Ministry or one of its branches. The two parties will supervise its implementation.

Under the MoU, the two parties will jointly raise awareness of the services and initiatives provided by the Ministry and the Centre through the formation of a contact team between Nama Centre and the Ministry.

The MoU provides adequate support to enable home projects that have been incubated by Nama Centre to enter the procurement departments of the country’s ministries and institutions through the Centre. Joint efforts will enhance the success of the training programs and projects, including joint coordination through the marketing of services of both parties, further developing the entrepreneurship environment.

Under the MoU, a joint committee consisting of the representatives of the two parties will be created to establish controls and mechanisms for implementing the agreement and facilitating any related arrangements. The MoU will be valid for three years from the date of signing, and may be renewed for a similar period by mutual agreement.

Ministry of Commerce and Industry announces recall of BMW X5 model of 2018 because of weak insulation rubber at the bottom of the car due to natural factors

The Ministry of Commerce and Industry, in collaboration with Al Fardan Automobiles, dealer of BMW vehicles in Qatar, has announced the recall of BMW X5 model of 2018 because of the weak insulation rubber at the bottom of the car due to natural factors.

The Ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.

The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.

The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:

Call Centre: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @ MOCIQATAR
Instagram: MOCIQATAR
Ministry of Commerce and Industry mobile app for Android and IOS: MEC_Qatar

H.E. Minister of Commerce and Industry honors graduated employees

H.E. Mr. Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, honored a number of employees who have completed their university studies after being employed at the Ministry.

H.E. Mr. Al Kuwari congratulated the graduates, praising their achievements at educational and professional levels, which contribute to the realization of the Ministry’s vision and mission. H.E. also praised their positive contribution to achieving the Ministry’s objectives of fostering its employees’ career development, pointing out that their achievements encourage other employees who wish to continue in higher education, hoping that they will go on to serve and develop the country.

His Excellency also thanked all employees working across the Ministry’s departments for their outstanding contribution to improving the performance of the Ministry through their continuous efforts to adopt the highest standards of international quality in education and training.

The recognition ceremony comes within the framework of the Ministry of Commerce and Industry’s keenness to develop employee loyalty through encouraging staff members to enroll in scholarships, whether internal or external. As part of this aim, the Ministry enables employees to take special leave, and provides special expenses where required.

The honorees expressed their thanks to the Minister of Commerce and Industry for this generous recognition, confirming that it will act as a catalyst and incentive for them to pursue further achievements, and to exert additional efforts in their studies and work.

Ministry of Commerce and Industry concludes its activities in Darb Al Saai

  • The pavilion witnessed a big turnout by school students and the public.
  • Innovative activities and events aimed at educating the public in a distinctive and different way.

The Ministry of Commerce and Industry concluded the activities of its pavilion organized in Darb Al Saai on Thursday, December 20, 2018, as part of Qatar’s National Day celebrations. The Ministry’s pavilion witnessed a great turnout by school students and the public.

The pavilion featured a dedicated area for a visitors’ book where participants could pen their signatures and messages about their love for Qatar. Participants used an iPad connected to a large screen to display the signatures, which was marked by thousands of signatures and patriotic expressions.

The Ministry organized innovative activities using modern technology, to educate the general members of the public in a distinctive and different way.

In addition, the Ministry presented various programs and competitions targeting all age groups, especially children, to highlight the three sectors of the Ministry, namely, Commerce, Industry, and Consumer Protection, and to achieve the Ministry’s objectives in line with the Qatar National Day vision.

Events included awareness and educational programs in addition to various activities targeting members the general public. The events focused on numerous topics including how to invest in a new business using a simple approach, sound consumption habits based on smart shopping, how to choose and compare goods, how to establish a family budget and the important role that consumers play as key partners in protecting their rights, among other important awareness messages to society.

The Ministry presented certificates to the youth who had participated in its pavilion from December 15-20, 2018.

Ministry of Commerce and Industry concludes the first edition of the National Day Trade Festival

  • The first edition of the Festival achieved great success.

The Ministry of Commerce and Industry, in cooperation with the National Tourism Council, concluded the first edition of the National Day Trade Festival on Thursday, December 20, 2018, organized as part of Qatar’s National Day celebrations.

The first edition of the festival was a great success, with significant participation from 14 malls and over 600 outlets and companies, through the launch of huge and unprecedented discounts in the retail, hospitality, leisure, and education sectors in addition to clinics, medical centers, beauty centers, and service companies among other institutions.

The private sector companies and organizations that participated in the festival included all trade and service sectors such as shopping malls, restaurants, retail outlets, beauty salons, hospitality service providers, hotels, sport clubs, health and beauty centers and institutes, and entertainment centers.

The front windows of participating outlets and companies bore the National Day Trade Festival logo label which was designed specifically for this event and distributed to participants free of charge.

Through the festival, the Ministry of Commerce and Industry and the National Tourism Council achieved their objective of supporting the private sector and boosting demand across the retail sector. The festival has stimulated trade across local markets, contributed to the country’s economy, enhanced internal and external tourism, and created an environment conducive to the growth of the trade sector.

This initiative aligns with the Ministry’s efforts to organize yearly events that reflect pride in Qatar’s National Day celebrations, and which strengthen the values of loyalty and pride in belonging to the country and its wise leadership. The Ministry also sought to bolster trade activity across all markets by offering retail outlets the opportunity to offer outstanding promotions, thus enabling citizens and residents to benefit from discounts during this period.

H.E. Minister of Commerce and Industry meets Senior Vice President for Middle East and Turkey Affairs, at the U.S. Chamber of Commerce

His Excellency Mr. Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, met today with Mr. Khush Choksy, Senior Vice President for Middle East and Turkey Affairs at the U.S. Chamber of Commerce, who is currently visiting Doha.

Discussions touched on the promotion of cooperation between the Ministry of Commerce and Industry and the U.S. Chamber of Commerce.

Both sides discussed the promotion of bilateral relations between Qatar and U.S. on the economic, industrial, and commercial levels as well as the opportunities to bolster bilateral trade in view of the economic resources and potential of both countries.

Discussions touched on the latest developments in the two countries’ bilateral economic, commercial, investment, and industrial relations, and measures to strengthen these ties.

H.E. the Minister of Commerce and Industry shed light on investment opportunities in Qatar across all sectors. Legislation has been adopted by Qatar and initiatives launched to support the private sector, aimed at stimulating foreign direct investment and attracting more American companies to the already growing number in the Qatari market.

H.E added that the Ministry will organize a special event for the private sector during the U.S. Strategic Dialogue to be held in January 2019 with attendance by top management from government and private organizations to discuss investment and commerce.

H.E. voiced hope that the event would be well attended by American companies, which could benefit from a presence in Qatar.

U.S participating companies will be presented with details of the advanced infrastructure provided by Qatar to investors and have a forum to explore the available investment opportunities with Qatari business leaders.

During the meeting, both sides discussed ways to support joint investments and encourage the private sector to establish innovative investment initiatives in the major economic sectors, which will benefit both countries.

The two sides stressed the importance of exchanging visits between businesspersons, and strengthening cooperation between governmental bodies and the private sector to serve the joint interests of Qatar and the U.S.

Qatar and the U.S. enjoy close economic and trade relations, which have reflected positively on the volume of bilateral trade, which reached about QAR 22 billion in the first 10 months of 2018. The U.S. is Qatar’s fifth largest trading partner with 6.23 percent of Qatar’s total trade exchange.

More than 650 U.S. companies currently operate in Qatar, of which 117 are fully U.S. owned, in addition to over 55 U.S. companies licensed under the Qatar Financial Centre umbrella.

Ministry of Economy and Commerce announces recall of Mercedes Benz C-Class and GLC-Class models of 2015-2017 because the engine control unit does not agree with the manufacturer’s specifications


 
Ministry of Economy and Commerce announces recall of Mercedes Benz C-Class and GLC-Class models of 2015-2017 because the engine control unit does not agree with the manufacturer’s specifications
 
The Ministry of Economy and Commerce, in collaboration with Nasser Bin Khaled Automobiles, dealer of Mercedes Benz vehicles in Qatar, has announced the recall of Mercedes Benz C-Class and GLC-Class models of 2015-2017 because the engine control unit does not agree with the manufacturer’s specifications.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Centre: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

H.E. Minister of Economy and Commerce meets with West Virginia Governor and senior U.S. officials

​During a visit to West Virginia to promote economic, trade and investment cooperation between Qatar and the U.S.H.E. Minister of Economy and Commerce meets with West Virginia Governor and senior U.S. officials
 
 
West Virginia Governor H.E Mr. Jim Justice received H.E Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, Minister of Economy and Commerce.
 
The meeting took place within the framework of H.E the Minister and the accompanying delegation’s visit to U.S.
 
Discussions touched on efforts to bolster joint cooperation in the economic sector.
 
H.E Mr. Jim Justice hosted a working lunch in honor of H.E Minister of Economy and Commerce and the accompanying delegation.
 
H.E Sheikh Ahmed had met with a number of senior U.S officials to promote economic, trade and investment cooperation between Qatar and the US.
 
H.E Sheikh Ahmed held talks with Mr. Danny Jones, Mayor of Charleston, West Virginia, H.E Steve Roberts, President of the West Virginia Chamber of Commerce, H.E Senator Mitch Carmichael, President of the West Virginia Senate, Mr. Craig Blair, Chair of the State Senate Finance Committee, Mr. Eric Nelson, Chair of the State House Finance Committee, Mr. Steve Roberts, Team Captain for Leadership and Transformation at West Virginia Chamber of Commerce, Mr. David Haden, Chairman of Finance Audit and Facilities Planning Committee on the Board of Governors at Marshall University.
 
Discussions touched on efforts to bolster joint cooperation in the economic, trade and investment fields as well as opportunities to bolster bilateral trade in light of the economic potential and resources of both countries.
 
The meeting also touched on the positive outcomes of the first phase of Qatar’s Economic Roadshow in the U.S, which kicked off in April.
 
During the meeting, H.E Sheikh Ahmed shed light on the incentives and legislative and administrative advantages that Qatar offers to stimulate and attract investment, including a law regulating non-Qatari investments. The law allows foreign investors 100% ownership across all sectors and commercial activities and facilitates the access of investors into the Qatari market.
 
Officials also stressed the importance of exchanging visits between Qatari and American businessmen and encouraging cooperation between government agencies and the private sector to the benefit of both countries.
 
During the meeting with Mr. Steve Roberts, President of the West Virginia Chamber of Commerce, H.E Minister of Economy and commerce, invited businessmen in West Virginia to visit Qatar in order to learn about the investment opportunities.
 
The series of meetings held in West Virginia is part of the ongoing bilateral visits and meetings.
 
The first phase of Qatar’s Economic Roadshow in the U.S, which kicked off in April, featured four economic forums in the cities of Miami, Washington, DC, Charleston and Raleigh. The forums were organized by the Ministry of Economy and Commerce in cooperation with the Qatar Chamber, the U.S Chamber of Commerce, the Qatari Businessmen Association, the Qatari-U.S Business Council and a number of official U.S bodies.
 
The tour featured economic forums, bilateral discussions, meetings between Qatari businessmen and their American counterparts, affiliated exhibitions and roundtable sectorial discussions in the fields of real estate, investment, hospitality, tourism, hotel, technology, health, medicine, banking, law, public-private partnerships and infrastructure projects.
 
Qatar and the U.S. enjoy close economic and trade relations, which have reflected positively on the volume of bilateral trade, which reached about QR 21 billion in 2017. The U.S is Qatar’s first trading partner and primary source of imports, with 16.3% of Qatar’s imports coming from the U.S.
 
More than 650 American companies currently operate in Qatar, of which 117 are fully owned by U.S citizens.
 
 
 
 
 
 
 

Ministry of Economy and Commerce shuts down beauty salon in Al Gharafa for two weeks over display and sale of expired products

​Ministry of Economy and Commerce shuts down beauty salon in Al Gharafa for two weeks over display and sale of expired products
 
The Ministry of Economy and Commerce has announced the two-week closure of a beauty salon located in Al Gharafa over the display and sale of expired products.
 
The closure decision comes within the framework of the ministry’s intensive inspection campaigns to monitor markets and commercial activities in order to crack down on violations, price manipulation and counterfeit and substandard products.
 
The beauty salon was fined and closed for a two-week period in line with article (7) of law number (8) of 2008. Article 7 compels suppliers to clearly display on the product’s package or label the type and nature of the item as well as other relevant data. The law also prohibits the display of fraudulent descriptions, advertisements and misleading statements.”
The administrative closure declaration shall be published at the expense of the salon that committed the violation in accordance with Article (3) of Law No. (8) on Consumer Protection. The law stipulates that the closure decision shall be published on the Ministry’s website and in two daily newspapers at the expense of the violator.

The ministry stressed that it will not tolerate any violations of Consumer Protection Law and its regulation. The ministry said it will intensify its inspection campaigns and will refer those who violate laws and ministerial decrees to competent authorities, who will in turn take appropriate action against perpetrators in order to protect consumer rights.
 
The ministry urges all consumers to report violations or submit complaints and suggestions to its consumer protection and anti-commercial fraud department through the following channels:
 
– Call Centre: 16001
– Email: info@mec.gov.qa
– The accounts of the Ministry of Economy and Commerce on social media networks
– Twitter MEC_QATAR
– Instagram MEC_QATAR
-The applications of the Ministry of Economy and Commerce on smart phones available on iPhone and Android devices MEC_QATAR
 
 

Ministry of Economy and Commerce shuts down beauty salon in Al Waab over use of expired products

​Ministry of Economy and Commerce shuts down beauty salon in Al Waab over use of expired products
 
The Ministry of Economy and Commerce has announced the one-week closure of a beauty salon located in Al Waab over the use of expired products.
 
The closure decision comes within the framework of the ministry’s intensive inspection campaign to monitor markets and commercial activities in order to crack down on violations, price manipulation and counterfeit and substandard products.
 
The beauty salon was fined and closed for a one-week period in line with article (6) of law number (8) of 2008. Article 6 prohibits the sale, display and promotion of substandard, counterfeit and fraudulent products. A product is considered fraudulent if it fails to meet the standards, is unusable or has expired.
 
The administrative closure declaration shall be published at the expense of the beauty salon that committed the violation in accordance with Article (18) of Law No. (8) on Consumer Protection. The law stipulates that the closure decision shall be published on the Ministry’s website and in two daily newspapers at the expense of the violator.

The ministry stressed that it will not tolerate any violations of Consumer Protection Law and its regulation. The ministry said it will intensify its inspection campaigns and will refer those who violate laws and ministerial decrees to competent authorities, who will in turn take appropriate action against perpetrators in order to protect consumer rights.
 
The ministry urges all consumers to report violations or submit complaints and suggestions to its consumer protection and anti-commercial fraud department through the following channels:
 
– Call Centre: 16001
– Email: info@mec.gov.qa
– The accounts of the Ministry of Economy and Commerce on social media networks
– Twitter MEC_QATAR
– Instagram MEC_QATAR
-The app of the Ministry of Economy and Commerce available on iPhone and Android devices MEC_QATAR
 

Ministry of Economy and Commerce announces recall of Toyota Avalon model of 2012 over possibility of defect in the front left and right seat belt buckle


Ministry of Economy and Commerce announces recall of Toyota Avalon model of 2012 over possibility of defect in the front left and right seat belt buckle
 
The Ministry of Economy and Commerce, in collaboration with Abdullah Abdulghani & Bros Co W.L.L, dealer of Toyota vehicles in Qatar, has announced the recall of Avalon model of 2012 over the possibility of a defect in the front left and right seat belt buckle.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

 

Ministry of Economy and Commerce announces recall of Dodge Ram models of 2015-2017 over defect in the rear door lock of the vehicle


Ministry of Economy and Commerce announces recall of Dodge Ram models of 2015-2017 over defect in the rear door lock of the vehicle
 
The Ministry of Economy and Commerce, in collaboration with United Cars Almana, dealer of Dodge vehicles in Qatar, has announced the recall of Dodge Ram models of 2015-2017 over a defect in the rear door lock of the vehicle.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Ducati Mosnter 1200 R, Mosnter 1200 S, Multistrada 1200 S, and Superleggera 1299 models of 2015-2017 to replace front Brembo brake master cylinder piston from PPS to Aluminum


Ministry of Economy and Commerce announces recall of Ducati Mosnter 1200 R, Mosnter 1200 S, Multistrada 1200 S, and Superleggera 1299 models of 2015-2017 to replace front Brembo brake master cylinder piston from PPS to Aluminum
 
The Ministry of Economy and Commerce, in collaboration with Al Fardan Motorcycles, dealer of Ducati Motorcycles in Qatar, has announced the recall of Ducati Mosnter 1200 R, Mosnter 1200 S, Multistrada 1200 S, and Superleggera 1299 models of 2015-2017 to replace the front Brembo brake master cylinder piston from PPS (Polyphenylene Sulphide) to Aluminum.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that bike dealers follow up on motorcycles ‘ defects and repair them.
 
The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Volkswagen Tiguan model of 2016 over malfunction in child safety lock


Ministry of Economy and Commerce announces recall of Volkswagen Tiguan model of 2016 over malfunction in child safety lock
 
The Ministry of Economy and Commerce, in collaboration with Q-Auto, dealer of Volkswagen vehicles in Qatar, has announced the recall of Volkswagen Tiguan model of 2016 over malfunction in child safety lock.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The ministry has urged all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department.
 
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

 

Ministry of Economy and Commerce announces recall of Ford F-150 models of 2015-2018 because the friction of the electrical wires of the seatbelts with the car pedals in the event of a collision leads to a fire


Ministry of Economy and Commerce announces recall of Ford F-150 models of 2015-2018 because the friction of the electrical wires of the seatbelts with the car pedals in the event of a collision leads to a fire
 
The Ministry of Economy and Commerce, in collaboration with Ford dealer in Qatar, Almana Motors Company, has announced the recall of Ford F-150 models of 2015-2018 because the friction of the electrical wires of the seatbelts with the car pedals in the event of a collision leads to a fire.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Qatar’s Minister of Economy and Commerce says Qatar and Germany are key partners in the MENA region


During his participation in the Qatar-Germany Business and Investment Forum
Qatar’s Minister of Economy and Commerce says Qatar and Germany are key partners in the MENA region
 HE Qatar’s Minister of Economy and Commerce sheds light on the promotion of bilateral trade and investment ties, as well as the growth indicators and achievements of both economiesQatar and Germany have inked partnership and cooperation agreements in the economic, science, education, vocational training, research, development, and renewable technology fields, among other sectorsQatari-German bilateral trade volume over the 2013-2017 period grew significantly to approximately $12.6 billion. Qatar ranked as Germany’s 11th largest trading partner, and third largest export destination in 2017Over 304 German companies are currently operating in Qatar, including 45 which are wholly owned by German investors, in addition to 259 joint Qatari-German companies operating across various sectorsQatar has invested c.€25 billion into vital projects in the automotive, IT and banking sectorsRemittance outflows from Qatar to Germany amounted to nearly $8 billion during 2015-2017 period, including repatriated profits from businesses, salaries and payments.In 2017, Qatar’s gross domestic product (GDP) rose at constant prices by 1.6%.The non-oil sector’s share of GDP increased to 51.8% in 2017 compared with 50.5% in 2016.The government allocated 93 billion Qatari riyals (21.9 billion euros) in its 2018 budget to fund development projects.
 
H.E. Sheikh Ahmed Bin Jassim Bin Mohammed Al Thani, Qatar’s Minister of Economy and Commerce, has participated in the first session of the Qatar-Germany Business and Investment Forum, which kicked off in Berlin on Friday.
H.E. Dr Ulrich Nussbaum, Germany’s Federal Minister of Economic Affairs and Energy, H.E. Sheikh Khalifa bin Jassim Bin Mohammed Al-Thani, Chairman of Qatar Chamber, H.E. Sheikh Faisal Bin Qassim Al Thani, chairman of the Qatari Businessmen Association, Mr. Salman Kaldari, Chairman of the Single Window, and Mr Khamis Ahmed Al-Mohannadi, Chairman of the Private Sector Development and Support Committee, participated in the session along with a number of Qatari and German officials, businessmen and representatives of major companies.
H.E. Sheikh Ahmed touched on German-Qatari bilateral trade and investment ties, highlighting the most recent economic indicators and achievements of both countries.
H.E. noted that Doha and Berlin have more than 60 years of commercial relations, marked by collaboration and partnership agreements in the economic, science, education, technical training, research and development, and new and renewable technologies fields. Over 44 years of diplomatic relations have positioned Qatar as a key partner of Germany in the Middle East and North Africa region, the minister added.
Qatar and Germany have signed several agreements and memoranda of understanding, including an agreement on the promotion and protection of investments, H.E. said.
Qatar and Germany have also signed agreements and memoranda of understanding in the areas of sports, health and media, in addition to the fields of archeology, solar energy, cultural, industrial, commercial, civil aviation and air transport.  
Both countries have also signed an agreement on the establishment of a joint committee for trade, economic and technical cooperation, H.E. said.
The committee has so far convened for five sessions, with the fifth taking place in Doha in the last quarter of 2016.
These ties reflect positively on the Qatari-German bilateral total trade exchange, which has been steadily increasing year-on-year, reaching approximately $12.6 billion over the last five years.
Qatar is now positioned as Germany’s 11th largest trading partner, and Germany was the third largest destination for Qatar’s imports in 2017, H.E. said.
These positive indicators demonstrate that Qatar and Germany can build on existing opportunities to bolster trade and investment relations, H.E. said, urging additional efforts to achieve a trade balance between the two countries.
Qatar’s significant investments in Germany represent another key reason to expand investment relations and extend the long-term economic and financial cooperation between Doha and Berlin, H.E. said, noting that Qatar Investment Authority (QIA) has invested about $25 billion into vital projects in the automotive, IT and banking sectors.
On the other hand, over 304 German companies are currently operating in Qatar, including 45 companies that are 100%-owned by German investors, in addition to 259 joint Qatari-German companies. These firms are involved in the development of railway, road and infrastructure projects, as well as the service industry, trade, contracting,  telecommunications and medical equipment, among other fields.
H.E. highlighted that Qatar Airways operates around 35 weekly flights to Germany, including 14 each to Munich and Frankfurt, seven to Berlin, and seven weekly cargo flights to Frankfurt. This has reflected positively on bilateral trade and tourism, as demonstrated by the 25% year-on-year increase in the number of German tourists visiting Qatar, reaching 45,000 in 2017.
Touching on the resilience of the Qatari economy, Sheikh Ahmed said Qatar had weathered the unjust blockade imposed on the country in 2017, noting that the strong recovery in global energy prices, thanks to diminishing supply and rising global demand, has bolstered domestic growth performance.
 
Qatar has also managed to establish direct commercial lines with a number of strategic ports that now represent key trading partners, H.E. said, adding that the business-friendly environment and investment opportunities that Qatar offers have contributed to the establishment of a very successful air fleet operated by Qatar Airways, the world’s 5-star airline.
 
Along the same lines, Qatar is utilising its world-class facilities and hi-tech logistics in activating regional agreements with Kuwait, Iraq, Oman, Turkey, Iran, Pakistan, Azerbaijan and other countries in central Asia, H.E. said. Through these agreements, Qatar aims to expand its trade activities by establishing a sea fleet that connects the nation with its major trading partners around the world, targeting a market comprising 400 million people in its first stage.
 
Sheikh Ahmed explained that the wise policies adopted by the state, which stimulated all sectors of the economy to achieve increased productivity, have reflected positively on the nation’s economic performance. Qatar’s economy continued its impressive performance during the past year, H.E. said, confirming that the country was not particularly affected by the blockade.
In 2017, Qatar’s gross domestic product (GDP) rose at constant prices to U.S. $221.6 billion, compared to $218 billion in 2016, – a better than expected growth rate of 1.6%.
Non-oil real GDP grew at a reasonable rate of 4.2% in 2017 despite the unjust embargo imposed on Qatar, H.E. said, adding that the non-hydrocarbon sector’s share of GDP increased to 51.8% in 2017 compared with 50.5% in 2016.
 
The transfer and readjustment of economic activities has also breathed life into the manufacturing, trade and construction sector, which rebounded strongly in the second half of 2017, H.E. said. Sheikh Ahmed also noted a recovery in the wholesale and retail sectors in the fourth quarter of 2017, which reflects the resilience of Qatar’s economy to volatility, thanks to the diversification strategy endorsed in recent years.
 
The opening of the new Hamad Port, one of the country’s leading integrated infrastructure projects, has also played a key role in facilitating foreign trade and addressing the negative consequences of the unjust siege, H.E. noted.
 
Quoting the latest report released by the World Bank, H.E. said that Qatar’s real GDP growth is expected to increase to 2.8% in 2018, the highest among GCC countries.
 
H.E. added that the annual inflation rate in the consumer price index (CPI), declined to 0.5% in 2017 from 2.7% in 2016, reflecting lower rental fees in addition to reductions in food prices.
 
Qatar’s foreign trade sector witnessed remarkable growth last year, with trade volume increasing by 16% to 103 billion US dollars in 2017, H.E. said.
All these positive indicators, according to Sheikh Ahmed, show that Qatar has overcome the challenges arising from the blockade by enhancing its economic competitiveness and cementing its position as an attractive investment destination.
Elaborating on the legislative and legal frameworks that Qatar has adopted to stimulate investments, H.E. said a significant number of laws and regulations have been revised to keep abreast of political and economic developments in the region, as well as to meet the requirements of the Qatar National Vision 2030 and to encourage domestic and foreign investments.
 
For instance, Foreign Investment Law No. 13 of 2000, enables foreign investors up to 100% ownership in numerous economic sectors, H.E. said, stressing that a new law will streamline investment procedures in light of the many promising investment opportunities in the logistics, food security, education, health, tourism and sports sectors.
 
Currently, and within the framework of the National Development Strategy 2017-2022, additional organisational and institutional reforms are being undertaken to encourage foreign direct investments, H.E. said.
 
These reforms enable the Ministry of Economy and Commerce to play a key role in terms of approving foreign investment, reviewing Qatar’s legislative frameworks to remove restrictions on access to priority sectors, and revising the legislative framework of the current investment law to further protect investors’ rights in relation to capital movement and property expropriation, while guaranteeing that foreign and local investors are treated equally in accordance with the law, H.E. said.
 
H.E. added that the Ministry will also seek regulations and legislation that are consistent with international best practices.
 
The amendments that the state introduced to the Free Zones Law represent an important step in strengthening Qatar’s position as a leading investment destination in the region, H.E. said. The new law provides many advantages and incentives for investors. These include allowing foreign investors up to 100% ownership, eliminating restrictions on capital origin, the freedom to choose the legal entity of a project, exempting capital assets, required production material, exports and imports of taxes and fees, which will in turn streamline the flow of goods and services from and to Qatar.
 
H.E. added that free zones constitute a one-stop shop for all licenses required by investors, who are only required to seek the approval of the Free Zone Authority.
Touching on trade openness between Doha and Berlin, H.E. expressed his confidence that Qatar will become a major international business hub in the region across all fields including trade, industry and services.
On the private sector front, Sheikh Ahmed said the sector proved resilient amid economic challenges, noting that Qatari companies seized the opportunities that the government offered to increase their contribution to Qatar’s development.
The government had allocated 93 billion Qatari riyals (21.9 billion euros) in its 2018 budget for the development of major projects relating to the FIFA 2022 World Cup, health, education, and transport among others, H.E. said.
These figures indicate the productive partnership between the public and private sectors, in addition to the key contribution of private investments in the development of  Qatari economy, H.E. stressed.
Public-private partnership projects are not new to Qatar, H.E. explained, noting that the state had previously introduced such initiatives across various sectors including the energy and water sectors. Qatar has continued to undertake such partnerships over the years, and is now aiming to extend PPPs to the infrastructure, sports, education, health and government services sectors.
Qatar is currently developing a legal and institutional framework for PPPs in accordance with best international practices, H.E. said, explaining that this framework has been designed specifically to accelerate and facilitate the implementation of PPPs in Qatar, as well as to streamline the implementation of economic and social infrastructure projects, whether by domestic or foreign investors.
A Public Private Partnership Law has been drafted and is currently being adopted, H.E. explained, noting that the law will also contribute to enhancing government support for PPPs and establishing a clear legal framework based on a more efficient and transparent procurement process.
The ninth edition of the Qatar Business and Investment Forum featured five working sessions attended by high-level government officials, businessmen and representatives of major companies from both countries. The sessions touched on efforts to enhance bilateral economic and investment cooperation including growth indicators of a truly successful partnership, cooperation in the financial sector, the promotion of industrial cooperation between Doha and Berlin to contribute to the diversification of income sources, in addition to the promotion of investments in Germany and bilateral cooperation in the fields of tourism, health and sports, especially in relation to the FIFA 2022 World Cup.
The forum also featured bilateral meetings between Qatari and German businessmen, during which participants reviewed investment opportunities in both countries and discussed mechanisms to bolster long-term economic cooperation between Qatari and German companies.
 

Ministry of Economy and Commerce announces recall of Ducati Panigale 1299, Panigale 1299 S and Panigale 1299 R final edition models of 2015-2018 because the front brake piston may get crack under high stressful conditions


Ministry of Economy and Commerce announces recall of Ducati Panigale 1299, Panigale 1299 S and Panigale 1299 R final edition models of 2015-2018 because the front brake piston may get crack under high stressful conditions
 
The Ministry of Economy and Commerce, in collaboration with Al Fardan Motorcycles, dealer of Ducati Motorcycles in Qatar, has announced the recall of Ducati Panigale 1299, Panigale 1299 S and Panigale 1299 R final edition models of 2015-2018 because the front brake piston may get crack under high stressful conditions.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that bike dealers follow up on vehicles’ defects and repair them.
 
The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Mazda 2 model of 2016 because the parking brake lever may not hold in position


Ministry of Economy and Commerce announces recall of Mazda 2 model of 2016 because the parking brake lever may not hold in position
 
The Ministry of Economy and Commerce, in collaboration with the National Car Company, dealer of Mazda vehicles in Qatar, has announced the recall of Mazda 2 model of 2016 because the parking brake lever may not hold in position.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Mercedes Benz Sprinter model of 2017 because the spot welds that join the door frame with the hinge reinforcements behind it might not have been applied as required


Ministry of Economy and Commerce announces recall of Mercedes Benz Sprinter model of 2017 because the spot welds that join the door frame with the hinge reinforcements behind it might not have been applied as required
 
The Ministry of Economy and Commerce, in collaboration with Nasser Bin Khaled Automobiles, dealer of Mercedes Benz vehicles in Qatar, has announced the recall of Mercedes Benz Sprinter model of 2017 because the spot welds that join the door frame with the hinge reinforcements behind it might not have been applied as required.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar
 

Ministry of Economy and Commerce announces recall of Kia Carnival models of 2005-2014 because the ICM relay box might exhibit damage due to moisture ingress


Ministry of Economy and Commerce announces recall of Kia Carnival models of 2005-2014 because the ICM relay box might exhibit damage due to moisture ingress
 
The Ministry of Economy and Commerce, in collaboration with Al-Attiya Motors and Trading Co., dealer of Kia vehicles in Qatar, has announced the recall of Kia Carnival models of 2005-2014 because the ICM (Integrated Circuit Module) relay box might exhibit damage due to moisture ingress.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Centre: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce carries out inspection campaigns targeting bookshops and stores specialized in the sale of school supplies


Ministry of Economy and Commerce carries out inspection campaigns targeting bookshops and stores specialized in the sale of school supplies 
 
Ministry also provides back-to-school tips
 
As the academic year kicks off, the Ministry of Economy and Commerce carried out inspection campaigns targeting a number of bookshops and stores specialized in the sale of school supplies, in a bid to monitor the compliance of suppliers (shops) with their obligations under law No. 8 of 2008 on Consumer Protection.
 
The inspection campaigns fall within the framework of the Ministry’s efforts to regulate and monitor markets and commercial activities as well as to crack down on price manipulation and uncover violations in a bid to protect consumer rights.
 
 
The campaigns resulted in 4 penalties for failing to comply with licenses, increasing product prices without obtaining approval, offering unlicensed promotions and announcing unlicensed discounts.
 
Violations of Law No. (8) Of 2008 on Consumer Protection can result in administrative closure and financial penalties ranging between QR 3,000 to 1 million Qatari riyals.
 
 
The ministry stressed that it will not tolerate any violations of Consumer Protection Law number 8 of 2008 and its regulations and will intensify its inspection campaigns to crackdown on violations. The ministry said it will refer those who violate laws and ministerial decrees to competent authorities, who will in turn take appropriate action against perpetrators in order to protect consumer rights.
 
 
The Ministry of Economy and Commerce also provided awareness and guidance tips at the start of the back-to-school season. Preparedness and pre-planning through savings represent a key shopping skill to avoid large and sudden financial burdens, particularly since the back-to-school season follows a series of events that drain family budgets. This year, the back- to-school season follows Ramadan, the holiday season and the summer vacation. Families can start preparing for the back-to-school season by establishing a school portfolio that it is funded by saving part of the monthly salary for school expenses.
 
Factors to consider when preparing for school
 
The Ministry noted that expenses associated with education are divided into two categories. The first category includes school fees, the ministry said, noting that a series of factors must be taken into account when preparing for the academic year. Theses include preparing a list summarizing the tuition fees while taking into account fees owed by the family after deducting educational vouchers as well as preparing a list of additional fees and costs associated with each school in addition to comparing governmental and private schools on the basis of quality, costs and privileges.
 
The second category of expenditures includes expenses related to school purchases, such as spending on stationery that students may need throughout the year.
 
 
Steps to manage school purchases
 
The Ministry provides tips on how parents can limit spending on stationery supplies by making purchases at major outlets where prices are lower; buying basic stationery such as pencils and notebooks from wholesale suppliers; sharing stationery that student do not use on a daily basis such as the geometric tools in addition to instilling a culture of savings among children, encouraging students  to preserve necessary school supplies and making pre-purchases in anticipation of any increase in prices.
 
These tips fall within the framework of the Ministry’s efforts to educate the community on various life aspects and help them make appropriate decisions.
 
The ministry urges all consumers to report violations or submit complaints and suggestions through the following channels:
 
– Call Centre: 16001
– Email: info@mec.gov.qa
– The accounts of the Ministry of Economy and Commerce on social networks
         – Twitter MEC_QATAR
         – Instagram MEC_QATAR
– The application of the Ministry of Economy and Commerce on iPhone and Android devices MEC_QATAR
 
 
 
 

Ministry of Economy and Commerce announces recall of PIAGGIO Beverly 300 and KTM 690 Duke R motorcycles models of 2016 because fuel may leak from the tank


Ministry of Economy and Commerce announces recall of PIAGGIO Beverly 300 and KTM 690 Duke R motorcycles models of 2016 because fuel may leak from the tank
 
The Ministry of Economy and Commerce, in collaboration with Al Fardan Motorcycles, dealer of PIAGGIO bikes in Qatar, has announced the recall of PIAGGIO Beverly 300 and KTM 690 Duke R motorcycles models of 2016 because the fuel may leak from the tank.
 
The ministry said the recall campaign comes within the framework of its
ongoing efforts to protect consumers and ensure that bike dealers follow up on bike defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the
maintenance and repair works and will communicate with customers to
ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer
Protection and Anti-Commercial Fraud Department, which processes
complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS:
MEC_Qatar

Ministry of Economy and Commerce announces recall of Mitsubishi ASX models of 2013-2015 and Outlander models of 2014-2016 over potential defect in parking brake shaft boots


     Ministry of Economy and Commerce announces recall of Mitsubishi ASX models of 2013-2015 and Outlander models of 2014-2016 over potential defect in parking brake shaft boots
 
The Ministry of Economy and Commerce, in collaboration with Qatar Automobiles Company, dealer of Mitsubishi vehicles in Qatar, has announced the recall of Mitsubishi ASX models of 2013-2015 and Outlander models of 2014-2016 over potential defect in parking brake shaft boots.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicles’ defects and repair them.
 
The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department through the following channels:
 
Call centre: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Ford F-150 model of 2018 because the high-pressure fuel pump flange weld may crack and fuel leak


Ministry of Economy and Commerce announces recall of Ford F-150 model of 2018 because the high-pressure fuel pump flange weld may crack and fuel leak
 
The Ministry of Economy and Commerce, in collaboration with Ford dealer in Qatar, Almana Motors Co., has announced the recall of Ford F-150 model of 2018 because the high-pressure fuel pump flange weld may crack and fuel leak.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce shuts down company for one month over display and sale of counterfeit travel bags bearing international trademarks


Ministry of Economy and Commerce shuts down company for one month over display and sale of counterfeit travel bags bearing international trademarks
 

The Ministry of Economy and Commerce has shut down for one month a commercial company specialized in the sale of women’s clothing and accessories in Muaither over the display and sale of counterfeit travel bags bearing international trademarks.
 
The inspection campaign comes within the framework of the ministry’s efforts to monitor markets and commercial activities in order to crack down on violations as well as fraudulent, counterfeit and substandard products and to combat price manipulation by retail outlets.
 
Counterfeit products were seized and the department penalized the company and issued a one-month administrative closure decision in line with article (7) of law number (8) of 2008. Article 7 compels suppliers to clearly display on the product’s package or label the type and nature of the item as well as other relevant data. The law also prohibits the display of fraudulent descriptions, advertisements and misleading statements.”
 
The ministry stressed that it will not tolerate any violations of Consumer Protection Law and its regulation and will intensify its inspection campaigns to crack down on violations. The ministry said it will refer those who violate laws and ministerial decrees to competent authorities, who will in turn take appropriate action against perpetrators in order to protect consumer rights.
 
The ministry urges all consumers to report violations or submit complaints and suggestions to its consumer protection and anti-commercial fraud department through the following channels:
 
– Call Centre: 16001
– Email: info@mec.gov.qa
– The accounts of the Ministry of Economy and Commerce on social media networks
– Twitter MEC_QATAR
– Instagram MEC_QATAR
-The applications of the Ministry of Economy and Commerce on smart phones available on iPhone and Android devices MEC_QATAR
 
 

Ministry of Economy and Commerce, in cooperation with WTO, organizes workshop on Dispute Settlement Mechanism

​In a bid to promote capacity building among legal professionals, economists, and official experts in international cooperation and agreements and to develop their skills in the fields of international negotiations, trade and dispute settlementMinistry of Economy and Commerce, in cooperation with WTO, organizes workshop on Dispute Settlement Mechanism
 
The Ministry of Economy and Commerce, in cooperation with the World Trade Organization (WTO), has wrapped up a workshop on the Dispute Settlement Mechanism. The workshop took place at the ministry’s headquarters in Lusail City on 16-19 July 2018.
This workshop came in line with the ministry’s efforts to promote capacity building among legal professionals, economists, and official experts in international cooperation and agreements, enabling them to develop their skills in the fields of international negotiations, trade and dispute settlement within the framework of the WTO.
The workshop equipped participants with the technical skills and qualifications to understand all aspects of the trade dispute settlement mechanism within the WTO so that they could contribute to providing specialized services to various private and public sector entities.
The four-day workshop brought together a number of employees from several government agencies and institutions, as well as lawyers and representatives of law firms.
Mr. Muslim Yilmaz, WTO Legal Counsel, introduced participants to the concept of the dispute settlement mechanism, key concepts, the parties involved in the process, the challenges of implementing WTO dispute settlement procedures, the types of complaints concerning various violations. Discussions also touched on the core procedures of the WTO’s dispute settlement mechanism and horizontal disagreements relating to the settlement of disputes.
During the workshop, participants were also trained on court procedures and preparation to file and examine complaints. Attendees also participated in a simulated dispute settlement within the framework of the WTO Dispute Settlement Body.
The workshop concluded with deliberations on several topics and inquiries from participants who were briefed by speakers on several issues relating to the subject of the workshop.
Dispute settlement is a central pillar of the multilateral trading system and represent WTO’s valuable contribution to the stability of the global economy. Without a means of settling disputes, the rules-based system would be less effective because the rules could not be enforced in case of damages and challenges. The WTO’s dispute settlement procedure underscores the rule of law, and it makes the trading system more secure and predictable. The system is based on clearly-defined rules, with timetables for completing a case in line with just procedures that apply to all member states.
 
 
 

Ministry of Economy and Commerce announces recall of Mercedes Benz S-Class model of 2017 because the software of the electric power steering control unit does not correspond to factory specification


 
Ministry of Economy and Commerce announces recall of Mercedes Benz S-Class model of 2017 because the software of the electric power steering control unit does not correspond to factory specification
 
The Ministry of Economy and Commerce, in collaboration with Nasser Bin Khaled Automobiles, dealer of Mercedes Benz vehicles in Qatar, has announced the recall of Mercedes Benz S-Class model of 2017 because the software of the electric power steering control unit does not correspond to factory specification.
 The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar
 

Ministry of Economy and Commerce launches surprise inspection campaign targeting tyre repair and sale shops in Salwa Road

​Campaign uncovers 3 violations Ministry of Economy and Commerce launches surprise inspection campaign targeting tyre repair and sale shops in Salwa Road
 
The Ministry of Economy and Commerce has launched a surprise inspection campaign in Salwa Road, targeting a number of outlets specialized in the display, sale and repair of car tyres in order to monitor the compliance of suppliers with law number 8 of 2008 on consumer protection.
 
The intensive and regular inspection campaigns come within the framework of the Ministry’s efforts to regulate markets and commercial activities across Qatar and to uncover and crack down on violations, counterfeit goods and substandard products.
 
The campaign resulted in 3 fines for violations including the display and sale of expired tires in violation of article 6 of law number 8 of 2008 on consumer protection and anti-commercial fraud. Article 6 prohibits the sale, display and promotion of counterfeit and spoiled products. A product is considered counterfeit or spoiled if it fails to meet the standards, or has expired.
 
Violations of Law No. (8) of 2008 on consumer protection can result in administrative closure and financial penalties ranging from QR3,000 to QR1 million.
 
The ministry stressed that it will not tolerate any violations of Consumer Protection Law and its regulation. The ministry said it will refer those who violate laws and ministerial decrees to competent authorities, who will in turn take appropriate action against perpetrators in order to protect consumer rights.
 
The ministry urges all consumers to report violations or submit complaints and suggestions through the following channels:
– Call Centre: 16001
– Email: info@mec.gov.qa
– The accounts of the Ministry of Economy and Commerce on social media networks
– Twitter MEC_QATAR
– Instagram MEC_QATAR
-The applications of the Ministry of Economy and Commerce on smart phones available on iPhone and Android devices MEC_QATAR
 

Ministry of Economy and Commerce announces recall of Audi A8 and A7 models of 2012 over possibility of leak in the fuel injection system


Ministry of Economy and Commerce announces recall of Audi A8 and A7 models of 2012 over possibility of leak in the fuel injection system
 
The Ministry of Economy and Commerce, in collaboration with Q-Auto LLC, dealer of Audi vehicles in Qatar, has announced the recall of Audi A8 and A7 models of 2012 over the possibility of a leak in the fuel injection system.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Porsche Wooden toy car WAPO400110G model over the potential separation of game wheels which constitutes a risk of suffocation of children


Ministry of Economy and Commerce announces recall of Porsche Wooden toy car WAPO400110G model over the potential separation of game wheels which constitutes a risk of suffocation of children
 
The Ministry of Economy and Commerce, in collaboration with Porsche Centre Doha Al Boraq Automobiles, has announced the recall of Porsche Wooden toy car WAPO400110G model over the potential separation of game wheels which constitutes a risk of suffocation of children.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to ensure that suppliers follow up on product defects and repair defective items in a bid to protect consumers.
The ministry has urged all customers to remove the toy from children and to ask the company for a refund.
The ministry said it will coordinate with the dealer to ensure the implementation of measures relating to defective items.
 
The ministry has urged all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department through the following channels:
 
Call Centre: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Mothercare swinging crib with product number 6-477109 (Beige) and 7- 477115 (white)


Ministry of Economy and Commerce announces recall of Mothercare swinging crib with product number 6-477109 (Beige) and 7- 477115 (white) because the metal locking pin is not engaging fully on some products.
 
The Ministry of Economy and Commerce, in collaboration with Mothercare, has announced the recall of swinging crib with product number 6-477109 (Beige) and 7- 477115 (white) because the metal locking pin is not engaging fully on some products.
  
The ministry said the recall campaign comes within the framework of its ongoing efforts to ensure that suppliers follow up on product defects and recall defective items in a bid to protect consumers.
 
The ministry has urged all customers to stop using the product and return it to the sales outlet for a refund.
 
The ministry said it will coordinate with the dealer to follow up on the recall and refund process while communicating with customers to ensure the implementation of measures relating to defective items.
 
The ministry has urged all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department through the following channels:
 
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar
    
 

Ministry of Economy and Commerce organizes workshop on Dispute Settlement Mechanism

​In cooperation with the World Trade OrganizationMinistry of Economy and Commerce organizes workshop on Dispute Settlement Mechanism
 
The Ministry of Economy and Commerce, in cooperation with the World Trade Organization (WTO), is organizing a workshop on the Dispute Settlement Mechanism. The workshop will take place at the ministry’s headquarters in Lusail City on 16-19 July 2018.
This workshop falls in line with the ministry’s efforts to promote capacity building among legal professionals, economists, and official experts in international cooperation and agreements, enabling them to develop their skills in the fields of international negotiations, trade and dispute settlement within the framework of the WTO.
The workshop will also equip participants with the technical skills and qualifications to understand all aspects of the trade dispute settlement mechanism within the WTO so that they could contribute to providing specialized services to various private and public sector entities.
The four-day workshop will bring together a number of employees from several government agencies and institutions, as well as lawyers and representatives of law firms, to discuss a number of issues related to the dispute settlement mechanism at the WTO. The workshop will introduce participants to the concept of the dispute settlement mechanism, the parties involved in the process and the core procedures of the WTO’s dispute settlement mechanism.
Attendees will also participate in a simulated dispute settlement within the framework of the WTO Dispute Settlement Body.
 

Ministry of Economy and Commerce shuts down clothing store for three weeks over display and sale of counterfeit menswear bearing international trademarks


Ministry of Economy and Commerce shuts down clothing store for three weeks over display and sale of counterfeit menswear bearing international trademarks
 

The Ministry of Economy and Commerce has announced the three-week closure of a clothing store in Al Sadd for displaying and selling counterfeit menswear bearing international trademarks.
 
The inspection campaign comes within the framework of the ministry’s efforts to monitor markets and commercial activities in order to crack down on violations, price manipulation and counterfeit and substandard products.
 
The company was fined and closed for a three-week period in line with article (7) of law number (8) of 2008. Article 7 compels suppliers to clearly display on the product’s package or label the type and nature of the item as well as other relevant data. The law also prohibits the display of fraudulent descriptions, advertisements and misleading statements.”
 
The administrative closure declaration shall be published at the expense of the company or shop that committed the violation in accordance with Article (18) of Law No. (8) on Consumer Protection. The law stipulates that the closure decision shall be published on the Ministry’s website and in two daily newspapers at the expense of the company.

The ministry stressed that it will not tolerate any violations of Consumer Protection Law and its regulation. The ministry said it will refer those who violate laws and ministerial decrees to competent authorities, who will in turn take appropriate action against perpetrators in order to protect consumer rights.
 
The ministry urges all consumers to report violations or submit complaints and suggestions to its consumer protection and anti-commercial fraud department through the following channels:
 
– Call Centre: 16001
– Email: info@mec.gov.qa
– The accounts of the Ministry of Economy and Commerce on social media networks
– Twitter MEC_QATAR
– Instagram MEC_QATAR
-The applications of the Ministry of Economy and Commerce on smart phones available on iPhone and Android devices MEC_QATAR
 

Ministry of Economy and Commerce announces recall of Jeep Cherokee models of 2005-2007 over rear suspension lower control arms


Ministry of Economy and Commerce announces recall of Jeep Cherokee models of 2005-2007 over rear suspension lower control arms
 
The Ministry of Economy and Commerce, in collaboration with United Cars Almana ( After Sales), dealer of Jeep vehicles in Qatar, has announced the recall of Jeep Cherokee models of 2005-2007 over rear suspension lower control arms.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of GMC Acadia models of 2007-2012 because the gas struts that hold the lift gate up may prematurely wear


Ministry of Economy and Commerce announces recall of GMC Acadia models of 2007-2012 because the gas struts that hold the lift gate up may prematurely wear
 
The Ministry of Economy and Commerce, in collaboration with Mannai Trading Company, dealer of GMC vehicles in Qatar, has announced the recall of GMC Acadia models of 2007-2012 because the gas struts that hold the lift gate up may prematurely wear.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Mercedes Benz GLE-Class model of 2016 because the windshield firewall damping may have been produced outside factory specification


Ministry of Economy and Commerce announces recall of Mercedes Benz GLE-Class model of 2016 because the windshield firewall damping may have been produced outside factory specification
 
The Ministry of Economy and Commerce, in collaboration with Nasser Bin Khaled Automobiles, dealer of Mercedes Benz vehicles in Qatar, has announced the recall of Mercedes Benz GLE-Class model of 2016 because the windshield firewall damping may have been produced outside factory specification.
 The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar
 

Ministry of Economy and Commerce announces recall of Mitsubishi ASX models of 2011-2016 because the front wiper link ball joint may corrode


Ministry of Economy and Commerce announces recall of Mitsubishi ASX models of 2011-2016 because the front wiper link ball joint may corrode
 
The Ministry of Economy and Commerce, in collaboration with Qatar Automobiles Company, dealer of Mitsubishi vehicles in Qatar, has announced the recall of Mitsubishi ASX models of 2011-2016 because the front wiper link ball joint may corrode.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicles’ defects and repair them.
 
The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department through the following channels:
 
Call centre: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
 
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Lincoln MKZ model of 2014 over potential defective doors


Ministry of Economy and Commerce announces recall of Lincoln MKZ model of 2014 over potential defective doors
 
The Ministry of Economy and Commerce, in collaboration with Lincoln dealer in Qatar, Almana Motors Company, has announced the recall of Lincoln MKZ model of 2014 over potential defective doors.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar
 

Ministry of Economy and Commerce announces recall of Porsche 918 Spyder model of 2015 over possible erosion of control arms


     
Ministry of Economy and Commerce announces recall of Porsche 918 Spyder model of 2015 over possible erosion of control arms
 
The Ministry of Economy and Commerce, in collaboration with Al Boraq Automobiles Co. W.L.L, dealer of Porsche vehicles in Qatar, has announced the recall of Porsche 918 Spyder model of 2015 over possible erosion of control arms.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicles’ defects and repair them.
 
The Ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department through the following channels:
 
Call Centre: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce penalizes a number of retail outlets in Al Aziziya

​For non-compliance with laws and regulations governing commercial activities Ministry of Economy and Commerce penalizes a number of retail outlets in Al Aziziya
 
The Ministry of Economy and Commerce has launched a surprise inspection campaign targeting a number of retail outlets in Al Aziziya in order to monitor the compliance of shops with laws and regulations governing commercial activities.
 
The inspection campaign comes within the framework of the Ministry’s efforts to regulate markets and commercial activities across Qatar and to ensure compliance with laws and regulations governing commercial activities in order to crack down on violations and uncover irregularities.
 
The inspection campaign resulted in 9 fines.  Violations included failing to meet the general and special conditions for commercial shops, expired commercial licenses, introducing amendments to the licensed shop and changing the outlet’s location.
 
 The violating shops were also compelled to modify their status in commercial licenses and records.
 
The Ministry of Economy and Commerce urged merchants and shop owners to abide by regulations and laws governing commercial activities. The Ministry also invited merchants and shop owners to learn about laws and regulations governing commercial activities by visiting the Ministry of Economy and Commerce’s website on www.mec.gov.qa to avoid legal accountability and fines.
 
The ministry urges all consumers to report violations or submit complaints and suggestions through the following channels:
 
– Call Centre: 16001
– Email: info@mec.gov.qa
– The accounts of the Ministry of Economy and Commerce on social networks
– Twitter MEC_QATAR
– Instagram MEC_QATAR
– The App of the Ministry of Economy and Commerce on iPhone and Android devices MEC_QATAR
 

H.E. Minister of Economy and Commerce: We seek to strengthen Qatari-Pakistani bilateral cooperation across all fields

​During his speech at the Qatari-Pakistani Business Conference organized within the framework of the Qatari delegation’s visit to PakistanH.E. Minister of Economy and Commerce: We seek to strengthen Qatari-Pakistani bilateral cooperation across all fields
 ·        The bilateral trade volume increased 104% to around 1.6 billion US Dollars in 2017, from 782 million US Dollars in 2016.·        851 companies, jointly owned by Qatari and Pakistani citizens, are currently operating in Qatar·        This gathering of Qatari and Pakistani businessmen will pave the way for agreements aimed at bolstering bilateral trade with discussions focusing on the quality and price of commodities to streamline the flow of exports from Pakistan to Qatar.·        Qatar will seek to mobilize agreements with key trading partners worldwide including Pakistan, to target a market of 400 million people.·        The Qatari-Pakistani business conference witnessed bilateral meetings and business deals between businessmen from both sides
 
H.E Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, Minister of Economy and Commerce, chaired the Qatari delegation at the Qatari-Pakistani Business Conference that took place on Thursday July 5, 2018 in Islamabad within the framework of a Qatari delegation’s visit to Pakistan on July 4-5, 2018 to discuss bilateral cooperation prospects.
H.E Mian Misbah Al-Rehman, Pakistan’s Minister of Trade and Textile, led the participating Pakistani delegation including a number of senior government officials.
The event brought together businessmen and chief executives of major Qatari and Pakistani companies in the fields of food and consumer products, building materials, Trade along with other sectors.
In his opening speech, H.E Minister of Economy and Commerce, highlighted that the friendly relations between Qatar and Pakistan have been growing over the past decade, noting that these relations have picked up considerable momentum since 2012. H.E added that the bilateral trade volume increased 104% to around 1.6 billion US Dollars in 2017, compared to 782 million US Dollars in 2016 ranking Pakistan as Qatar’s 13th largest trade partner.
H.E hoped that cooperation in bilateral trade would be strengthened, noting that food products and consumers goods account for almost 50% of Qatari imports from Pakistan and 1.1% of Qatar’s food imports worldwide.
H.E also highlighted joint investments, noting 851 companies, jointly owned by Qatari and Pakistani citizens, are currently operating in Qatar in the fields of energy, contracting, plastic industries and the leasing of heavy equipment.
6 other companies fully owned by Pakistani citizens are also operating in the banking, hotel services, contracting and engineering fields, H.E added.
H.E stressed that Qatar and Pakistan are looking to capitalize on these growing relations to the benefit of both countries.
H.E added that this gathering of Qatari and Pakistani businessmen will pave the way for agreements aimed at bolstering bilateral trade with discussions focusing on the quality and price of commodities to streamline the flow of exports from Pakistan to Qatar.
Touching on Qatar’s economic characteristics, H.E noted that this conference comes at a time of global economic uncertainties and regional challenges coupled with an illegal blockade that was imposed on Qatar since June 5th 2017.
The blockade, which was aimed at undermining Qatar’s position as an economically independent and sovereign state, has, however, failed, H.E said, noting that Qatar has emerged stronger and more economically independent than ever before.
The illegal blockade has also presented an opportunity for Qatar to make its economy more accessible to the world, H.E emphasized, noting that the country has strengthened its trade relations worldwide.
H.E Minister of Economy and Commerce added that Qatar has established new shipping routes with its trade partners worldwide including Pakistan, Kuwait, Iraq, Oman, Turkey, India, Azerbaijan and Central Asia.
Through its agreements with these countries, Qatar aims to target a population of 400 million people, H.E said, noting that Qatar is utilizing its hi-tech logistics capability and world-class facilities such as Hamad Port and Hamad International Airport to bolster trade.
The new Hamad Port accounts for 27% of the regional trade volume in the Middle East with an annual capacity of 7.5 million cargo containers, H.E explained, noting on the other hand that Hamad International Airport is one of the biggest airports in the region.
The airport links Qatar to more than 150 destinations through Qatar Airways, which was recently voted as the best airline in the world, H.E added.
H.E Minister of Economy and Commerce concluded by emphasizing that the Qatari delegation’s visit to Pakistan is aimed at promoting business and concluding bilateral trade deals, noting that delegation members and senior officials from the Ministry of Economy and Commerce are pleased to answer all questions and inquiries from potential Pakistani investors.
H.E also reiterated that Qatar’s economy is open, voicing hope that this conference presents an opportunity to establish successful investment projects that serve the common interests of both countries.
During the conference, the Qatari delegation outlined investment opportunities available to Pakistan. The visual presentations were offered by representatives of the Ministry of Communications and Transport (MWANI Qatar), Qatar Airways, Milaha, Hassad Food and Widam Food Company.
The conference featured bilateral meetings between Qatari and Pakistani businessmen during which they reviewed the investment opportunities in both Qatar and Pakistan and discussed measures to build long-term economic cooperation mechanisms.
The conference featured the signing of trade deals between a number of Qatari and Pakistani businessmen, including Haider Holding which inked a commercial agreement with Pakistani Company, Shield.
 
 
 
 

H.E Prime Minister of Pakistan welcomes H.E Minister of Economy and Commerce

​H.E Prime Minister of Pakistan welcomes H.E Minister of Economy and Commerce
 
H.E Nasirul Mulk, Prime Minister of Pakistan, received on Thursday, July 5, 2018, H.E Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, Minister of Economy and Commerce, within the framework of a Qatari delegation’s visit to Pakistan on July 4-5, 2018.
 
Discussions touched on the friendly and historical Qatari-Pakistani relations as well as measures aimed at enhancing economic and trade cooperation, bolstering bilateral trade and facilitating the flow of goods and mutual investment between the two countries.
 
In this context, H.E. Minister of Economy and Commerce praised the significant contribution of Pakistani companies to the comprehensive economic development of Qatar, noting the efforts of Pakistani communities in supporting the Qatari economy.
 
Qatar and Pakistan’s bilateral trade volume increased 104% to around 1.6 billion US Dollars in 2017, compared to 782 million US Dollars in 2016, ranking Pakistan as Qatar’s 13th largest trading partner.
 
More than 851 Pakistani companies currently operate in Qatar in the fields of energy, contracting, plastic industry and leasing of heavy equipment while 6 fully owned Pakistani companies operate in the banking, hospitality services, construction and engineering fields.
 
Discussions touched on the promotion of bilateral relations between Qatar and Pakistan on the economic and commercial levels as well as the opportunities to bolster bilateral trade in light of the economic potential and resources of both countries.
 
 

H.E Minister of Economy and Commerce meets with Pakistan’s Chief of Army Staff

​H.E Minister of Economy and Commerce meets with Pakistan’s Chief of Army Staff
 
H.E Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, Minister of Economy and Commerce, met on July 5, 2018 with General Qamar Javed Bajwa, Chief of Army Staff of the Pakistan Army. The meeting took place during a visit of H.E Minister of Economy and Commerce to Pakistan.
 
The meeting touched on Qatari-Pakistani joint cooperation in addition to a number of topics of common interest.
 
Qatar and Pakistan enjoy close economic and trade relations, which have reflected positively on the volume of bilateral trade, which reached about QR 5.86 billion in 2017.
 
More than 851 Pakistani companies currently operate in Qatar, of which 6 are fully owned Pakistani companies operating in the banking, hospitality services, contracting and engineering fields.
 
 

H.E Minister of Economy and Commerce meets with Pakistan’s Minister of Trade and Textile


 H.E Minister of Economy and Commerce meets with Pakistan’s Minister of Trade and Textile
 
H.E Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, Minister of Economy and Commerce, met on July 5, 2018 with H.E Mian Misbah Al-Rehman, Pakistan’s Minister of Trade and Textile. The meeting took place during a visit of H.E  Minister of Economy and Commerce to Pakistan.
 
Discussions touched on the promotion of bilateral relations between Qatar and Pakistan on the economic and commercial levels as well as the opportunities to bolster bilateral trade in light of the economic potential and resources of both countries.
Both parties also discussed mechanisms to support joints investments and encourage the private sectors to establish innovative joint investment projects across key sectors in line with the economic policies of both countries.
Both parties stressed the importance of exchanging visits between Qatari and Pakistani businessmen and encouraging cooperation between government agencies and the private sector to the benefit of both countries.
Discussions also touched on the latest developments that the Qatari economy witnessed over the past years and the investment incentives that Qatar is offering across all fields as well as the initiatives launched to support the private sector and bolster its contribution to overall economic development and attracting foreign direct investment.
The meeting also shed light on the measures taken by Qatar to encourage and attract investments, including a draft law to regulate non-Qatari capital in economic activity, which allows foreign investors 100% ownership across all sectors and facilitates the access of investors into the Qatari market.
Qatar and Pakistan enjoy close economic and trade relations, which have reflected positively on the volume of bilateral trade, which reached about QR 5.86 billion in 2017.
More than 851 Pakistani companies currently operate in Qatar, of which 6 are fully owned Pakistani companies operating in the banking, hospitality services, contracting and engineering fields.
 

Ministry of Economy and Commerce cracks down on 30 violations in June

​During inspection campaigns to ensure the compliance of suppliers (retail outlets) with law number 8 of 2008 on consumer protectionMinistry of Economy and Commerce cracks down on 30 violations in June
 
The Ministry of Economy and Commerce intensified its inspection campaigns in June 2018 to ensure the compliance of suppliers (retail outlets) with law number 8 of 2008 on consumer protection. The inspection campaigns come within the framework of the ministry’s efforts to monitor markets and commercial activities in a bid to crack down on price manipulation and to protect consumer rights.
The inspection campaigns resulted in cracking down on 30 violations. Violations included misleading or false product descriptions and advertising, failing to issue invoices in Arabic, failing to display prices, failing to comply with the mandatory bulletin of vegetables and fruits prices, failing to clearly specify the data relating to the displayed product, charging consumers higher than the advertised price, and increase in price of locally processed Australian meat.
The penalties included administrative closures and fines ranging between QR 5,000 and QR 30,000 in line with the applicable consumer protection laws. The following is a breakdown of the type and number of violations registered in June 2018:
 ViolationNumberFailing to issue invoices in Arabic5Failing to clearly display service data, characteristics and prices3Failing to comply with the mandatory price bulletin of vegetables and fruits3Failing to use Arabic in data and advertisements related to offered goods1Failing to display all product-related data1Failing to display price1Lack of weighing scale in the bakery for the production of local bread1Failing to display the discount license in a visible place on the store’s front during the discount period2Charging consumers higher than the advertised price3Offering discounts without obtaining a permit from competent department1Increase in price of locally processed Australian meat2False or misleading product description, advertising or labels6Expired car tire products1Total30
 
The ministry stressed that it will not tolerate any violations of the Consumer Protection Law and its regulations and will intensify its inspection campaigns to crackdown on violations. The Ministry said it will refer those who violate laws and ministerial decrees to competent authorities that will in turn take appropriate action against perpetrators in order to protect consumer rights.
The Ministry urged all consumers to report violations through the following channels:
-Call centre: 16001
– Email: info@mec.gov.qa
– The accounts of the Ministry of Economy and Commerce on social networks
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Ministry of Economy and Commerce announces recall of Polaris Slingshot models of 2015-2016 over possible defect in seat base


Ministry of Economy and Commerce announces recall of Polaris Slingshot models of 2015-2016 over possible defect in seat base
 
The Ministry of Economy and Commerce, in collaboration with Protech Powered Sports Co., dealer of Polaris bikes in Qatar, has announced the recall of Polaris Slingshot models of 2015-2016 over possible defect in seat base.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that bike dealers follow up on bike defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Apple


Ministry of Economy and Commerce announces recall of Apple
13-inch MacBook Pro (non Touch Bar) because a component may fail causing the built-in battery to expand
 
The Ministry of Economy and Commerce, in collaboration with Ali Bin Ali, dealer of Apple in Qatar, has announced the recall of a number of Apple
13-inch MacBook Pro (non Touch Bar) because a component may fail causing the built-in battery to expand.
 
Consumers can use the following link:https://www.apple.com/support/13inch-macbookpro-battery-replacement/
 to check if their device qualifies for this program and communicate with the company to make the necessary repairs free of charge for eligible devices.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to ensure that suppliers follow up on product defects and recall defective items in a bid to protect consumers.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The ministry has urged all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department through the following channels:
 
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar
 

Ministry of Economy and Commerce announces recall of Jaguar XF, XE and F-PACE models of 2018 over possible fuel rail leak


Ministry of Economy and Commerce announces recall of Jaguar XF, XE and F-PACE models of 2018 over possible fuel rail leak
 
The Ministry of Economy and Commerce, in collaboration with Alfardan Premier Motors, dealer of Jaguar vehicles in Qatar, has announced the recall of Jaguar XF, XE and F-PACE models of 2018 over possible fuel rail leak.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Dodge, Jeep and Chrysler vehicles over defect in the cruise control system

​In collaboration with the local dealerMinistry of Economy and Commerce announces recall of Dodge, Jeep and Chrysler vehicles over defect in the cruise control system
 
 
The Ministry of Economy and Commerce, in collaboration with United Cars Almana, dealer of Jeep, Dodge and Chrysler vehicles in Qatar, has announced the recall of a number of Dodge, Jeep and Chrysler vehicles over a defect in the cruise control system.
 
This recall campaign comes within the framework of the Ministry of Economy and Commerce’s continuous monitoring of markets, particularly the automobile market, to ensure that car dealers follow up on vehicle defects and repairs in a bid to protect basic consumer rights in line with applicable laws namely Law No. (8) of 2008 on Consumer Protection and its implementing regulations.
 
The ministry said that it will coordinate with United Cars Almana, the local dealer of Dodge, Jeep and Chrysler vehicles to recall 2518 models over a defect in the cruise control system, which would threaten the safety of the road users and drivers of these cars across Qatar. The ministry said it would follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The recall campaign includes the following models:
  ModelProduction yearNumber of recalled vehicles1Jeep Wrangler2018392Jeep Cherokee2014-2017233Jeep Grand Cherokee2014-201814584Chrysler C3002014-20161045Dodge Charger and Challenger2014-20184876Dodge Durango2014-2017407Total​​2518
 
As usual, the Ministry informed vehicle owners of the recall campaign through various communication platforms. The Ministry also called on them to stop using the cruise control system to avoid any risks, and to contact the local agent to take the necessary measures to urgently rectify the situation.
 
The ministry stressed that it will continue to remind various suppliers to comply with their obligations under Law No. (8) of 2008 on Consumer Protection, in particular Article (14) of the law. Article 14 stipulates that “once a defect that may harm consumers when using a product or service is discovered, the supplier shall inform the competent authority at the ministry and the consumer of the potential damage and preemptive measures. The supplier shall also immediately recall the defective goods from the market and announce it in accordance with the executive regulation of this law.”
 
Article 8 of the implementing regulations of the same law, also states that “suppliers or their representatives must report defective products to the concerned department. Suppliers must submit a handwritten report, which must include the following:
 Name, capacity, nationality, address and domicile of the individual submitting the notification. If the report is made by a supplier’s representative, the representative must provide evidence of the basis of his representation.Description of the reported goods or services.Supplier’s name, address and country of origin.Defect discovery date.A technical description of the exact defect.Possible damages that may result from the defect and how to avoid these damages or address the ensuing repercussions.Procedures to be followed by the consumer to request a repair, exchange or refund or to end the service in exchange for a product or service refund without incurring additional expenses.Any other information the supplier believes is relevant. The statement is registered at the concerned department and the applicant is issued a confirmation on the submission including the record number, date and time.
 
The ministry also stressed that suppliers shall comply with article 9 of the same implementing regulations, which stipulates that: If the consumer is identified, the supplier or his legal representative shall notify the consumer using the form prepared for that purpose, provided that it contains the same data referred to in the preceding article.
 
 If the consumer is unknown, a report must be made by the supplier or its legal representative through:
 
-A notice in two daily local newspapers, one of which must be in Arabic.
 
-The advertisement must not be less than 15 cmx15 cm and should contain the following information:
 Supplier’s name and address.Product brand.Item name and country of origin.Description of defect.Instructions to be followed by the consumer to avoid any damage that may result from the use of the item.Instructions to be followed by the consumer to repair, replace or redeem the value of the goods. The competent administration shall determine the duration and timing of the advertisement and may determine any other means of advertising.
 
The Ministry stressed that suppliers shall also comply with Article 10, which states that: The consumer has the right to choose between repairing, replacing or returning the defective item while obtaining a refund. The type and nature of the defective item and the period during which the consumer used the goods before the defect was discovered as well as the duration of repair works is taken into consideration when exercising this right.
 
In all cases, if the time required to replace or repair the item exceeds fifteen days, the supplier must provide an alternative product to the consumer free of charge until the original product is replaced or repaired.
 
In the event that the provider fails to comply with its obligations referred to in the preceding paragraph, the supplier shall be liable to compensate the consumer for the cost of the replacement product for the duration it took to replace or repair the defective item.
 
The Ministry of Economy and Commerce reiterated that all suppliers operating in the country are obliged under applicable laws to notify the competent authorities and consumers of any defects arising from the purchase or use of their goods.
 
The Ministry also emphasized its keenness on protecting consumers while intensifying awareness and education campaigns aimed at various parties involved in local markets to familiarize them with their rights and obligations in line with the provisions of Law No. 8 of 2008 on Consumer Protection and its executive regulations. This will benefit all parties and reflect the ministry’s efforts to regulate markets and penalize those who violate the provisions of legislations in force.
 
The Ministry urges all customers to report any violations through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar
 

Ministry of Economy and Commerce announces recall of Apple MacBook and MacBook Pro models of 2015, 2016 and 2017


Ministry of Economy and Commerce announces recall of Apple MacBook and MacBook Pro models of 2015, 2016 and 2017 due to the malfunction of character functions in the keyboard
 
The Ministry of Economy and Commerce, in collaboration with Ali Bin Ali, dealer of Apple in Qatar, has announced the recall of a number of Apple MacBook and MacBook Pro models of 2015, 2016 and 2017 due to the malfunction of character functions in the keyboard.
 
The following MacBook were recalled:
  MacBook Pro (13-¬inch, 2017, Four Thunderbolt 3 Ports)MacBook Pro (13-inch,2016, Two Thunderbolt 3 Ports)MacBook (Retina, 12-inch, Early 2015)MacBook Pro (15-¬inch, 2016)MacBook Pro (13-inch,2017, Two Thunderbolt 3 Ports)MacBook (Retina, 12-inch, Early 2016)MacBook Pro (15-¬inch, 2017)MacBook Pro (13-¬inch, 2016, Four Thunderbolt 3 Ports)MacBook (Retina, 12-inch, 2017)
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to ensure that suppliers follow up on product defects and recall defective items in a bid to protect consumers.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The ministry has urged all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department through the following channels:
 
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Nissan X-Trail, Patrol, Sunny, Navara models of 2002-2009 over possible defect in the passenger air bag inflator


Ministry of Economy and Commerce announces recall of Nissan X-Trail, Patrol, Sunny, Navara models of 2002-2009 over possible defect in the passenger air bag inflator
 
The Ministry of Economy and Commerce, in collaboration with Saleh Al Hamad Al Mana Company, dealer of Nissan vehicles in Qatar, has announced the recall of Nissan X-Trail, Patrol, Sunny and Navara models of 2002-2009 over possible defect in the passenger air bag inflator.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Volvo PARADISO bus model of 2017 over Faulty accelerator pedal sensor


Ministry of Economy and Commerce announces recall of Volvo PARADISO bus model of 2017 over Faulty accelerator pedal sensor
 
The Ministry of Economy and Commerce, in collaboration with Domasco – Doha Marketing Services Company, dealer of Volvo vehicles in Qatar, has announced the recall of Volvo PARADISO bus model of 2017 over Faulty accelerator pedal sensor.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce organizes awareness campaign to promote concept of intellectual property

​The campaign targeted owners of pharmaceutical industries and companiesMinistry of Economy and Commerce organizes awareness campaign to promote concept of intellectual property
 
 
 
The Ministry of Economy and Commerce has organized an awareness campaign entitled “Protect Your Product” to enable owners of pharmaceutical industries and companies to acquire the practical expertise and professional experience that allows them to protect the intellectual property rights for their innovations.
 
The campaign comes within the framework of the ministry’s ongoing efforts to instill and promote an intellectual property culture among all segments of society. The ministry disseminated awareness messages through its social media platforms and sent text messages to owners of pharmaceutical industries and companies to highlight the importance of registering a trademark to protect products and services from infringement while explaining the importance of intellectual property and its benefits in terms of business development.
 
The awareness campaign emphasized the importance of intellectual property protection and the significance of registering and preserving property rights to provide support for national industries and products and to promote national inventions and innovations.
 
The owners of pharmaceutical industries and companies were briefed on the ministry’s initiatives, which aim at encouraging the adoption of the highest international standards in terms of protecting intellectual property rights through a high-quality integrated electronic system to support and enable trademark owners, inventors, innovators, authors and owners of neighboring rights to preserve their rights and protect their business and their inventions.
 
The Ministry of Economy and Commerce regularly conducts awareness campaigns to promote a culture of intellectual property protection and to highlight its benefits, while shedding light on the most important services provided by the Ministry in this field.
 
 

H.E Minister of Economy and Commerce meets with US counterpart and a number of US officials


On the sidelines of the SelectUSA Investment Summit
 
H.E Minister of Economy and Commerce meets with US counterpart and a number of US officials
 
H.E Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, Minister of Economy and Commerce, met on Friday, June 22, 2018, with HE Mr. Wilbur Ross, US Secretary of Commerce, and Mr Thom Donohue, President of the U.S. Chamber of Commerce and Vice President Mr. Khush Choksy. The meetings took place on the sidelines of the SelectUSA Investment Summit that was held on June 20-22, 2018 in Washington, DC.
Discussions touched on the promotion of bilateral relations between Qatar and the US on the economic and commercial levels as well as the opportunities to bolster bilateral trade in light of the economic potential and resources of both countries.
 
Discussions also touched on the latest developments in terms of the bilateral economic, commercial and investment relations and measures to bolster these ties.
 
The meetings touched on the positive outcomes of the first phase of  Qatar’s Economic Roadshow across US, which took place last April,  as well as preparations for the second stage of the roadshow.
 
H.E Minister of Economy and Commerce shed light on the measures taken by Qatar to encourage and attract investments, including a draft law recently approved by the Cabinet to regulate the investment of the non-Qatari capital in economic activity, which allows foreign investors 100% ownership across all sectors and facilitates the access of investors into the Qatari market.
 
The two sides stressed the importance of exchanging visits between Qatari and US businessmen and encouraging cooperation between government agencies and the private sector to the benefit of both countries.
H.E Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, Minister of Economy and Commerce, also met with Mr. Matt Bevin, Governor of Kentucky.
 
Discussions touched on the promotion of bilateral relations between Qatar and the US on the economic and commercial levels as well as the opportunities to bolster bilateral trade in light of the economic potential and resources of both countries.
 
Qatar and the US enjoy close economic and trade relations, which have reflected positively on the volume of bilateral trade, which reached about QR 21 billion in 2017. The US is Qatar’s first trading partner and primary source of imports, with 16.3% of Qatar’s imports coming from the US.
 
More than 650 American companies currently operate in Qatar, of which 117 are fully owned U.S companies in addition to 20 oil and gas companies and over 30 American companies licensed under the QFC umbrella.
 
The SelectUSA Investment Summit is a leading event aimed at promoting foreign direct investments in the US with the participation of senior government officials, CEOs, private sector representatives and entrepreneurs. Every edition of the summit focuses on a specific theme related to the US investment environment, overall industry trends and new opportunities. This year’s edition will feature a number of key topics, including promoting global economic prosperity, investments in energy, innovation and technology, workforce development and rebuilding the US infrastructure.
 
SelectUSA Investment Summit brought together more 3,200 participants, representing 64 international markets and 51 US states, with the participation of the US Secretaries of Commerce, Treasury and Labor, as well as a number of governors and the US Chamber of Commerce officials.
 
 
 
 

H.E Minister of Economy and Commerce: “Qatar offers an attractive investment environment that has positioned the country as a leading investment destination”


On the sidelines of the SelectUSA Investment Summit and during his participation in a panel discussion organized by the US Business Council for International Understanding
 
H.E Minister of Economy and Commerce: “Qatar offers an attractive investment environment that has positioned the country as a leading investment destination”
 
H.E Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, Minister of Economy and Commerce, participated in a panel discussion organized by the US Business Council for International Understanding. The panel, which took place on the sidelines of the SelectUSA Investment Summit that was held on June 20-22, 2018 in Washington, DC, brought together a number of chairmen and CEOs of major US companies.
H.E Minister of Economy and Commerce shed light on the characteristics of Qatar’s economy, which has positioned the country as a leading investment destination, in addition to the measures taken by Qatar to encourage and attract investments, including a draft law recently approved by the Cabinet to regulate the investment of non-Qatari capital in economic activity. The law allows foreign investors 100% ownership across all sectors and facilitates the access of investors into the Qatari market.
 
H.E noted that the wise policies adopted by the state have contributed to increasing the productivity of all sectors, which has positively reflected on the national economy that achieved positive growth rates during the past year.
 
H.E Minister of Economy and Commerce also highlighted mechanisms to support joints investments and encourage the Qatari and US private sectors to establish innovative joint investment projects across key sectors in line with the economic policies of both countries.
 
Discussions touched on the latest developments in terms of bilateral economic, commercial and investment relations and measures to bolster these ties. Discussions also tackled the importance of exchanging visits between Qatari and US businessmen and encouraging cooperation between government agencies and the private sector to the benefit of both countries.
 
The US Business Council for International Understanding is a non-governmental and non-profit organization that encourages dialogue between governmental entities and business communities around the world. It brings together a number of major US companies, investment funds and asset management companies in the US.
 
Qatar and the US enjoy close economic and trade relations, which have reflected positively on the volume of bilateral trade, which reached about QR 21 billion in 2017. The US is Qatar’s first trading partner and primary source of imports, with 16.3% of Qatar’s imports coming from the US.
 
More than 650 American companies currently operate in Qatar, of which 117 are fully owned U.S companies in addition to 20 oil and gas companies and over 30 American companies licensed under the QFC umbrella.
 
The SelectUSA Investment Summit is a leading event aimed at promoting foreign direct investments in the US with the participation of senior government officials, CEOs, private sector representatives and entrepreneurs. Every edition of the summit focuses on a specific theme related to the US investment environment, overall industry trends and new opportunities. This year’s edition will feature a number of key topics, including promoting global economic prosperity, investments in energy, innovation and technology, workforce development and rebuilding the US infrastructure.
 
SelectUSA Investment Summit brought together more 3,200 participants, representing 64 international markets and 51 US states, with the participation of the US Secretaries of Commerce, Treasury and Labor, as well as a number of governors and the US Chamber of Commerce officials.
 

.E Minister of Economy and Commerce: “Qatar is keen to further bolster bilateral ties with US across all fields”

​On the sidelines of his participation in the reception organized by the U.S – Qatar Business Council in WashingtonH.E Minister of Economy and Commerce: “Qatar is keen to further bolster bilateral ties with US across all fields”
 ·        Qatar’s foreign trade sector witnessed remarkable growth last year, with the trade volume increasing by 16% to 103 billion US dollars in 2017, compared to US $ 89 billion in 2016.·        Qatar ranked first in the Arab world and in 20th place globally on the macroeconomic environment index, according to the Global Competitiveness Report published by the World Economic Forum·        Qatari-U.S bilateral relations are all about helping people of both nations overcome challenges and capitalize on opportunities·        According to the latest report released by the World Bank, Qatar’s real GDP growth is expected to increase to 2.8% in 2018, the highest among the GCC countries.·        All economic indicators demonstrate that Qatar overcame the blockade, enhancing the country’s economic competitiveness.
 
H.E Sheikh Ahmed bin Jassem bin Mohammed Al-Thani, Minister of Economy and Commerce, participated on Thursday, June 21, 2018 in the reception organized by the U.S- Qatar Business Council on the sidelines of the SelectUSA Investment Summit which is taking place in Washington.
The ceremony was attended by a number of senior officials and businessmen from both countries and representatives of civil society in the US.
In his opening speech, H.E. the Minister of Economy and Commerce said Qatar is keen on further bolstering bilateral ties with US across all fields, particularly on the economic and investment levels.”
In this context, H.E. stressed that international trade and investment form a key part of Qatar’s future growth and diversification, adding that the US is one of Qatar’s most valued and largest global partners.
H.E Minister of Economy and Commerce said US$24 billion worth of goods were traded in the last five years, noting that 84% of the trade balance is in favor of the U.S, the equivalent of 20 Billion U.S dollars while 16.3% of Qatar’s imports came from US in 2017.
Meanwhile, more than 650 American companies are established in Qatar, including 117 companies 100% owned by U.S citizens, H.E. said, adding that another 30 U.S companies operate under the Qatar Financial Centre.
According to the H.E, Qatar has been increasing its investments in the U.S for many years, creating thousands of jobs across America.  These include partnerships with numerous American companies, such as ExxonMobil, Boeing, ConocoPhillips and Raytheon, H.E noted.
In addition, 15,000 American citizens live in Qatar, where 5,000 highly skilled individuals are currently working in the private sector, H.E. said.
Touching on Qatari investments in the US, H.E. said Qatar Airways alone provided a US$92 billion boost to the U.S. economy through the purchase of 332 American aircrafts, a deal that supports more than 527,000 jobs.
H.E added that US$146 billion worth of exports and orders to Qatar have generated one million American jobs that depend on doing business with Qatar.
Qatar Investment Authority has also pledged to invest US$45 billion for the period from 2015 to 2020. Of that, US$10 billion will be channeled into the infrastructure sector, H.E. said, noting that these investments represent 23% of Qatar’s GDP.
In the oil and gas sector, Qatar Petroleum has also invested $10 billion in an LNG plant in Texas, which H.E said, will contribute to generating 45,000 jobs.
Highlighting investments by the private sector, H.E Minister of Economy and Commerce said private companies have heavily invested in the U.S economy, with more than US$5 billion in the fields of technology, hospitality, real estate and household retail, which contributed to bolstering the US economy.
H.E also pointed out that Qatar spent US$200 million on medical and healthcare for its citizens in 2017, while more 1,200 Qatari students are studying at universities in the U.S.
Touching on the measures that Qatar undertook to counter the illegal blockade imposed on the country since June 5, 2017 with the aim of undermining Qatar’s position as an economically independent and sovereign state, H.E said Qatar has emerged stronger and more independent than ever before.
H.E also noted that the illegal blockade has presented an opportunity for Qatar to make its economy more accessible to the world and bolster its trade relations particularly with the U.S.
H.E. added that Qatar has successfully established direct commercial routes with a number of strategic hubs around the world, diverting trade to its major trading partners.
Qatar is utilizing its available world-class facilities and hi-tech logistics to mobilize its regional agreements with Kuwait, Iraq, Oman, Turkey, Pakistan, India, Azerbaijan and Central Asia, H.E. said. Through these agreements, Qatar aims to expand its trade activities by establishing a sea fleet that connects Qatar with its major trading partners in the world, targeting a market of 400 million population in its first stage, H.E added.
H.E Minister of Economy and Commerce explained that the wise policies adopted by the State of Qatar, which stimulated all sectors of the economy to achieve increased productivity, have reflected positively on the national economy. Qatar’s economy continued its positive performance during the past year, confirming that the country was unaffected by the blockade, H.E. said.
In 2017, Qatar’s total GDP Increased to US$220 billion, compared with US$ 218 billion in 2016, H.E. said, noting that the annual real growth rate at constant price reached around 2% in 2017, which was better than expected.
H.E. added that several international reports have highlighted the remarkable performance of the Qatari economy.
Quoting the latest report released by the World Bank, H.E. added that Qatar’s real GDP growth is expected to increase to 2.8% in 2018, the highest among GCC countries.
Qatar’s foreign trade has also shown remarkable growth, increasing by 16% to reach US$103 billion in 2017, compared with US$89 billion in 2016, H.E. said.
Qatar’s total exports also increased by 19% to reach US$68 billion in 2017, up from US$57 billion in 2016, contributing to a total trade surplus that increased by 40% from US$25 billion in 2016 to US$35 billion in 2017, H.E. added.
H.E Minister of Economy and Commerce highlighted Qatar’s advanced ranking on the latest Global Competitiveness Index, noting that the country ranks first for its stable inflation rates while leading the Arab world and ranking in 20th place globally on the macroeconomic environment index. Globally, Qatar also ranks third for government procurement of advanced technology, fifth for venture capital availability and fifth for the availability of scientists and engineers.
H.E added that Qatar also ranks in advanced positions on the subfactors of the IMD World Competitiveness Yearbook 2018, noting that Qatar ranks third for the labor force,  third for efficiency of government decisions, fourth for transparency, fifth for economic performance and entrepreneurship, seventh for public-private partnerships, eighth for education, tenth for government efficiency and thirteenth for business efficiency.
All these positive indicators, according to H.E, show that Qatar has overcome the blockade by enhancing its economic competitiveness.
H.E added that Qatari-U.S relations extend beyond trade and investment, noting that Qatari-US cooperation is aimed at helping people of both nations overcome challenges and capitalize on opportunities. H.E said Qatar has donated US$100 million to help victims of Hurricane Katrina, which contributed in community development, building houses and hospitals. Qatar also provided US$30 million dollars in aid after Hurricane Harvey.  
H.E Minister of Economy and Commerce concluded by reiterating Qatar’s commitment to its vital strategic economic partnership with the U.S to the benefit of a prosperous Qatar and U.S.
The SelectUSA Investment Summit is a leading event aimed at promoting foreign direct investments in the US with the participation of senior government officials, CEOs, private sector representatives and entrepreneurs. Every edition of the summit focuses on a specific theme related to the US investment environment, overall industry trends and new opportunities. This year’s edition will feature a number of key topics, including promoting global economic prosperity, investments in energy, innovation and technology, workforce development and rebuilding the U.S infrastructure.
SelectUSA Investment Summit is expected to bring together more 3,200 participants, representing 64 international markets and 51 U.S states, with the participation of the U.S Secretaries of Commerce, Treasury and Labor, as well as a number of governors and the U.S Chamber of Commerce officials.
 
 
 

H.E Minister of Economy and Commerce heads Qatar’s delegation at the “2018 SelectUSA Investment Summit”

​H.E Minister of Economy and Commerce heads Qatar’s delegation at the “2018 SelectUSA Investment Summit”
 
H.E Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, Minister of Economy and Commerce, is heading Qatar’s delegation at the “2018 SelectUSA Investment Summit”, which is taking place on June 20-22, 2018 in Washington DC.
 
Through its participation in the SelectUSA summit, the state of Qatar is keen on strengthening its bilateral relations with the U.S and highlighting its friendly investment environment and the opportunities offered by the State across various promising sectors. Qatar will also shed light on key laws and legislations adopted by the state to bolster foreign direct investments, in addition to the incentives, advantages and services offered to investors in terms of streamlining investment applications and procedures, which will contribute to attracting further foreign direct investments and bolstering Qatar’s competitiveness on the regional and global levels.
 
The SelectUSA Investment Summit is a leading event aimed at promoting foreign direct investments in the US with the participation of senior government officials, CEOs, private sector representatives and entrepreneurs. Every edition of the summit focuses on a specific theme related to the US investment environment, overall industry trends and new opportunities. This year’s edition will feature a number of key topics, including promoting global economic prosperity, investments in energy, innovation and technology, workforce development and rebuilding the US infrastructure.
 
SelectUSA Investment Summit is expected to bring together more 3,200 participants, representing 64 international markets and 51 US states, with the participation of the US Secretaries of Commerce, Treasury and Labor, as well as a number of governors and US chamber of commerce officials.
 
Qatar and the US enjoy close economic and trade relations, which have reflected positively on the volume of bilateral trade, which reached about QR 21 billion in 2017. The US is Qatar’s first trading partner and primary source of imports, with 16.3% of Qatar’s imports coming from the US.
 
More than 650 American companies currently operate in Qatar, of which 117 are fully owned U.S companies in addition to 20 oil and gas companies and over 30 American companies licensed under the QFC umbrella.
 
 

H.E Minister of Economy and Commerce meets with US Secretary of Treasury and a number of US government officials

​On the sidelines of the SelectUSA Investment SummitH.E Minister of Economy and Commerce meets with US Secretary of Treasury and a number of US government officials
 
H.E Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, Minister of Economy and Commerce, met on Thursday, June 21, 2018, with H.E Mr. Steven Mnuchin, US Secretary of Treasury. The meeting took place on the sidelines of the SelectUSA Investment Summit that is being held on June 20-22, 2018 in Washington, DC.
 
Discussions touched on the promotion of bilateral relations between Qatar and the US on the economic, commercial and investment levels.
 
H.E Minister of Economy and Commerce highlighted the historic US-Qatari ties, noting that bilateral relations have grown significantly since the signing of the Trade and Investment Framework Agreement – or TIFA – back in 2004.
 
H.E. The minister emphasized that recent initiatives including the US-Qatar Strategic Dialogue, Qatar’s Economic Roadshow across US, and the participation of Qatar in the SelectUSA Investment Summit represent key steps towards consolidating the partnership between Qatar and the United States.
 
H.E Minister of Economy and Commerce, also met with Mr. Pete Ricketts, Governor of the State of Nebraska, Mr. Gary Herbert, Governor of Utah, Mr. Kelly Anthon, a member of the Senate of Idaho, Ms. Bobbi Jo Meuleman, Director of the Idaho Department of Commerce and Mr. Don Pierson, Secretary of Louisiana Economic Development.
 
Discussions touched on mechanisms to support joints investments and encourage the Qatari and US private sectors to establish innovative joint investment projects across key sectors in line with the economic policies of both countries.
 
H.E Minister of Economy and Commerce shed light on the latest developments that the Qatari economy witnessed over the past years and the investment incentives that Qatar is offering across all fields as well as the initiatives launched to support the private sector and bolster its contribution to overall economic development and attracting foreign direct investment.
 
The meeting also touched on the measures taken by Qatar to encourage and attract investments, including a draft law to regulate the investment of the non-Qatari capital in economic activity, which allows foreign investors 100% ownership across all sectors and facilitates the access of investors into the Qatari market.
 
Qatar and the US enjoy close economic and trade relations, which have reflected positively on the volume of bilateral trade, which reached about QR 21 billion in 2017. The US is Qatar’s first trading partner and primary source of imports, with 16.3% of Qatar’s imports coming from the US.
 
More than 650 American companies currently operate in Qatar, of which 117 are fully owned U.S companies in addition to 20 oil and gas companies and over 30 American companies licensed under the QFC umbrella.
 
The SelectUSA Investment Summit is a leading event aimed at promoting foreign direct investments in the US with the participation of senior government officials, CEOs, private sector representatives and entrepreneurs. Every edition of the summit focuses on a specific theme related to the US investment environment, overall industry trends and new opportunities. This year’s edition will feature a number of key topics, including promoting global economic prosperity, investments in energy, innovation and technology, workforce development and rebuilding the US infrastructure.
 
SelectUSA Investment Summit is expected to bring together more 3,200 participants, representing 64 international markets and 51 US states, with the participation of the US Secretaries of Commerce, Treasury and Labor, as well as a number of governors and the US Chamber of Commerce officials.
 
 
 
 

Ministry of Economy and Commerce organizes awareness campaign on importance of organ donation


The Ministry of Economy and Commerce, in cooperation with Hamad Medical Corporation, organized on Sunday, June 10, 2018, a campaign to raise awareness about the importance of organ donation in a bid to motivate and encourage employees to donate.
 
The campaign is part of the ministry’s community outreach program and reflects its humanitarian values in line with a strategic plan to achieve the Qatar National Vision 2030, which focuses on citizens as pillars for sustainable human development.
 
The campaign aims to educate the public on the importance of organ donation and its contribution to saving the lives of thousands of patients. The campaign provides potential donors with necessary information on registration procedures.
 
Participants in the campaign welcomed the initiative and were aware of the importance of donating organs, especially since this humanitarian action may contribute to saving the lives of patients and relieving their suffering while instilling the values of cooperation and solidarity in society.
 
 

Ministry of Economy and Commerce notifies a number of retail outlets at a shopping mall to amend their status in commercial licenses and records


The Ministry of Economy and Commerce has carried out a surprise inspection campaign targeting a number of retail outlets at a shopping mall in Muraikh, in order to monitor the compliance of shops with laws and regulations governing commercial activities.
 
The inspection campaigns come within the framework of the ministry’s Ramadan initiatives under the theme #Aqal_Min_Al_Wajeb.” The ministry traditionally intensifies its inspection campaigns before and throughout the holy month of Ramadan as part of its efforts to monitor markets and commercial activities. The campaigns are also aimed at ensuring compliance with laws and regulations governing commercial activities in order to crack down on violations and protect consumer rights.
 
The inspection campaign resulted in the notification of 19 retail outlets to amend their status in commercial licenses and records.
 
The Ministry of Economy and Commerce urged merchants and shop owners to abide by regulations and laws governing commercial activities. The Ministry also invited merchants and shop owners to learn about laws and regulations governing commercial activities by visiting the Ministry of Economy and Commerce’s website on www.mec.gov.qa to avoid legal accountability and penalties.

 
 
The ministry urges all consumers to report violations related to Commercial Registration and Licenses through the following channels:
 
– Call Centre: 16001
– Email: info@mec.gov.qa
– The accounts of the Ministry of Economy and Commerce on social networks
– Twitter MEC_QATAR
– Instagram MEC_QATAR
– The App of the Ministry of Economy and Commerce on iPhone and Android devices MEC_QATAR
 
 
 

Ministry of Economy and Commerce announces recall of Nissan X-Trail model of 2013 and Patrol models of 2013-2018 over possible defect in the passenger air bag inflator


The Ministry of Economy and Commerce, in collaboration with Saleh Al Hamad Al Mana Company, dealer of Nissan vehicles in Qatar, has announced the recall of Nissan X-Trail model of 2013 and Patrol models of 2013-2018 over possible defect in the passenger air bag inflator.
 
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
 
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

Ministry of Economy and Commerce announces recall of Mercedes A-Class, C-Class, CLA-Class and GLA-Class models of 2014-2015 because the driver airbag could trigger without obvious cause


     Ministry of Economy and Commerce announces recall of Mercedes A-Class, C-Class, CLA-Class and GLA-Class models of 2014-2015 because the driver airbag could trigger without obvious cause
     
The Ministry of Economy and Commerce, in collaboration with Nasser Bin Khaled Automobiles, dealer of Mercedes Benz vehicles in Qatar, has announced the recall of Mercedes A-Class, C-Class, CLA-Class and GLA-Class models of 2014-2015 because the driver airbag could trigger without obvious cause.
The ministry said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that car dealers follow up on vehicle defects and repairs.
The ministry said that it will coordinate with the dealer to follow up on the maintenance and repair works and will communicate with customers to ensure that the necessary repairs are carried out.
 
The Ministry urges all customers to report any violations to its Consumer Protection and Anti-Commercial Fraud Department, which processes complaints, inquires and suggestions through the following channels:
Call Center: 16001
Email: info@mec.gov.qa
Social media accounts:
Twitter: @MEC_Qatar
Instagram: MEC_Qatar
Ministry of Economy and Commerce mobile app for Android and IOS: MEC_Qatar

H.E. Qatar’s Minister of Economy and Commerce highlights broad prospects for Qatari- U.S partnership, says Qatar achieved remarkable economic growth

​In his opening speech at the Qatar-U.S Economic Forum held in Charleston, South Carolina within the framework of Qatar’s Economic Roadshow in the U.SH.E. Qatar’s Minister of Economy and Commerce highlights broad prospects for Qatari- U.S partnership, says Qatar achieved remarkable economic growth·        The U.S. is one of Qatar’s most valued and largest global partners with bilateral trade reaching 24 billion US dollars in the last five years.·        Qatar has sought to cement its trade relations with countries around the world, particularly the U.S·        Qatar’s economy maintained its positive growth rates during the past year, confirming that the country was unaffected by the blockade·        Qatar’s total foreign trade rose significantly last year, increasing by 16% in 2017·        Qatar’s exports increased by 19%·        Qatar’s total trade surplus increased by 40%.·        Numerous international reports have indicated the strong performance of the Qatari economy despite regional challenges·        Globally, Qatar ranks first in terms of providing a safe business environment according to a report published by the World Economic Forum·        Qatar has sought to mobilize its regional agreements with Kuwait, Iraq, Oman, Turkey, Pakistan, India, Azerbaijan and Central Asia.·       A large number of Qatari businessmen and CEOs are looking forward to foster investment partnerships with their American counter-parts
 
Within the framework of Qatar’s Economic Roadshow across a number of U.S cities, the Ministry of Economy and Commerce, in cooperation with Qatar Chamber, the U.S Chamber of Commerce, the Qatari Businessmen Association and the US-Qatari Business Council organized on Monday, April 16, 2018, the Qatar-U.S Economic Forum in Charleston, South Carolina.
 
His Excellency Sheikh Ahmed bin Jassem bin Mohammed Al-Thani, Minister of Economy and Commerce, chaired the forum, which brought together Ambassador Anne Patterson, President of the US-Qatar Business Council and Mr. Tony Allen, Program Manager for Foreign Direct Investment in the South Carolina Department of the Ministry of Commerce, along with a large number of businessmen and Qatari officials and CEOs from major American companies.
In his opening speech, H.E. the Minister of Economy and Commerce stressed that Qatar’s Economic Roadshow in the U.S, which includes the Qatar-U.S Economic Forum as well as business-to business-meetings and sectorial roundtable discussions and exhibitions to highlight economic and cultural partnerships with key U.S cities, is designed to further promote U.S-Qatari bilateral ties and partnerships.
H.E. noted that international trade and investment form a key part of Qatar’s future growth and diversification, adding that the U.S is one of Qatar’s most valued and largest global partners, with a trade volume that reached U.S$24 billion in the past five years.
The U.S is also Qatar’s first destination for imports, H.E said, noting that 16% of Qatar’s imports came from U.S in 2017. H.E also highlighted that financial transactions from Qatar to the U.S reached 26.5 billion U.S dollars in 2017 alone, including business profit, salaries, and payments.
Meanwhile, more than 650 American companies are established in Qatar, including 117 companies 100% owned by US citizens, H.E. said, adding that another 55 U.S companies operate under the Qatar Financial Centre.
According to the minister, Qatar has been increasing its investments in the U.S for many years, creating thousands of jobs across America.  These include partnerships with numerous American companies, such as ExxonMobil, ConocoPhillips and Raytheon, Sheikh Ahmed noted.
In addition, 15,000 American citizens live in Qatar, where 5,000 highly skilled individuals are currently working in the private sector, H.E. said.
Touching on Qatari investments in the U.S, H.E. said Qatar Airways alone provided a US$92 billion boost to the U.S. economy through the purchase of 332 American aircrafts a deal that supports more than 527,000 jobs. H.E added that US$146 billion worth of exports and orders to Qatar have generated 1 million American jobs that depend on doing business with Qatar.
On a related note, H.E. shed light on Qatar Investment Authority, which pledged to invest US$45 billion for the period from 2015 to 2020. Of that, US$10 billion will be channeled into the infrastructure sector, H.E. said, noting that these investments represent 23% of Qatar’s GDP.
Touching on the oil and gas sector, H.E said Qatar Petroleum has allocated $10 billion worth of investments in a LNG plant in Texas, noting that this project would provide 45,000 jobs over the life of the station.
Highlighting investments by the private sector, Sheikh Ahmed said private companies have heavily invested in the US economy, with more than US$5 billion in the fields of technology, hospitality, real estate and retail, which contributed to bolstering the US economy.
The minister also pointed out that Qatar spent around US$200 million on medical and healthcare for its citizens in 2017, while more 1,200 Qatari students are studying at universities in the US.
H.E touched on the measures that Qatar has taken to overcome the unjust siege imposed on the country since 5 June 2017, which was aimed at undermining its position as an independent economic and sovereign state.
Qatar has emerged stronger and more independent than ever before, the minister stressed, noting that the illegal blockade has presented an opportunity for Qatar to cement its trade relations with countries worldwide, particularly the U.S and make its economy more accessible to the world.
H.E. added that Qatar has successfully established direct commercial routes with a number of strategic hubs around the world, diverting trade to its major trading partners.
H.E explained that Qatar has sought to mobilize its signed regional agreements with Kuwait, Iraq, Oman, Turkey, Pakistan, India, Azerbaijan and Central Asia to expand its trade activities by establishing a sea fleet that connects Qatar with its major trading partners in the world, targeting a market of 400 million population in its first stage.
Qatar’s economy maintained its positive growth rates during the past year, confirming that the country was unaffected by the blockade, H.E. said.
In 2017, Qatar’s total GDP Increased to US$220 billion, compared with US$ 218 billion in 2016, H.E. said, noting that the annual real growth rate at constant price reached around 2% in 2017, which was better than expected.
H.E added that numerous international reports have indicated the strong performance of the Qatari economy despite regional challenges. Quoting the latest report released by the World Bank, H.E. added that Qatar’s real GDP growth is expected to increase to 2.8% in 2018, the highest among GCC countries.
Touching on Qatar’s foreign trade, H.E said Qatar’s total trade volume rose by 16% in 2017 while exports increased by 19%, contributing to a total trade surplus that increased by 40%.
Globally, Qatar ranks first in terms of providing a safe business environment according to a report published by the World Economic Forum, H.E said.
All these positive indicators, according to Sheikh Ahmed, show that Qatar has overcome the blockade by enhancing its economic competitiveness.
On another note, Sheikh Ahmed also emphasized that Qatari-U.S cooperation is not only related to trade and investments, but also extends to other fields, noting that these mutually beneficial relationships are all about the Qatari and American people helping one another to overcome challenges and capitalize on opportunities.
H.E said Qatar donated US$100 million to help victims of Hurricane Katrina, which contributed in community development, building houses and hospitals. Qatar also provided US$30 million dollars in aid after Hurricane Harvey.  
Sheikh Ahmed added that the Qatari private sector is also playing a major role in U.S corporate social responsibility, citing the privately funded “Al Faisal without Borders Foundation,” which has launched projects to help rehabilitate American ex-convicts.
H.E added that Qatar’s Economic roadshow, which targets 10 U.S cities with the first phase taking place in Miami Florida, Washington DC, South Carolina and North Carolina, followed by a second phase across other U.S states, comes within the framework of Qatar’s keenness on bolstering cooperation prospects with the U.S and enhancing communication between the private sectors in both countries.
H.E said a large number of Qatari businessmen and CEOs of major companies are looking forward to foster investment partnerships with their American counter-parts.
An exhibition that highlights Qatar’s heritage and culture as well as joint achievements and investments was also inaugurated, HE said.
H.E. concluded his speech by reiterating Qatar’s commitment to its economic strategic partnership with the US, wishing both the Qatari and US people success and prosperity.
For her part, Ambassador Anne Patterson, President of the U.S-Qatar Business Council, said the goal of the Qatar-U.S Economic forum in Charleston is to familiarize the American private sector with investment opportunities in Qatar. In return, U.S businessmen will be introducing the Qatari delegation led by H.E Qatar’s Minister of Economy and Commerce to investment opportunities in South Carolina, she added.
Speaking at the forum, Ambassador Patterson said Qatar was familiar with the state of South Carolina through the purchase of Boeing aircraft. Last week, Qatar Airways signed a $ 1.7 billion purchase agreement with Boeing, the largest for the company, Paterson said, noting that the deal provides around 400,000 jobs in the US.
“This is not just about Boeing. Qatar has been facing a blockade since June last year. It has sought to change its trade routes by looking at alternative opportunities and seeking new supplies when its borders were sealed with its neighbors. Qatar had to import food, building materials and even the necessary drug supplies from other countries, which proved Qatar’s resilience,” Patterson said, noting that “Qatar now has the opportunity to import higher quality products at lower prices compared to previous imports from neighboring countries.”
Ambassador Patterson added that Qatar has earned the experience and seized the opportunity to achieve self-sufficiency and open up new ports over the past few months, noting that there is much room for cooperation between Qatar and South Carolina in various fields.
Ambassador Patterson highlighted the similarities between South Carolina and Qatar, noting that South Carolina is a leading tourist destination that attracts thousands of visitors annually. Qatar is also a leading tourist destination in the Gulf region and a hub for cruise tourism, Patterson said, highlighting the large number of tourists that will visit Qatar to attend the 2022 World Cup.
“During my meeting in Miami, I met a number of tourism professionals who wanted to visit new destinations and organize celebrity trips to destinations other than Europe,” she said, noting that Qatar has the opportunity to become a major tourist destination thanks to its advanced infrastructure, 5-star hotels, and safe investment climate.
Ambassador Patterson added that thanks to its strong expertise in the tourism industry, Charleston can work with Qatar to boost tourism.
Ambassador Patterson also noted that the forum touched on important issues such as the role that Qatar played in enhancing its economy and increasing the contribution of SMEs to economic growth in addition to adopting laws and legislation that will bolster the business and investment environment in Qatar. These include waiving visa requirements for citizens from 80 countries while it could take up weeks to obtain visas to other Gulf countries, Patterson said. She added that Qatar has also allowed foreigners to fully own companies, noting that these incentives are conducive to attracting more investments and stimulating the business environment in Qatar, Patterson said.
Mr. Tony Allen, Program Manager for Foreign Direct Investment in the South Carolina Department of the Ministry of Commerce, praised the Qatari delegation for choosing Charleston and South Carolina as part of Qatar’s Economic Roadshow in the US. “We hope this visit will enhance the relations between the two countries.”
A delegation from Qatar Investment Authority (QIA) and Qatar Airways (QR) visited South Carolina last February and signed a contract to buy Boeing 787s, Allen noted, adding that South Carolina presents numerous investment opportunities that Qatari businessmen could tap while businessmen from South Carolina also have the opportunity to invest in Qatar.
He added that Qatar’s Economic Roadshow in the U.S familiarizes participants with investment opportunities in both countries.
“The state of South Carolina is open to business and offers many opportunities while also the state is home to major corporations such as Boeing and major banks and institutions,” he said, adding that South Carolina is a leading destination for foreign direct investments.
The forum also featured bilateral meetings between Qatari and US. businessmen who explored investment opportunities in both countries and the promotion of long term cooperation mechanisms between US and Qatari companies.
The Qatari delegation participating in the economic roadshow is led by H.E Sheikh Ahmed bin Jassem bin Mohammed Al-Thani, Minister of Economy and Commerce. The delegation brings together representatives from the Ministry of Economy and Commerce, Ministry of Energy and Industry, Qatar Investment Authority (QIA), Qatar Chamber, Qatar Airways (QR), Qatar Foundation (QF), Doha Film Institute (DFI),  Qatar Stock Exchange, Free Zones Authority, Qatar Financial Centre, beIN SPORTS , the Supreme Committee for Delivery & Legacy , Al Manateq Company, Qatari Diar , Katara Hospitality and Qatar Tourism Authority (QTA), and several other major Qatari institutions.
Qatar’s Economic Roadshow in the U.S features economic forums, bilateral discussions, meetings between Qatari businessmen and their American counterparts, exhibitions and roundtable sectorial discussions in the fields of real estate, investment, hospitality, tourism, hotel, technology, health, medicine, banking, law, public-private partnerships and infrastructure projects.
 

Qatar-U.S Economic Forum kicks off tomorrow in Raleigh, North Carolina

​As part of Qatar’s Economic Roadshow across a number of U.S citiesQatar-U.S Economic Forum kicks off tomorrow in Raleigh, North Carolina
 
The Ministry of Economy and Commerce, in cooperation with the Qatar Chamber, the U.S Chamber of Commerce, the Qatari Businessmen Association, the U.S-Qatari Business Council and a number of official U.S agencies, organizes on Wednesday, April 18, 2018, the Qatar-U.S Economic Forum in Raleigh, North Carolina.
The forum is organized within the framework of Qatar’s Economic Roadshow in the U.S, which spanned four US cities in its first phase starting in Miami Florida, then Washington DC, Charleston, South Carolina and Raleigh, North Carolina.
The forum aims at bolstering and expanding Qatari-U.S trade and economic relations and provides an important platform for dialogue between businessmen from both countries. The forum also presents an opportunity to promote cooperation between the Qatari and U.S private sectors and to discuss the development of joint investment projects to the benefit of both countries.
The forum will bring together senior political, economic and trade officials along with businessmen and CEOs of major companies from both countries.  Panel discussions will be held on the sideline of the forum between representatives of the Qatari and U.S business sectors in a bid to strengthen existing economic partnerships. The forum will also feature a round table to discuss ways to take advantage of business opportunities in the U.S and to enhance cooperation between businessmen in both countries.
The Ministry of Economy and Commerce has already organized three Qatar-U.S economic forums in the cities of Miami, Washington and Charleston, in cooperation with the Qatar Chamber, the U.S Chamber of Commerce, the Qatari Businessmen Association, the Qatari Business Council and a number of official bodies in the US.
The ministry also organized on the sidelines of the forums a number of workshops and sessions between the Qatari and US private sectors as well as roundtable sectorial discussions. The roadshow also featured the opening of two exhibitions in Miami, California and Charleston city, South Carolina.
 
The first and second editions of the exhibition brought together representatives from official institutions in Qatar including the Ministry of Economy and Commerce, the Supreme Committee for Delivery & Legacy, Qatar Airways, Doha Film Institute, Qatar Foundation and Qatar Foundation International along with a number of U.S companies that have partnered in investment projects with Qatar such as Occidental Petroleum, Boeing, ExxonMobil and ConocoPhillips.
A delegation led by HE His Excellency Sheikh Ahmed bin Jassem bin Mohammed Al-Thani, Qatar’s Minister of Economy and Commerce participated in the Economic Roadshow. The Qatari delegation included representatives from the Ministry of Economy and Commerce, Ministry of Energy and Industry, Qatar Investment Authority (QIA), Qatar Chamber, Qatar Airways (QR), Qatar Foundation (QF), Doha Film Institute (DFI),  Qatar Stock Exchange, Free Zones Authority, Qatar Financial Centre, beIN SPORTS , the Supreme Committee for Delivery & Legacy , Qatar National Bank (QNB) , Al Manteq Company, Qatari Diar , Katara Hospitality and Qatar Tourism Authority (QTA), and several other major Qatari institutions.
Qatar’s Economic Roadshow in U.S cities featured economic forums, bilateral discussions, meetings between Qatari businessmen and their American counterparts, and roundtable sectorial discussions in the fields of real estate, investment, hospitality, tourism, hotel, technology, health, medicine, banking, law, public-private partnerships and infrastructure projects.
US-Qatari bilateral economic relations have grown significantly since the signing of the Trade and Investment Framework Agreement – or TIFA – back in 2004. Today, the U.S is considered as a strong trading partner with a volume of $6 billion and is the primary source for Qatari imports.  In 2017, 16% of Qatar’s imports came from U.S.
650 American companies currently operate in Qatar, including 117 companies 100% owned by US citizen.
The total value of exports and orders to Qatar reached about 145.8 billion dollars, which would contribute to the creation of one million U.S jobs based on existing investments by Qatar.
In 2015, Qatar investment Authority pledged to invest $45 billion over a five-year period of which $10 billion will be invested in the U.S infrastructure.
Qatar Airways also established direct flights between Doha and 10 destinations in the U.S including Miami, Washington DC, Atlanta, Chicago, Boston, Dallas, Houston, Los Angeles, New York, and Philadelphia, streamlining business access to the U.S.  Qatar Airways also purchased U.S made aircrafts worth 92 billion dollars from Boeing.
 

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

​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.