H.E. Mr. Mohammed bin Hassan Al-Malki, Undersecretary of the Ministry of Commerce and Industry, met today with American Chamber of commerce’s delegation headed by Mr. Khush Choksy, Senior Vise President of the U.S. Chamber of Commerce for Middle East and Turkey Affairs, who is visiting Qatar. Attended the meeting, H.E. Mr. Saleh bin Majed Al-Khulaifi, Assistant Undersecretary for Industry and Business Affairs, and Mr. Ayed bin Menahi Al-Qahtani, Assistant Undersecretary for Commerce Affairs at the Ministry of commerce and Industry, and a number of Investment Promotion Agency and Qatar financial Centre representatives. The meeting witnessed seeking reinforcement of cooperation ties between Ministry of commerce and Industry and U.S.A’s Chamber of Commerce in fields like commerce, investment, and industry, besides highlighting the available economic opportunities in Qatar and the U.S.A which are a representation of the two countries potentials and capabilities. In addition to reviewing the latest updates in economic, commercial, industrial, and investment relation and ways to improve them. The two sides discussed mechanisms of supporting joint investments, and incentivizing private sector to establish innovative investment projects in major sectors that will serve the two countries economic approaches. H.E. the Undersecretary confirmed that this meeting embodies the strong relationships between Qatar and the U.S.A and emphasizes the two countries commitment to enhance commercial and economic ties. He also added that the U.S.A is Qatar’s 6th largest trade partner, where the trade exchange between the countries increased in 2023 to reach 6.47 billion USD, which confirms the strong economic relations between the two. He added that the strategic dialogue between Qatar and U.S.A, which was held recently in Washington D.C., has improved the long-term partnership between the two countries, noting that the strategic dialogue is considered a crucial platform to enhance the cooperation, lift joint challenges, and explore new cooperation opportunities. H.E. pointed to Qatar’s 3rd National Development Strategy, stating that it promises aspiring partnership and investment opportunities between the two countries in many sectors such as manufacturing, logistics, IT, finance, agriculture, health care, and others. During the meeting, visual presentations were viewed by Investment Promotion Agency, and Qatar Financial Centre to highlight Qatar’s national economic performance and investment climate, available opportunities, incentives provided to attract foreign investments, and the facilities and support available for American companies that are seeking business in Qatar. The two sides concluded the importance of exchanging visits between businessmen and encouraging the Public-private partnership in aim of accomplishing joint interests.
H.E. Undersecretary of Ministry of Commerce and Industry meets with American Chamber of Commerce Delegation
13 May 2024

