Tuesday, April 20, 2021

Qatar-China To Hold Business Summit For Strengthening Economic Cooperation

Qatar and China are working closely on the expansion of economic cooperation between the two countries. For strengthening existing Qatar-China partnership, the Ministry of Commerce and Industry is organising the Qatar-China Business Forum in Beijing. 

The forum will serve as a platform to boost joint cooperation, bilateral trade, investments, and industrial relations that will help to push new partnerships between the two countries.

Both Qatar-China enjoys friendly trade and economic relations, reflected on the volume of bilateral trade that amounted to nearly $13.5 (about QR50bn) in 2018. Currently, China ranks as Qatar’s third largest trade partner, accounting for 11.7 percent of the country’s total foreign trade.

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

The forum will feature four sessions 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 focus on opportunities and challenges linked 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.

The event provides an important networking platform that brings together Qatari and Chinese businessmen and representatives of the private sector in both countries. It will familiarise attendees with the characteristics of the business environment in Qatar, which represents an attractive destination for foreign investments. The forum will also highlight Qatar’s attractive legislative environment, as well as amended laws and new legislation adopted by Qatar to attract and encourage foreign direct investments.

The forum will draw investment opportunities in priority sectors to pave the way for foreign investments in Qatar that will strengthen bilateral cooperation and contribute to the development of innovative investment areas.

At present more than 14 fully owned Chinese companies are operating in Qatar in addition to 181 joint Qatari-Chinese firms operating in the fields of construction, trade, information technology, furniture and engineering consultancy and other.

More News at EurAsian Times

Featured News

US’ F-35 Stealth Jets Not A Great Choice For Clash With China — Top USAF Official

A senior US Air Force officer has questioned the utility of the American F-35A stealth fighters against the adversary in a hypothetical US military...

As MiG-35 Gets Neural Links, IAF Pilot Says India Must Prioritize ‘Capabilities Over Platform’

Russia’s MiG Corporation is developing smart target recognition systems based on neural networks for MiG series aircraft, especially the 4++ generation MiG-35 fighter, the...

China To Conduct Most Rapid Expansion Of Nuclear Weapons & Delivery Mechanism Ever — US Report

China will continue its efforts to spread its influence, undercut that of the United States, drive wedges between Washington and its allies and partners,...

How QUAD Allies India & Japan Are Making Andaman Islands A Key Military Hub To Checkmate China

India and Japan which are part of the QUAD block seem to have joined hands in the Indian Ocean region. India's strategically-located Andaman &...

US-India EEZ Row: US ‘Tones Down’ Naval Ops Squabble In India’s Maritime Zone; China Calls It QUAD Dilemma

After calling it an innocent ‘passage’, the US has further toned down the controversy surrounding its naval operation in India’s exclusive economic zone (EEZ)...