The Qatar Chamber hosted a high-level trade delegation from North Rhine-Westphalia, one of Germany’s largest industrial regions. During the visit, a joint business meeting was held where leading business figures from both countries came together to explore trade and investment opportunities. The discussions focused on strategic sectors such as information technology, energy, petrochemicals, sports, engineering, port services, semiconductor technologies, and polymer materials.
Sheikh Khalifa bin Jassim Al Thani, Chairman of the Qatar Chamber, emphasized the key role of the private sector in advancing bilateral economic ties, stating: “This meeting marks a significant step toward elevating economic relations between Qatar and Germany. Through mutual investments and partnerships, the dynamism of the private sector will directly contribute to the development goals of both nations.”
He noted that, as of 2024, the trade volume between Qatar and Germany has reached $6 billion, highlighting Germany as a priority market for Qatari investments across sectors such as automotive, telecommunications, finance, and real estate. Sheikh Khalifa also pointed out the active presence of hundreds of German companies currently operating in Qatar, underscoring the vibrancy of bilateral economic cooperation.
Hendrik Wüst, Minister-President of North Rhine-Westphalia, acknowledged Qatar’s emerging status as a regional hub for business and investment. He commented: “Qatar National Vision 2030’s focus on sustainability and diversification offers a strong foundation for collaboration with industrial regions like ours, which are undergoing major transitions.” Wüst added that his state is moving from traditional industries toward advanced technologies, creating unique opportunities for Qatari investors.
This high-level meeting between Qatar and Germany serves as a clear indicator of both nations’ commitment to fostering long-term partnerships in areas such as artificial intelligence, nanotechnology, hydrogen production, biotechnology, and aviation. The engagement reflects a shared vision for sustainable development, innovation, and economic diversification.
Comments
No comment yet.