Qatar Chamber meets Indian trade delegates

Qatar Chamber held yesterday a meeting with trade delegation from India to explore means of strengthening co-operation between both sides.

Qatar Chamber Vice Chairman Mohamed bin Ahmed bin Twar, who headed the Qatari side, said the meeting represents a positive chance for both sides to explore 

investment opportunities. 

He hoped for the Indian side to be able to reach positive outcomes as a result to the talks with their Qatari counterpart, highlighting the strong economic relations between both sides.

The vice chairman said the presence of a large Indian community in Qatar works as a big factor to supporting those relations, adding that the co-operation between both sides is rising in several areas, especially in the hydrocarbon field.

The trade volume between Qatar and India in 2015 amounted to approximately $10.3bn, with India being the third largest importer of Qatari gas only behind Japan and South Korea.

Regarding the private sector, there are vast co-operation opportunities between Qatari and Indian businessmen and their companies, bin Twar said, adding that there are a number of fields that provide good investment opportunities in both countries such as technology, construction, and oil and gas.

Bin Twar urged the Indian side to explore the investment opportunities in the Qatari market and build real partnerships with their Qatari counterparts to reap the benefits for both countries, stressing that Qatar Chamber is doing its best to attract foreign investment and support the Qatari economy.

As seen on GulfTimes  Image Credits GulfTimes