Qatar Chamber: Trade Exchange with Australia Reaches QR 4.2 Billion in 2022

 

 

Doha, May 03 (QNA) - Qatar Chamber (QC) First Vice-Chairman Mohamed bin Twar Al Kuwari met on Wednesday with President and National Chairman of the Australia Arab Chamber of Commerce and Industry (AACCI) Mohamed Hage.

The meeting touched on strengthening cooperation between both chambers and reviewing the investment climate and opportunities for Qatar and Australia.

Speaking at the meeting, Mohamed bin Twar Al Kuwari praised the friendly relations between the two countries, noting that the volume of trade exchange between Qatar and Australia reached QR 4.2bn in 2022, showing 20% growth compared to QR 3.5 billion in 2021 and that Qatar exports fertilizers, aluminum and polymers to Australia, while the top imports from Australia include meat and aluminum oxide.

Mohamed bin Twar stressed the interest of Qatari investors to explore the investment opportunities galore in Australia, emphasizing the importance of cooperation between QC and AACCI to organize business meetings and seminars to explore the investment opportunities galore and the establishment of mutual projects.

For his part, Mohamed Hage said that the two countries enjoy distinctive relations, pointing out that his visit aimed at reviewing prospects for cooperation between the Australia Arab Chamber of Commerce and Industry and Qatar Chamber and enhancing the communication between businessmen in both countries.

Al Haj also said that there is room for further cooperation between the private sector on both sides in various fields, including agricultural technology, mining, food security and tourism.

He said that 10,000 Australian visited Qatar during the 2022 World Cup. (QNA)