Qatari Companies Participate in International Exhibitions, Activities

Doha, October 03 (QNA) - Qatar Development Bank's Export Development and Promotion Department TASDEER', hosted in recent months several trade missions as well as participated in a number of exhibitions in lucrative parts of the globe, as part of its vision of expanding the scope of Qatari companies across the globe. Qatar Development Bank (QDB) took part in Columbia Plast, which was held in Colombia, with around 705 exhibitors, the event immensely offered one of the best platforms to companies operating in the plastics and allied industries. Furthermore, as part of its SMEs' growth drive, TASDEER participated in the World Food Moscow exhibition. The World Food Moscow event is the main platform in Russia where food trade professionals, international associations, government ministers and the international press can assess the market; network with existing and new clients, as well as conduct and conclude deals for the future. In yet another initiative to further expand the Qatari SMEs' expanse, TASDEER participated in the 12th edition of Medical Fair Asia Singapore, 2018 at Marina Bay Sands, Singapore. QDB had set up a special pavilion to give exposure to SMEs at such global events and eventually help them promote their products in the international markets. Medical Fair Asia continues to be Southeast Asia's most definitive event for the medical and healthcare industry, gathering the region's hospital, diagnostic, pharmaceutical, medical and rehabilitation sectors in one convenient location and providing the perfect platform to discover the latest industry innovations, to network and do business. During the months of July and August, TASDEER hosted successful trade missions to Australia and Ethiopia. The selection of these two nations by TASDEER lies in the fact that both the countries share a great trade relationship with the State of Qatar. The volume of trade exchange between Qatar and Australia reached nearly QR2.97bn in 2017. Similarly, Ethiopia's import from Qatar stood at QAR 31 Million in 2016, while Ethiopia's export to Qatar stood at QAR 7.3 Million. Through its activities, TASDEER aims to promote exports from Qatar and enhance the expanse of Qatari SMEs at global platforms. Through its research-driven export initiatives, TASDEER regularly aims to assist all local enterprises, particularly those with the ability to export, to break into regional and international markets. Since the establishment of TASDEER, the exports development program has successfully introduced Qatari exports to various world markets and reinforced the QDB's support to local business through the provision of credit guarantees, services on trade finance, and risk hedging on invoices. (QNA)