Chairman of Qatar Chamber to QNA: HH the Amir's Visit to Germany Contribures to Building New Strategic Partnerships

Doha, October 22 (QNA) - HE Chairman of Qatar Chamber (QC), Sheikh Khalifa bin Jassim Al-Thani highlighted the importance of the visit of HH the Amir Sheikh Tamim bin Hamad Al-Thani to Germany, explaining that the visit comes within the framework of enhancing bilateral relations and developing trade, economic and political cooperation between the two countries. In a statement, His Excellency told Qatar News Agency (QNA) that the visit will effectively contribute to building new strategic partnerships and expanding existing investment partnerships, in addition to opening new markets for Qatari products. HE Chairman of QC affirmed that the visit of HH the Amir comes as a result of His Highness' long-term vision and as a culmination of the distinguished relations between Qatar and Germany, which go back to over 40 years, pointing out the importance of the visit in enhancing the strategic partnership between the two countries, especially in the field of economy and trade. His Excellency noted the continuous development of relations between the two countries, especially in the fields of energy, trade, culture, sports, science and politics, indicating that there are more than 300 German companies operating in Qatar in vital sectors such as energy, contracting, medical equipment, and communications. On the other hand, he said that Qatari investments in Germany exceeded EUR 25 billion, and include sectors such as the automotive industry, communications and banking services. The visit of HH the Amir to Germany will open new markers to attract investments to Qatar, especially in light of the country's world-class infrastructure and advanced legislative reforms, in addition to the best banking services in the region and around the globe. His Excellency affirmed that the Federal Republic of Germany represents an important partner for the State of Qatar, as the volume of trade exchange between the two countries reached QAR 7.1 billion in 2023, compared to QAR 6.8 billion in 2022, with a growth rate of 4.2 percent. (QNA)