Qatar Chamber Chairman Sheikh Khalifa bin Jassim Al Thani during a meeting of the Board of Directors of the Arab-British Chamber of Commerce.
Doha: The volume of trade between Qatar and UK reached around QR12.94bn last year compared to QR10.63bn in 2018, registering a growth of 22 percent, said Qatar Chamber (QC) Chairman, Sheikh Khalifa bin Jassim Al Thani while participating in a meeting of the Board of Directors of the Arab-British Chamber of Commerce, which was held virtually.
The trade volume between the two country has reached QR9.1bn at the end of the third quarter of 2020, he added.
The Chamber’s delegation was presided over by Sheikh Khalifa bin Jassim Al Thani and included board member, Sheikh Hamad bin Ahmed bin Abdulla Al Thani and General Manager, Saleh bin Hamad Al Sharqi.
The virtual meeting discussed many topics including a report by the Executive Committee and report on the Chamber’s activities during the pandemic of COVID-19 as well as the Chamber’s financial performance, the appointment of an auditor, and pension scheme update.
For his part, Sheikh Khalifa bin Jassim praised the distinguished relations between Qatar and the United Kingdom in the field of economy and commerce, stressing that the Qatari investments in the UK, which amounted nearly £35bn, play a significant role in the British economy.
QC Chairman also indicated that there are hundreds of British-Qatari companies that are working in Qatar, while there are 40 companies with 100 percent British capital.
Underscoring the role of the Arab-British Chamber of Commerce, Sheikh Khalifa said it plays a key role in the promotion of trade and investment relations between the United Kingdom and the Arab world, affirming that there are plenty of investment and trade opportunities available in both sides.
