CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qatar, Singapore discuss joint cooperation in trade, investment

Published: 29 Oct 2021 - 09:33 am | Last Updated: 29 Oct 2021 - 09:34 am
Peninsula

The Peninsula

Minister of Commerce and Industry H E Sheikh Mohammed bin Hamad bin Qassim Al Abdullah Al Thani met yesterday with Minister in the Prime Minister’s Office and Second Minister for Education and Foreign Affairs of the Republic of Singapore H E Dr. Mohamad Maliki bin Osman, who is visiting the country.

During the meeting, they reviewed bilateral relations between the two countries in the commercial, industrial and investment fields and ways to enhance and develop them.

Also, they discussed trade policies and the efforts made by the two countries in the context of confronting the COVID-19 pandemic.

During the meeting, the Minister of Commerce and Industry highlighted the successful economic policies established by the State of Qatar to support the private sector, including incentives, legislation, and promising opportunities that encourage foreign investment and provide more investment opportunities for companies wishing to invest and establish a base in the State of Qatar.

The trade and investment cooperation between the State of Qatar and the Republic of Singapore has witnessed significant growth, as the volume of trade exchange between the two countries reached about $3.69bn from January to August 2021.

The Republic of Singapore was the sixth trading partner of the State of Qatar in 2020