(MENAFN- The Peninsula) QNA
London: Prime Minister of the United Kingdom Boris Johnson affirmed that the State of Qatar is an important strategic partner for his country in the Middle East, in the fields of trade, defense, culture and education.
Johnson added, in exclusive statements to Qatar News Agency (QNA) from London, that the ties between the two countries have deep roots and help provide security and prosperity for the people of the two countries, explaining that in light of these difficult times the world is going through, 'there is a lot that we can do.' Together to deepen this partnership, from boosting investment to diversifying energy supplies and advancing green technology.”
The Prime Minister of the United Kingdom expressed his aspiration to welcome the Amir H H Sheikh Tamim bin Hamad Al Thani at the Prime Minister's Residence (10 Downing Street) once again, indicating that the two countries are seeking to advance their relations towards a better future for their people.
Qatar and Britain intend to launch an annual strategic dialogue to constitute a major shift in the level of their close partnership, a development in relations that helps address issues of common concern related to development and sustainability, the climate change crisis, conflict resolution, and defense and security issues.
Britain considers Qatar an important partner on the economic level, and the military relations between the two countries are witnessing a strong partnership, thanks to the joint will of the leadership in both countries to push relations to the highest level, while the volume of Qatari investments in Britain exceeds 40 billion pounds.
His Highness the Amir's visit to Britain coincides with the issuance of a report by the British Department of International Trade on the volume of trade and economic relations between the United Kingdom and Qatar. The 41st largest trading partner for the United Kingdom, where the volume of trade exchange between them amounted to 4.8 billion pounds during the past year, and British exports to Qatar during that period amounted to 2.6 billion pounds, while British imports from Qatar during the same period recorded 2.2 billion pounds, an increase of 23.8% compared to 2020.
The report showed that Qatar is the 34th largest market for British exports, and the 44th largest market for British imports. Accordingly, British exports to Qatar decreased by 33% during the 12 months until last February, while UK imports from Qatar achieved an increase of 163% in the same period.
The report also indicated the growth of the services sector among British exports to Qatar, while Qatar's oil and gas exports constitute 86% of the volume of Qatari exports to the United Kingdom.
The report showed the pivotal role that the State of Qatar plays in securing Britain's gas imports in light of the global energy crisis, as Qatar exports of liquefied natural gas cover the largest proportion of Britain's liquefied gas needs.
MENAFN24052022000063011010ID1104265458
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.