QC Chairman Stresses Importance Of Developing Trade Between Arab Countries And UK


(MENAFN- The Peninsula) The Peninsula

Doha: Qatar Chamber Chairman and First Vice-Chairman of the Arab-British Chamber of Commerce (ABCC) Sheikh Khalifa bin Jassim Al Thani has participated in the ABCC's Board of Directors and the Executive Office meetings which were held via video conference.

The meetings discussed the chamber's activities and work plan for 2023, the financial performance report, the annual accounts for the fiscal year 2022, and the appointment of auditors.

Attendees also reviewed means to enhance commercial ties between the UK and Arab countries and increase mutual investments, as well as the role of the private sector in increasing trade exchange between both sides.

Commenting on this, Sheikh Khalifa stressed the robust relations between the Arab World and the UK, which cover all fields and aspects, especially at the level of economy and trade, noting that the UK is one of the most important trade partners to Arab countries in terms of the mutual investments between both parties in various sectors.

He also referred to the 2nd Arab-British Economic Summit (ABES2022), which was held in strategic partnership with Qatar Chamber last month in London, pointing out that it was a great success and touched on several topics such as the strategic UK-Arab partnership, and how to reshape trade relations between both sides in light of technological change and climate change.

As for the Qatar-UK relations, he said that both nations enjoy close and extensive relations that cover all fields, affirming that the UK is an important trade and investment partner to Qatar.

Qatar Chamber Chairman praised the important role performed by the ABCC in promoting trade and investment between Arab countries and the UK, and the role of its executive body headed by the Secretary-General, Bandar Ali Reda, in activating the Chamber's activity,

He also said that there is a plenty of available investment and commercial opportunities between the two sides, affirming that the ABCC strives to develop them through developing commercial services that play a key role in building trade relations and strengthening cooperation between both sides.

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