Qatar Chamber Discusses Enhancing Cooperation With China's ICBC

Doha: Qatar Chamber discussed enhancing cooperation with Commercial Bank of China (ICBC), particularly exploring investment opportunities.

This came during the meeting between Acting General Manager of Qatar Chamber Ali Bu Sharabak Al Mansori and Deputy General Manager of the Industrial and Commercial Bank of China (ICBC) in Qatar Guo Hao.

The meeting dealt with prospects for cooperation between the two sides to enhance commercial and economic ties between Qatar and China, particularly in the private sector, in addition to exploring the investment climate and opportunities available in both countries.

Al Mansori praised the cooperative relations between Qatar and China in various fields, especially in trade and economy, noting that China is one of Qatar's largest trading partners. He also highlighted the strong ties between the Qatari and Chinese private sectors.

He affirmed that Qatar Chamber supports the establishment of genuine and solid partnerships between Qatari and Chinese companies. He invited Chinese firms to invest in Qatar, particularly in the industrial sector, and to benefit from the attractive investment climate, the advantages offered to foreign investors, the abundance of investment opportunities, and the country's advanced infrastructure.

For his part, Guo Hao said that the Industrial and Commercial Bank of China, is the leading member of the Chinese Business Council in Qatar and is keen to strengthen cooperation with Qatar Chamber to advance trade and economic relations between the two countries.

He pointed out that ICBC Doha, in cooperation with the Chinese Business Council, is working to attract Chinese investments to Qatar and promote the country as a regional business hub in the region, highlighting Qatar's attractive and investor-friendly environment.

Guo Hao also invited Qatar Chamber to participate in renowned and high-profile expos in China, and to encourage Qatari companies to showcase their products at these events, which would help increase the presence of Qatari products in the Chinese market.

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