Qatar Chamber (QC) held discussions with the Hong Kong Economic and Trade Office for the GCC Region to explore opportunities for strengthening trade and economic cooperation between Qatar and Hong Kong.
Mohamed bin Ahmed bin Twar Al Kuwari, First Vice Chairman of the Qatar Chamber, met Simon Chan, Director-General of the Hong Kong Economic and Trade Office for the GCC Region at the Chamber’s headquarters.
The meeting reviewed ways to boost cooperation between Qatar and Hong Kong of the People’s Republic of China, as well as the vital role of the private sector in enhancing bilateral trade and investment exchange.
In his remarks, Twar Al Kuwari affirmed the Qatari business community’s interest in exploring investment opportunities in Hong Kong, particularly in the technology and innovation sectors.
The Qatar Chamber First Vice Chairman expressed his hope that the coming period will witness the establishment of alliances and partnerships between companies from both sides, noting the broad prospects for cooperation and the promising potential offered by both markets.
He further underscored the Chamber’s keenness to foster collaboration between Qatari and Hong Kong enterprises, stressing its readiness to support Hong Kong investors seeking to invest in the Qatari market.
He also highlighted that the volume of trade between Qatar and Hong Kong amounted to $685 million (QR2.5 billion) in 2024, compared to $384 million (QR1.4 billion) in 2023, registering a notable growth of 79 percent.
For his part, Simon Chan affirmed Hong Kong’s eagerness to strengthen trade relations with Qatar, noting that Hong Kong companies are keen to expand their presence in the Qatari market.
He also reviewed the business environment in Hong Kong, highlighting the abundance of genuine opportunities for cooperation between the private sectors of both sides.
