Qatar Chamber & Malaysia explores bilateral cooperation in key sectors

By Arya M Nair, Official Reporter
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Qatar Chamber has discussed bilateral cooperation with the Malaysian Minister of Plantation Industries and Commodities at the Chamber’s headquarters.

HE Sheikh Khalifa bin Jassim Al-Thani, Chairman of Qatar Chamber, and Malaysian Minister Ms. Zuraida Kamaruddin explored ways to improve and deepen collaboration between the Qatari and Malaysian private sectors in the commercial and economic fields.

Both parties reviewed the investment climate and opportunities available in both countries in agriculture and food security fields and the possibility to forge partnerships between companies and businessmen from both sides.

Sheikh Khalifa praised the close relations between both countries, affirming that over the recent years they witnessed significant development in all sectors and fields. In 2021, the trade exchange between the countries hit $660 million, compared with $494 million in 2020, showing an increase of 38 percent, adding that Malaysia is one of Qatar’s important trade partners.

The Chamber aims to support the Qatar-Malaysia business council that was established in 2017, assuring its commitment to perform its role in enhancing bilateral ties between both countries’ business sectors.

Sheikh Khalifa also stated that several Malaysian companies operate in Qatar in various sectors and that many Qatari investments are in Malaysia in sectors like tourism, banking, real estate, and industry.

Commenting on the close relation, Ms. Kamaruddin hailed the boom Qatar witnesses in all fields, reviewing the sectors in which both sides can cooperate such as construction, infrastructure, agriculture, halal, and SMEs.

During the meeting, Ms. Kamaruddin invited QC members to participate in the Malaysian International Agri commodity Expo and Summit (MIACES 2022) scheduled to be held from 26-28 July 2022 in Kuala Lumpur. The summit aims to combat the bias against Malaysia’s main commodity, palm oil while increasing the production of key products such as rubber, and timber, as well as the national kenaf sector and cocoa industry.

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