Qatar-Mexican Business Forum explores ways to boost trade & investment ties

By Shilpa Annie Joseph, Official Reporter
  • Follow author on
Representational Image

Qatar Chamber’s First Vice Chairman Mr. Mohamed bin Ahmed bin Twar Al Kuwari has stated that Qatar and Mexico have fast-developing relations, noting that their trade exchange for the first half of this year was $111 million, up 17 percent from the same period last year.

This statement was made during the Qatar-Mexican Business Forum held at the Chamber’s headquarters in the presence of HE Graciela Gomez Garcia, Ambassador of Mexico to Qatar, and Eng. Ruben Masayi Gonzalez, coordinator of the Council of Industrial Chambers of Jalisco State (CCIJ).

During the meeting, both parties explored ways of improving cooperation between Qatari and Mexican firms, as well as examined the investment opportunities available in both countries.

According to the reports, a large number of Qatari company officials and representatives from 33 Mexican enterprises, specializing in food and beverage, oil and gas, jewelry, furniture, and so on, attended the event.

Mr. Al Kuwari said that the energy industry is the most profitable for Qatari investments in Mexico, citing numerous successful investments in this vital sector.

Mohamed bin Ahmed bin Twar Al Kuwari
Mohamed bin Ahmed bin Twar Al Kuwari
First Vice Chairman – Qatar Chamber

“Qatari private sector is looking forward to establishing partnerships with its Mexican counterpart in all sectors, especially in agriculture and food security. There is a mutual interest from both sides to identify the investment opportunities available in both countries and forge joint ventures that benefit their economies. Qatar Chamber highly welcomes the cooperation between companies from both countries, inviting Qatari investors to explore the opportunities galore in Mexico and build economic and commercial alliances whether in Qatar or Mexico. Qatari market is promising and welcomes all foreign investments, especially in the presence of world-class infrastructure, logistic potential, attractive incentives, and legislation.”

For his part, Mr. Gonzalez has remarked that the CCIJ is made up of a group of prominent enterprises in a variety of industries, including industry and electronics, that provide high-quality products that are exported to countries all over the world.

Further, he noted that Mexico offers a plethora of investment opportunities in a variety of industries, including information technology, communication, construction, energy, infrastructure, and others.

Related: UAE’s DMCC explores ways to boost bilateral trade with Colombia