Qatari businessmen keen to strengthen trade ties with Morocco: Kuwari
Event Location
Qatar, Qatar
Start Time
24 December 2022, 12:00 AM
End Time
31 January 2023, 12:00 AM
The Qatari-Moroccan Joint Business Council discussed ways to enhance relations between the private sector in Qatar and Morocco during a meeting held on Wednesday via videoconference.
Qatar Chamber First Vice-chairman Mohamed bin Twar Al Kuwari and Deputy General of the President of the General Confederation of Moroccan Enterprises Mahdi Al Tazi participated in the meeting.
The meeting was also attended by Ismail Al Ansari, vice president of the Qatari side of the Qatari-Moroccan Joint Business Council, and Mohamed Baida, president of the Moroccan side.
In his opening speech at the meeting, Kuwari said that despite the remarkable growth of trade exchange between Qatar and Morocco, which achieved 84 percent in 2021, reaching the level of QR754 million, compared to QR 411 million in the previous year 2020, we still aspire to further growth compared to the capabilities available in both countries.
He stressed the need to activate the role of the joint Qatari-Moroccan Business Council, and to strengthen cooperation between the private sector in the two brotherly countries, in a way that increases economic and commercial cooperation between the two countries and in a manner commensurate with the available capabilities and with the strong fraternal relations that combine Qatar and Morocco.
He pointed out that the Qatari-Moroccan relations are witnessing increasing growth, especially in light of the tendency of the leaderships of the two countries to continue to strengthen them and to ensure their continuous development, as evidenced by the cooperation agreements signed between the two sides and the levels of growth in intra-trade, as well as joint investments.
He said that the role of the private sector in the two countries is complementary to this governmental role, in promoting joint cooperation and building bridges of cooperation between Qatari and Moroccan companies.
He stressed the importance of activating the joint business council through exchanging visits and discussing all issues that contribute to developing cooperation relations between the private sectors in the two countries and encouraging Qatari and Moroccan companies to establish joint alliances, noting that there are dozens of joint Qatari-Moroccan companies that are active in the Qatari market in various sectors such as hospitality, trade, contracting, fashion, beauty, services, and others.
He said that the Qatari market can absorb more alliances and welcomes Moroccan companies wishing to invest in Qatar.
Qatari-Moroccan Joint Business Council