Qatar Chamber and ICBC Strengthen Investment Ties with China

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Qatar Chamber Discusses Enhancing Cooperation with China's ICBC
Image Source: Gulf Times QATAR/he image is used for illustration only. If you own the rights and want credit or removal, please contact us.

In a significant step to boost Qatar-China economic relations, the Qatar Chamber recently met with the Industrial and Commercial Bank of China (ICBC) to explore new investment opportunities and deepen bilateral cooperation.

Ali Bu Sharabak Al Mansori, Acting General Manager of Qatar Chamber, held talks with Guo Hao, Deputy General Manager of ICBC in Qatar. The meeting focused on promoting stronger economic and commercial ties, particularly in the private sector.

Strengthening a Strategic Economic Relationship

Al Mansori reaffirmed the strong and growing relationship between Qatar and China. He noted that China stands as one of Qatar’s largest trading partners and emphasized the important role of private sector collaboration in driving this partnership forward.

He invited Chinese companies, especially those in the industrial sector, to invest in Qatar. He also highlighted the country’s favorable investment climate, advanced infrastructure, and the wide range of incentives available to foreign investors.

“Qatar Chamber is committed to supporting partnerships between Qatari and Chinese businesses,” Al Mansori said. “We encourage Chinese investors to explore the promising opportunities Qatar has to offer.”

ICBC Promotes Qatar as a Business Gateway

Speaking on behalf of ICBC, Guo Hao expressed the bank’s strong commitment to enhancing economic collaboration with Qatar. He highlighted ICBC’s leadership in the Chinese Business Council in Qatar and its role in attracting Chinese investments to the country.

Guo praised Qatar’s investor-friendly environment and strategic location. He noted that ICBC, in coordination with the Chinese Business Council, aims to position Qatar as a gateway to regional markets.

He also encouraged Qatar Chamber to participate in major trade expos in China. These events, he said, provide an excellent platform for Qatari companies to showcase their products and strengthen their presence in the Chinese market.

A Vision for Shared Growth

This meeting signals a shared vision between Qatar and China to expand trade and investment. It reflects both countries’ commitment to long-term partnerships that support economic growth, innovation, and private sector development.

Qatar Chamber continues to play a vital role in facilitating international business relationships. By working closely with global financial institutions like ICBC, it reinforces Qatar’s position as a leading destination for investment and trade in the region.

Source: QNA

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  • Owais Qarni

    Owais Qarni is the cofounder and author at Qatariscoop. A Dreamer, Explorer And Optimist! His work focuses on creating informative and engaging content, offering fresh perspectives on topics relevant to both local and global audiences.

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