Qatar Chamber Chairman Praises Strong Qatar-Turkiye Economic Relations

Doha, October 09 (QNA) – HE Chairman of Qatar Chamber (QC) Khalifa bin Jassim Al-Thani hailed the powerful Qatar-Turkiye relations, emphasizing the commitment of both nations’ leadership to further enhance these ties.

During a meeting titled “Business and Investment Opportunities in Turkiye” between QC, the Qatar Businessmen Association (QBA) and Turkish investors, His Excellency added that the volume of trade exchange between the two countries reached QR 4.75 billion in 2023, highlighting the Chambers keenness on fostering cooperation and partnerships between business owners from both sides.
He stressed the interest of Qatari investors in exploring the investment opportunities available in Turkiye.

His Excellency also stressed the QC’s keenness to support and develop means of cooperation and partnership between business owners from both sides, stressing the desire of Qatari businessmen and investors to invest in Turkiye.

His Excellency called on Turkish investors to explore investment opportunities in Qatar in sectors such as energy, tourism, real estate, agriculture, and food, citing Qatar’s attractive investment climate, world-class infrastructure, and progressive legislation.

The meeting was attended by HE Minister of Treasury and Finance of the Republic of Turkiye, Mehmet Simsek, HE QBA Chairman Faisal bin Qassem Al-Thani and HE Ambassador of the Republic of Turkiye in Doha, Dr. Mustafa Goksu.

The Turkish Minister briefed the Qatari side on the most important Turkish laws and legislations that concern Qatari investors. He also discussed the best ways to increase opportunities for economic and trade cooperation and improve investment opportunities between the two countries.

He noted that the inflation in Turkiye is expected to reduce to less than 10%, underscoring that the Central Bank reserves increased by 95%. He expected that the fiscal deficit will decrease within the few coming years.

He indicated that access to global capital markets has improved considerably, pointing out that global ratings agencies such as Moodys and Fitch have upgraded Turkey’s rating. He stressed that Turkiye is currently improving the investment environment to be more attractive to investments.

HE Dr. Mustafa Goksu praised the strong relations between both countries, pointing to the steps adopted by his country to develop and strengthen the investment and business environment.

His Excellency highlighted the interest of both sides to bolster their commercial and economic cooperation and open new channels for partnerships among businessmen from both friendly countries.

Vice President of the Investment Office of the Presidency of the Republic of Turkiye, Furkan Karayaka said that the Turkish economy is on track towards development thanks to the wise leadership and economic reforms that made Turkiye an attractive destination for investment.
He assured that the Investment Office aims to streamline the establishment of Qatari investments in his country. (QNA)