Qatar Chamber Reviews Commercial Relations with Lebanon

Doha, March 15 (QNA) – Qatar Chamber hosted a delegation from the Republic of Lebanon including General Director of the Ministry of Agriculture Eng. Louis Lahoud and General Director of the Ministry of Economy and Trade Dr. Mohamed Abou Haidar in the attendance of QC board member Mohamed bin Ahmed Al Obaidli.

The meeting deliberated upon aspects of commercial and economic cooperation and strengthening relations between the private sector on both sides.

Speaking at the meeting, Mohamed Al Obaidli underscored the distinguished relations between the two brotherly countries, especially in the economic and commercial fields.

He asserted the Chamber’s keenness to develop relations between Qatari businessmen and their Lebanese counterparts, noting that Qatar can be a regional trading hub due to the investment incentives it offers to the foreign investor and its advanced infrastructure, as well as the leading economic legislation.

For his part, Eng. Louis Lahoud said that Lebanon and Qatar are bound by significant cooperation in all fields and historic relations, praising the support Qatar offers to Lebanon during the crisis it faces.

Lahoud noted that Lebanon is keen to increase its exports to Qatar and increase the trade exchange between them, stressing the close positive cooperation between the chambers of commerce of both countries.

Dr. Mohamed Abou Haidar, General Director of the Ministry of Economy and Trade, said that the economy in Lebanon is focusing on the productive sectors, such as industry, agriculture, and knowledge-based economy, affirming the role that can be played by the chambers of commerce in developing the commercial and investment exchange between Lebanese and Qatari businessmen.

Abou Haidar indicated that Lebanon’s exports to Qatar witnessed a significant increase within the past two years, calling on Qatari investors to invest in Lebanon in all economic sectors.

He noted that the delegation’s visit to Qatar was part of Lebanon’s participation in the 10th Qatar International Agricultural Exhibition (AgriteQ), expressing his hope that the exhibition would see tangible results and successful bilateral meetings between businessmen and companies on both sides.

He also said that Lebanon will participate in Qatar Expo this year, noting that it provides a great opportunity for Lebanon to reach new markets, especially in terms of sustainability, innovation, and technology, to which the State of Qatar is clearly attaching special importance.

(QNA)