Qatar Chamber and Sudanese Chambers Union Explore Investment Opportunities

Qatar Chamber and Sudanese Chambers Union yesterday explore options to expand and enhance co-operation in trade and investment areas, especially through the private sector.

This was the talking point as Sheikh Khalifa bin Jassim bin Mohammed al-Thani, chairman of Qatar Chamber, met with Saud Mamoun al-Barir, president of the Sudanese Chambers Union.

The discussions centred on the relations between the two countries, particularly in the commercial and economic fields, and ways to enhance them.

Both sides emphasised the role of the private sector in developing these ties, and the role of Qatar Chamber and the Sudanese Chambers Union in stimulating trade and investment between the two countries to boost the level of commercial exchange.

The discussions also touched on the investment climate and available opportunities in both Qatar and Sudan, as well as ways to strengthen co-operation between businesspeople from both countries to increase mutual investments and bilateral trade.

Stressing that Qatari businessmen are keen to expand their investments in Sudan; Sheikh Khalifa said "there is potential to increase the volume of trade exchange between the two countries, which at present does not reflect the available capabilities nor meet our aspirations."

The private sector in both countries can play an effective role in significantly increasing trade exchange, according to him.

Expressing admiration for Qatar’s economic progress and urban development; al-Barir affirmed the Sudanese Chambers Union’s keenness to strengthen cooperation with Qatar Chamber and the Qatari private sector to support the development of commercial relations between the two countries.