Qatar Chamber Discusses Trade Cooperation With South Africa

The Qatar Chamber (QC) held a meeting on Tuesday with a business delegation from the Republic of South Africa, headed by Director of Export Promotion at the Ministry of Trade, Industry and Competition Zanelli Sani.

The Qatari side was led by QC Board Member Mohamed bin Ahmed Al Obaidli, with the participation of a distinguished group of Qatari business community, company representatives, and their South African counterparts.

The meeting reviewed trade and economic relations between Qatar and South Africa and ways to strengthen them.

 It also reviewed the investment climate and opportunities available across various sectors in both countries, and the key incentives and facilities provided by each side to stimulate foreign investment.

In his remarks, Al Obaidli said the meeting reflects the two countries' keenness to enhance cooperation and build genuine partnerships between their private sectors.

 He noted that bilateral relations have witnessed remarkable growth in recent years, highlighting that South Africa is an important trading partner for Qatar, with the volume of trade exchange reaching about QR 630 million last year.

He also reaffirmed the Chamber's commitment to providing all necessary support and facilities to strengthen partnerships between the Qatari and South African business communities.

For her part, Zanelli Sani thanked the Qatar Chamber for its commitment to hosting this important meeting between business leaders from both sides.

 She stressed that the gathering represents a valuable opportunity to review the investment climate in both countries and to discuss prospects for cooperation and partnership between the Qatari and South African private sectors.

She also noted that South Africa shares with Qatar a common vision for economic diversification.

She pointed out that the delegation includes several leading companies in the medical equipment and agricultural products sectors, highlighting the wide scope for cooperation between companies from both countries in these and other industries.

During the meeting, the delegation delivered presentations on investment opportunities in South Africa, offering a brief overview of the national economy, the key incentives available to foreign investors, and the most promising opportunities in sectors such as mining, electric vehicles, batteries, energy, gas, manufacturing, technology, and innovation.