Qatar Chamber Chairman Calls for Strengthening Joint Cooperation with Algeria

Algiers, HE Chairman of Qatar Chamber, Sheikh Khalifa bin Jassim Al-Thani, praised the strong fraternal relations between the State of Qatar and the People's Democratic Republic of Algeria, noting the mutual cooperation in various fields, especially in trade and investment, thanks to the wise directives of the leadership in both brotherly countries. This came during HE the Qatar Chamber Chairman's visit to the People's Democratic Republic of Algeria, which included a series of meetings with several Algerian officials. The visit aimed to strengthen commercial and economic relations between the Qatari and Algerian private sectors, with a focus on increasing Qatari industrial investments in Algeria and attracting Algerian investment to Qatar. HE the Qatar Chamber Chairman met with HE Chief of Staff of the People's National Army of Algeria Lt. Gen. Said Chengriha, HE Algerian Minister of Industry and Pharmaceutical Production Ali Aoun, HE Algerian Minister of Trade and Export Promotion Tayeb Zitouni, and HE G overnor of the Bank of Algeria Salah Eddine Taleb. In a separate meeting, HE the QC Chairman and Chief of Staff of the People's National Army discussed means of enhancing cooperation between the private sectors of both countries in the industrial fields. Additionally, HE the QC Chairman and Algerian Minister of Industry and Pharmaceutical Production discussed ways to enhance cooperation and partnership relations between the two brotherly countries, especially in the industrial fields. They also reviewed experiences in the industrial sector in both countries, along with opportunities for cooperation in manufacturing industries, particularly in the food sector and others. The Algerian Minister, in turn, urged Qatari businessmen to invest in industrial projects in Algeria, emphasizing the significance of cooperation between both sides in establishing partnerships that benefit the economies of both brotherly nations. On the other hand, HE the QC Chairman and Algerian Minister of Trade and Export Promotion rev iewed ways to enhance trade cooperation relations between both countries and emphasized the role of the private sector in activating mutual investments and increasing the level of trade exchange. For his part, the QC Chairman and Governor of the Bank of Algeria focused on enhancing cooperation between both countries in the finance, banking, and insurance sectors. On this occasion, HE the QC Chairman praised the close relationship between Qatar and Algeria thanks to the directives of the wise leadership in both fraternal countries, pointing to cooperation in various fields, especially in commercial and investment spheres. He emphasized that Qatari business owners are eager to explore opportunities in Algeria, especially in the industrial sector. He also stressed the Qatar Chamber's keenness on strengthening relations with the Algerian side by forging commercial alliances and partnerships, whether in Qatar or Algeria. He said that the trade volume between both countries amounted to QR 297 million last year, showing a 36 percent growth compared to QR 218 million in 2022. Source: Qatar News Agency