Qatar and Algeria trade doubles in three year, reaches QR297m in 2023

Doha, Qatar: Qatar Algeria Business Meeting reflects the qualitative development in Qatari Algerian relations under the guidance of the leadership of...

Doha, Qatar: Qatar-Algeria Business Meeting reflects the qualitative development in Qatari-Algerian relations under the guidance of the leadership of the two brotherly countries. Algeria looks forward to a solid and fruitful partnership with Qatar, which will lead to an increase in trade, said Minister of Trade and Export Promotion of the Republic of Algeria H E Tayeb Zitouni, yesterday.

The trade exchange between Qatar and Algeria has doubled in three years reaching QR297m last year, compared to QR132m in 2020 which emphasises the private sector’s key role in enhancing trade and economic cooperation between the two countries.

The meeting held on the sidelines of the Algerian Products Exhibition addressed ways to enhance economic and commercial relations between the two fraternal countries, as well as the investment climate and opportunities available on both sides.

It was hosted by Qatar Chamber (QC) in collaboration with the Algerian Chamber of Commerce and attended by H E Mohamed bin Hassan Al Malki, Undersecretary of the Ministry of Commerce and Industry and the Chamber’s delegation was led by Rashid bin Hamad Al Athba, Second Vice Chairman of QC and included board members Dr Mohamed bin Jawhar Al Mohamed and Shaheen Al Mohannadi.