Qatar sets excellent incentives for robust businesses in Canada
The Peninsula
Doha, Qatar: Qatar forges potent pathways for enterprises reinforcing trade and investment partnerships in Canada, said an official. In an intervie...
Doha, Qatar: Qatar forges potent pathways for enterprises reinforcing trade and investment partnerships in Canada, said an official.
In an interview with The Peninsula, Yasser Dhouib, Executive Director of The Canadian-Qatari Business Forum (CQBF) said: “There is a tremendous opportunity for the business communities in both countries to strengthen business ties for mutual benefit.”
Yesterday, Amir H H Sheikh Tamim bin Hamad Al Thani met with the Prime Minister of Canada, H E Justin Trudeau in Ottawa. Among the other key issues discussed, they explored strengthening bilateral ties across various realms such as investments, economy, and international cooperation.
Dhouib noted that “It is clear that Qatar has put in place some excellent incentives for international businesses to establish a presence. Most Canadian companies are unfamiliar with what Qatar is offering to encourage them to establish a presence in Qatar. There seems to be genuine interest in the SME community in Canada to consider Qatar.”
According to the government of Canada, in 2023, Qatar was the North American country’s fourth largest merchandise trade partner in the GCC and ninth most significant partner in the MENA region with a bilateral merchandise trade total valued at $427m (QR1.5bn).
