Business

QC Discusses Strengthening Cooperation with Swedish Industrial Delegation

Doha: Qatar Chamber (QC) discussed trade and industrial cooperation relations with Sweden and ways to strengthen the partnership, especially in the sectors of food, agriculture, energy, information technology, and others.

This came during the meeting of HE QC Chairman Sheikh Khalifa bin Jassim Al-Thani with a delegation of Swedish businesspersons led by CEO of FAM AB Company Hakan Buskhe.

In his remarks, HE Sheikh Khalifa bin Jassim Al-Thani praised the good relations between Qatar and Sweden, noting that trade between them surged by 79 percent, from QR 866 million in 2022 to QR 1.55 billion in 2023.

His Excellency urged Swedish companies to invest in Qatar, highlighting its position as a leading global hub for investment and business. Qatar owns a world-class infrastructure, a pro-investment environment, and stimulating economic legislation that allows non-Qatari investors to own 100 percent capital in most economic sectors.

HE QC Chairman also said that many Swedish companies operate in Qatar, wholly o
wned or in partnership with Qatari firms, pointing out that the Qatari market highly welcomes more Swedish companies. “Qatari business owners are eager to foster cooperation with their Swedish counterparts by establishing new commercial alliances and joint industrial ventures,” he added.

For his part, Hakan Buskhe praised the strong trade ties between Sweden and Qatar. He said the delegation’s visit aims to understand Qatar’s investment environment and explore the vast opportunities for private-sector collaboration.

Buskhe underscored Swedish companies’ keen interest in forging alliances and partnerships with their Qatari counterparts. He emphasized the special importance they attach to the Qatari market.

In turn, HE Ambassador of the Kingdom of Sweden to the State of Qatar Gautam Bhattacharyya paid tribute to the close relations between the two friendly countries, expressing his hope that this meeting would contribute to further economic and commercial cooperation between both sides.

Source: Qatar News
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