Doha: The Qatar Chamber discussed ways to enhance economic cooperation between the State of Qatar and the Hong Kong Special Administrative Region of the People's Republic of China, focusing on the significant role of the private sector in boosting trade and investment exchange.

According to Qatar News Agency, this was the focal point of a meeting between Mohammed bin Ahmed bin Twar Al Kuwari, First Vice Chairman of the Qatar Chamber, and Simon Chan, Director-General of the Hong Kong Economic and Trade Office for the GCC Region. During the meeting, Al Kuwari emphasized the interest of the Qatari business community in exploring investment opportunities in Hong Kong, particularly in the technology and innovation sectors. He expressed optimism that upcoming periods would see the formation of alliances and partnerships between companies from both regions, acknowledging the broad prospects for cooperation and the promising potential both markets offer.

Al Kuwari further emphasized the chamber's commitment to facilitating collaboration between Qatari and Hong Kong enterprises, indicating its readiness to support Hong Kong investors interested in the Qatari market. He highlighted the trade volume between Qatar and Hong Kong, noting it reached QR 2.5 billion in 2024, up from QR 1.4 billion in 2023, marking a growth of 79 percent.

Simon Chan, representing the Hong Kong Economic and Trade Office for the GCC Region, confirmed Hong Kong's desire to bolster trade relations with Qatar. He noted the enthusiasm of Hong Kong companies to expand their presence in the Qatari market and provided insights into the business environment in Hong Kong, pointing out numerous opportunities for cooperation between the private sectors of both regions.