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          Qatar and Sweden witnessed a remarkable surge of 79% in 2023

          Team QT by Team QT
          May 31, 2024
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          • Qatar and Sweden experienced a remarkable 79% surge in trade volume in 2023, signalling significant bilateral economic growth.
          • A high-profile meeting at the SANAD Private Members Club in Doha convened Qatari and Swedish business delegates to explore avenues for cooperation.
          • Sheikh Khalifa emphasized Qatar’s appeal as a premier global investment destination, offering top-notch infrastructure and investor-friendly policies.
          • Both sides expressed eagerness to form new alliances and joint ventures, with existing Swedish companies in Qatar highlighting the market’s receptiveness.
          • Ambassador Gautam Bhattacharyya affirmed the strong bilateral bonds, expressing optimism that the meeting would further strengthen economic and commercial ties for mutual prosperity.

          In 2023, Qatar and Sweden experienced a remarkable surge in their trade volume, which increased by 79%. This surge marked a significant stride forward for bilateral trade between the two nations.

          The Qatar Chamber convened a high-profile meeting yesterday, welcoming a distinguished business delegation from Sweden.

          It was Led by Sheikh Khalifa bin Jassim Al Thani and the Qatari side engaged in discussions with Håkan Buskhe, CEO of FAM AB Company, who headed the Swedish delegation.

          The meeting was held at the SANAD Private Members Club in Msheireb Downtown Doha, and witnessed the presence of esteemed officials including the Ambassador of Sweden to Qatar, H E Gautam Bhattacharyya, alongside board members of the Qatar Chamber and numerous business owners from both nations.

          Throughout the gathering, the emphasis was on exploring avenues to bolster cooperation across various sectors such as foodstuffs, agriculture, energy, IT, and moving floors.

          Sheikh Khalifa bin Jassim Al Thani lauded the flourishing relations between Qatar and Sweden, underscoring the substantial increase in trade volume from QR866m in 2022 to QR1.55bn in the preceding year.

          He invited Swedish companies to invest in Qatar. He highlighted that Qatar is a premier global investment destination with top-notch infrastructure. Qatar has investor-friendly policies that allow 100% foreign ownership in most economic sectors.

          Sheikh Khalifa urged Swedish companies to consider Qatar for investment. He cited Qatar’s welcoming environment for foreign businesses. He mentioned the presence of several Swedish companies in Qatar, either as sole entities or through partnerships with Qatari firms. He stressed that the market is receptive to more collaborations.

          He emphasized that Qatari business owners are eager to foster new alliances and joint ventures with their Swedish counterparts.

          Håkan Buskhe agreed with Sheikh Khalifa. He commended the robust trade relations between Sweden and Qatar.

          He explained that the delegation aims to understand Qatar’s investment climate and explore various opportunities for private sector collaboration.

          Buskhe emphasized that Swedish companies are very interested in forming strategic partnerships with Qatari businesses and see the Qatari market as very important.

          Ambassador Gautam Bhattacharyya highlighted the strong relationship between the two nations and expressed hope that the meeting will enhance economic and commercial ties.

          His remarks emphasized cooperation and mutual benefit, showing the shared commitment to strengthening bilateral relations for the prosperity of both Qatar and Sweden.

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          Team QT

          Team QT is the collective voice behind QatarsTalk, bringing you the latest and most insightful content from Qatar. Comprised of dedicated writers, researchers, and journalists, Team QT focuses on delivering high-quality articles on a wide range of topics, including local news, business trends, cultural highlights, and personal stories. Their mission is to inspire, connect, and influence the community by sharing diverse narratives and valuable insights about life in Qatar. With a passion for storytelling, Team QT ensures that every piece resonates with the readers.

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