Istanbul — The Qatar-Turkey Joint Economic and Trade Commission (JETCO) will be a valuable addition to the cooperation process between both countries, said Chairman of the Qatar Chamber Sheikh Khalifa bin Jassim bin Mohamed Al-Thani.
He asserted that it would play a major role in enhancing cooperation between the Qatari and Turkish private sectors, advancing intra-regional trade, and exchanging investments in both countries.
This was revealed at the commission’s first meeting, held in Istanbul. The meeting was presided over by Minister of Commerce and Industry Sheikh Mohammed bin Hamad bin Qassim Al-Thani and Minister of Trade of the Republic of Turkey Dr. Omer Bolat.
Speaking at the meeting, Sheikh Khalifa reviewed the outcomes of the Qatar-Turkey Business Forum, held prior to the Commission’s meeting with broad participation from representatives of Qatari and Turkish companies.
He said the forum was a great success, noting it addressed cooperation and partnership prospects between the Qatari and Turkish private sectors. It focused on enhancing joint cooperation and exploring available opportunities for cooperation between business sectors on both sides.
The event also featured constructive discussions and bilateral meetings among Qatari and Turkish business owners and investors.
Furthermore, Sheikh Khalifa met with the President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), Rifat Hisarciklioglu.
QC board members Mohamed bin Ahmed Al Obaidli and Abdulla bin Mohamed Al Emadi also attended the meeting.
The meeting reviewed cooperation relations between both parties, discussed ways to enhance cooperation between the Qatari and Turkish private sectors, and aimed to encourage business owners from both countries to establish more commercial alliances and joint ventures.
Sheikh Khalifa emphasized the importance of holding meetings and mutual visits, noting this would bolster cooperation between both parties, thereby developing the trade volume and mutual investments of the two countries. He also stressed that the Qatar Chamber and the Union of Chambers and Commodity Exchanges of Turkey enjoy distinct relations.
On his part, the President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), Rifat Hisarciklioglu, praised the distinguished relations between both sides, noting that this distinction of relations stems from the strong ties between both countries.
He emphasized the common desire of both parties to develop cooperation between Qatari and Turkish business sectors and enhance bilateral relations to higher levels.
On the sidelines of the Qatar-Turkey Business Forum, numerous bilateral meetings were held between Qatari and Turkish businessmen.
Sheikh Khalifa praised the active participation of Qatari businessmen in the forum and bilateral meetings, emphasizing their interest in developing cooperation with their Turkish counterparts.
Bilateral meetings touched on the possibility of establishing commercial alliances and joint ventures between both sides. Moreover, they explored an initial agreement to establish joint projects in Qatar and Turkey and increase the trade exchange between both sides.
On the sidelines of the Qatar-Turkey Business Forum, Qatari and Turkish business leaders held a series of bilateral meetings to discuss potential partnerships and joint ventures.
The business leaders discussed several preliminary agreements for joint projects in Qatar and Turkey. They also explored ways to increase trade between the two countries.
Several Qatari businessmen highlighted the strong desire on both sides to strengthen cooperation and boost bilateral trade.
They emphasized the importance of promoting trade cooperation, establishing joint ventures in both Qatar and Turkey, and increasing exports and imports to enhance trade between the two countries. (QNA)