Qatar Businessmen Association (QBA) yesterday discussed prospects of mutual co-operation with a United Kingdom delegation currently visiting Doha. The UK delegation is being led by Secretary of State for Wales, Alun Cairns.
During the meeting, the two sides discussed chances of forging bilateral partnerships in a number of fields, including management of events and facilities as well as partnerships in the services sector. They also discussed means of benefiting from British expertise in a number of fields in light of Doha’s preparations to host the 2022 World Cup.
Cairns reiterated the UK’s commitment to offer more support for Qatar and to work closely with the Qatari private sector to develop economic co-operation between the two countries. For his part, QBA Vice-Chairman Hussain al-Fardan reaffirmed the need to continue to monitor the progress of the existing economic ties between the Qatari private sector and entities in the United Kingdom, calling for more bilateral partnerships so as to benefit both parties.
The trade volume between Qatar and the UK amounts to more than £5bn annually and it saw a surge after the business and investment forum that was jointly organised in March. Qatar covers nearly 25% of the UK current needs of natural gas through South Hook LNG plant in western Wales.