During a speech delivered at the opening of the meeting of the Qatari-Saudi Joint Business Council, which was held at the headquarters of the Qatar Chamber of Commerce, the President of Qatar Chamber, Sheikh Khalifa bin Jassim Al Thani, stressed that "The strength and durability of the relations between Qatar and Saudi Arabia, as this is reflected in the economic and trade relations, in light of the common desire of the business sectors to enter into alliances and partnerships that raise the rate of trade exchange between them."
He pointed out "there is a common desire to return the levels of trade exchange to its previous levels, as the volume of trade exchange, which last year amounted to about 674 million Qatari riyals, does not reflect the level of ambitions on both sides." Indicating "the Joint Business Council will have an important role in achieving these ambitions, organizing the common interests of the private sector, supporting joint investment, coordination and consultation to improve the business environment and overcome obstacles and challenges that may face investors."
In turn, the head of the Saudi side in the Joint Business Council, Hamad bin Ali Al-Showair, praised the depth of relations between the two countries and the common desire to enhance and expand cooperation and benefit from the economic transformation in order to create partnerships and trade alliances and enhance economic integration among businessmen. He pointed out that "the commercial exchange in the first half of this year amounted to nearly 800 million riyals, a figure that must be increased to the usual levels."
Source (Al-Araby Al-Jadeed Newspaper, Edited)