Analysis

U.S. Secretary of Commerce Visits Qatar

On November 12th, 2019, U.S. Secretary of Commerce Wilbur Ross visited Qatar to emphasize the strong bilateral economic ties between the United States and the State of Qatar. “American companies are an exceptional and indispensable asset to Qatar […] and the benefits flow both ways,” said Secretary Ross during his visit.

Over 100 U.S. companies operate and/or have offices in Qatar, and the total trade value between the two countries has surpassed $6 billion in 2018. Most notably, U.S.-Qatar bilateral trade has generated more than 20,000 jobs in the United States alone.

                                                                      Secretary Ross meets with representatives of the American Chamber of Commerce in Qatar

Numerous American companies have partnered with the State of Qatar to assist the country in its preparations for the upcoming 2022 FIFA World Cup, and to achieve its national development objectives as deciphered in Qatar National Vision 2030.

During his visit, Secretary Ross met with the Amir H.H Sheikh Tamim bin Hamad Al Thani, Prime Minister and Interior Minister H.E. Sheikh Abdullah bin Nasser bin Khalifa Al-Thani, Minister of Commerce and Industry H.E. Ali bin Ahmed Al Kuwari, and Minister of State for Energy Affairs and CEO of Qatar Petroleum H.E. Saad Sherida Al Kaabi.

Furthermore, Secretary Ross met with representatives of the U.S Chamber of Commerce in Qatar. On such occasion, Amcham Board of Directors discussed potential commercial and investment opportunities in Qatar.

 

 

 

 

(Image Source: Twitter – @USAmbQatar)

 

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