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FinancialNews


  • 21-04-19

    Trade between Qatar, Canada hits 42 percent boost

    (MENAFN) Qatar registered a significant 42 percent surge in its bilateral trade volume with Canada in 2018, as the two countries been working on strengthening their cooperation for a while.

    Last year, Qatar and Canada stood at USD247 million in their bilateral trade to achieve a double-digit boost, from the USD174 million seen a year earlier.

    Canadian Ambassador to Qatar Stefanie McCollum affirmed "we are pleased to announce that we saw an increase in bilateral trade between our two countries. And I hope that 2019 and the coming years witness further growth."

    "I see big opportunities for Canadians and Canadian companies to continue to contribute to the Qatari economy and also for Qatari investment as they are looking for diversification. So I see great scope of growth in bilateral cooperation as both sides enjoy very strong relationship, and we will continue to build on that," McCollum added.

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