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U.S. and Qatar to improve business ties

Staff writer |
United States is committed to further strengthening bilateral commercial relationship with Qatar, said Charles Rivkin, Assistant Secretary of State for Economic and Business Affairs while speaking to at the American Chamber of Commerce in Qatar’s (AmCham Qatar).

Mr. Rivkin highlighted the importance of embassies and consulates in promoting business and economic opportunities for US companies abroad. "Qatar remains one of the world’s fastest growing economies in the world and we are committed to further strengthening our bilateral commercial relationship and to supporting business and innovation."

The event, hosted by AmCham Qatar, provided an opportunity for the Assistant Secretary to hear about the opportunities and challenges of working in Qatar firsthand from representatives of American companies and to exchange ideas on how to strengthen the burgeoning US-Qatar bilateral trade relationship.

US-Qatar total bilateral trade in goods reached $6.3bn in 2013, an increase of over $1bn compared to 2012 and $6.7bn greater than bilateral trade in 2000. Additionally, goods and services from the US now account for nearly 20 percent of Qatar’s imports worldwide, making it Qatar’s number one import trading partner.

Previously, AmCham Qatar hosted US Secretary of Commerce Penny Pritzker at a special edition of its Distinguished Speaker Series, held in partnership with the National US-Arab Chamber of Commerce.

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