FINANCIAL NEWS

Qatar to enhance ties with S. Africa

13 Apr 2017

(MENAFN) Qatar Minister of Economy and Commerce has reaffirmed the importance of bolstering investment relations between Qatar and South Africa.

Accordingly, the two nations have great potential to enhance co-op in many fields, emphasizing that the value of Qatar’s exports to S. Africa reached USD390mn in 2016.

Recently, the levels of trade do not reflect the real potential for co-op between both sides, especially as Qatar’s share of S. Africa”s total exports is only 1 percent.

Qatar has many mega projects in many fields, involving schools and hospitals in the education and health sectors, new parks and resorts, elect and water projects.

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MENAFN1304201700450000ID1095390160

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