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News

Qatar and UK Welcome Growing Investment and Trade Links

Qatar and the United Kingdom recently concluded the second Strategic Dialogue under the ‘Partners for the Future’ theme in Doha. Building on the “Future Framework” initiative announced in December 2024, the Ministerial discourse reaffirmed the shared ambition to strengthen the Qatar-UK partnership.

Discussions Explore Areas Of Further Collaboration and Investment

Notably, both countries share an existing trade and investment partnership, with total trade worth over QAR 27.2 billion (GBP 5.6 billion) in 2024. Further discussion examined ways to continue supporting Qatar’s National Vision 2030 and the UK Government’s Plan for Change. Accordingly, efforts are focusing on security and defence, investment, technology, climate change, regional security and the promotion of peace. Ministers welcomed the increase of investment flows between the two countries following the Qatar Investment Authority’s Strategic Investment Partnership, announced in 2022. Qatar remains a pivotal investor in the UK in dynamic partnership with leading British companies and industries. Demonstrating Qatar`scommitment, a partnership with Rolls Royce was announced to develop and enhance emerging clean energy technology.

Qatar and The UK To Build on Existing Private Sector Ties

Historically, Qatar and British private sectors have enjoyed strong links, thereby significantly contributing to sustaining and growing investment and trade. Further benefits of existing collaboration are witnessed in the financial services sector and in areas of economic cooperation. Both countries will continue to seek opportunities to co-invest and support development in third countries with the aim of building strong and sustainable economic partnerships.

Joint Economic and Trade Committee To Focus on Priority Sectors

Focusing on capital markets, sustainable finance and fintech, the Ministers also welcomed further opportunities for collaboration on investment and trade. As a result, the upcoming Joint Economic and Trade Committee (JETCO) will feature discussion on a range of priority sectors. Namely, education, creative industries, healthcare and pharmaceuticals, technology and artificial intelligence. Moreover, building on their commitment to deepen military cooperation, both countries will enhance strong defence, security and counter-terrorism collaboration. Furthermore, both countries pledged to deepen law enforcement collaboration in counter-terrorism, organised crime, economic crime, irregular migration, cybercrime and drug control.

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