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Tribune News Network
Doha
In its drive to strengthen Qatar's commercial relations with new trading partners across Middle East and North Africa (MENA), Qatar Development Bank (QDB) organised a workshop,"Exporting to Algeria," for local companies, to help them raise their professional abilities to trade with the regional market.
The training was held recently in Doha, in partnership with KPMG, the Qatar-based operation of the global network of professional firms providing audit, tax and advisory services, QDB said in a press release on Tuesday.
Organised by QDB's export arm, Tasdeer, the workshop sought to familiarise Qatari companies with export procedures for Algeria.
A detailed presentation was shared with participating local companies, highlighting some of the most important aspects of the Algerian market, such as market size, average prices, information on market competitiveness and needs, business culture, regulatory standards, export procedures, trade laws, and documentation, the statement said.
The workshop was held against the backdrop of a recent research conducted by QDB on the Algerian market, and aimed at raising awareness of the market.
Commenting on the workshop, Executive Director of Export Development & Promotion, Hassan Khalifa al Mansoori said,"Tasdeer is at the vanguard of leading Qatar's commercial diplomacy initiatives around the world.
"Today's workshop strived to enable our country's businesses to forge stronger links with trading partners in the MENA region, contribute to the independence of our trade economy and, in the long-run, strengthen our national economy's capabilities to be self-sustaining."
He said,"We are grateful to KPMG for their support in organising this workshop. Their team of specialists has greatly helped Qatar's exporters, by sharing their rich expertise and insights involving the regulatory practices involved in trade."
"KPMG's contribution to our exporters' capabilities would prove instrumentally necessary for the forging of successful deals and partnerships with their counterparts in Algeria," he added.
In a series of special matchmaking meetings due to be held on November 7-8, QDB, through its export arm, Tasdeer, aims to connect local exporters with Algerian importers, the statement said.
Earlier this year, Tasdeer similarly participated along with 22 Qatari construction sector companies at the 20th edition of Building & Construction Materials International Exhibition (BATIMATEC) in Algiers.
The event allowed Qatari exporters to network with their counterpart industry professionals, sign deals and form trade partnerships, the statement added.
