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Qatar-Australia economic partnership has a bright future: Australian official

Qatar-Australia economic partnership has a bright future: Australian official

Tribune News Network
Doha
Ian Halliday, Australia’s Senior Trade Commissioner and General Manager for Middle East and Africa, concluded a three-day visit to Qatar, affirming the strength of the Qatar-Australia economic relationship.
Australian Ambassador to Qatar HE Jonathan Muir said, “The more Australian companies come to Qatar, the more I find it a compelling proposition to invest in and doing business here over the long term.”
“It is a little known fact that Qatar has emerged as Australia’s second largest two-way trade partner in the Middle East and North Africa (MENA) region, and our third largest export destination. Australia has also become Qatar’s 12th largest trading partner,” ambassador Muir added.
Halliday remarked, “After my visit, I am very optimistic of the future of the economic relationship between the two countries. There are plenty of opportunities for growth and diversification of trade and investment in both directions, such as in food and agribusiness, health and infrastructure, to name a few.”
“Australia is also a great place to consider investing in, as it has reliable policy frameworks, common law and strong institutions. Our economy has experienced nearly 30 years of uninterrupted growth and is projected to grow 2.7 percent annually over the medium term,” added Halliday.
During his visit, Halliday met senior business leaders across state-owned and private sector institutions, including the Qatar Businessmen’s Association, Qatar Chamber of Commerce, Qatar Free Zones Authority, Qatar Financial Centre and Qatar Investment Authority.

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