Qatar – Australia Economic Collaboration Remains Strong
Doha Bank hosted a virtual Customer session on the topic ‘Bilateral and Synergistic Opportunities between Qatar and Australia ‘on 8th September 2021.Mr. Hilton Wood, Chief Representative, Doha Bank Representative Office gave the Welcome and Introductory Note.
H.E Mr. Jonathan Muir, Ambassador, Australian Embassy, Qatar said that ‘Qatar remains Australia’s second largest trading partner in MENA with bi-lateral trade reaching AUD 2.08 billion (2019‒20). While low energy prices and the pandemic were disruptive, its macroeconomic resilience meant Qatar weathered 2020 better than most. All three ratings agencies have reaffirmed Qatar’s investment grade status, citing strong projected revenues and large foreign currency reserves. Qatar Airways’ aggressive crisis strategy has seen it take a greater share of both the passenger and cargo market globally. Main economic and…