Tribune News Network
Doha
Australia’s annual two-way goods and services trade with Qatar reached a new all-time high of QR5.8 billion, according to the Australian Bureau of Statistics.
Two-way trade grew 28 percent year-on-year and has increased four-fold over the past decade, according to a statement issued by the Australian Embassy in Qatar.
Qatar has consolidated its place as Australia’s second largest trading partner in the Middle East and North Africa (MENA) region.
Qatar’s services exports to Australia also grew strongly at 28 percent year-on-year to QR1.93 billion, the statement added.
"These numbers are a sign the economic relationship is in good shape and that Australian companies remain strongly engaged in Qatar,” Australian Ambassador to Qatar HE Jonathan Muir said.
"The fact that trade was evenly balanced indicates strong complementarities between our economies and that the relationship delivers economic benefit to both countries,” the envoy added.
Doha
Australia’s annual two-way goods and services trade with Qatar reached a new all-time high of QR5.8 billion, according to the Australian Bureau of Statistics.
Two-way trade grew 28 percent year-on-year and has increased four-fold over the past decade, according to a statement issued by the Australian Embassy in Qatar.
Qatar has consolidated its place as Australia’s second largest trading partner in the Middle East and North Africa (MENA) region.
Qatar’s services exports to Australia also grew strongly at 28 percent year-on-year to QR1.93 billion, the statement added.
"These numbers are a sign the economic relationship is in good shape and that Australian companies remain strongly engaged in Qatar,” Australian Ambassador to Qatar HE Jonathan Muir said.
"The fact that trade was evenly balanced indicates strong complementarities between our economies and that the relationship delivers economic benefit to both countries,” the envoy added.