Doha, March 19 (QNA) - The Qatari Businessmen Association (QBA) affirmed that the State of Qatar has enforced all necessary measures and effective initiatives to maintain economic stability and ensure business continuity.

This was stated during a meeting of QBA with several heads of foreign chambers of commerce operating in Qatar and joint business councils with cooperation agreements with the Association, with several affiliated companies in attendance.

The meeting came within the framework of QBA's commitment to cooperating with Qatar's private sector and the business community in the country.

The meeting was chaired by HE Vice Chairman of the QBA, Sheikh Dr. Khalid bin Thani Al-Thani, with representatives from France, Spain, the United Kingdom, Germany, Switzerland, Turkiye, South Korea, Malaysia, the Netherlands, and Ukraine in attendance.

During the meeting, the QBA Vice Chairman noted that the State continues to reinforce its position as one of the most stable and attractive economic environments for investment in the region. He stressed that the country's strong economic fundamentals and institutional stability provide a secure environment for both local and international investors, despite prevailing conditions.

He added that private sector companies represent a key pillar of the national economy, benefiting from a business environment characterized by transparency, regulatory stability, and advanced infrastructure.

The coordination meeting also discussed ways to enhance economic cooperation and expand partnerships between the local private sector and foreign companies in a manner that supports sustainable growth and strengthens confidence in the Qatari market.

  Several heads of chambers of commerce in Qatar confirmed that the Qatari economy enjoys a high degree of resilience and adaptability to global developments, supported by strong financial reserves, high credit ratings, and an advanced logistics system that ensures the uninterrupted flow of goods and services and the continuity of supply chains.

Representatives of the business councils noted that Qatar remains a preferred investment destination for them, emphasizing that their affiliated companies continue operations on a daily basis without disruption.

The chambers of commerce expressed their appreciation to the QBA for its engagement and communication aimed at unifying both the foreign and local private sector in a way that serves shared interests and supports development in Qatar.

The participants agreed to develop a joint action plan for sustained cooperation with chambers of commerce and business councils through workshops, including organizing regular sessions and specialized joint economic forums with foreign chambers and their affiliated companies.

This aims to develop partnership opportunities between Qatari and foreign firms, build long-term economic relationships, support market stability, and enhance confidence in the business environment.

Both QBA and the international chambers of commerce in Qatar affirmed that this step represents a practical platform for integrating the local and foreign private sectors and contributes to reinforcing Qatar's position as a regional hub for business and investment.

The two parties also emphasized that the Qatari private sector, in coordination with its international partners, continues to play its role in supporting market stability and ensuring the continuity of economic activity, reflecting the strength of the partnership between the different components of the national economy. (QNA)