Qatar has trade agreements (as a GCC Member) with China, South Korea, Australia, the EFTA, New Zealand, India, Thailand, the EU, Singapore and the MERCOSUR
Qatar is the international financial centre of the Gulf region
In 2001, Doha hosted the first ministerial-level meeting of the Doha Round of the WTO
Al- Jazeera (the leading international Arab media communication) headquarters are in Doha
Qatar is a very open economy
Petroleum, natural gas, and related industries make up most of the Qatari economy
Qatar produces less than 1% of the world petroleum production
Crude oil and liquefied natural gas account for 80% of the exports of Qatar
Qatar, like other countries in the Gulf region, is being affected by the international financial and economic crisis, including by the decline in international demand for hydrocarbons, both in quantity and value
International Trade of Qatar
Total Foreign Trade (imports + exports)
related to its GDP stands at 95%
Main imports of Qatar: the EU, Japan, the U.S.,
Saudi Arabia, and South Korea
Qatar Exports mainly to Japan, South Korea, Singapore, and the EU
The largest Qatari export products are hydrocarbons (petrol and gas), fertilizers and chemicals, and steel products
The largest Qatari imports are machinery, primary metals, cars and other means of transport, food, chemicals, and building materials
In the States of Qatar is required to work with a Qatari
import
agent/distributor (natural or legal person) who has the exclusive distribution rights for Qatar
Qatar is negotiating other Free Trade Agreements with the United
States, Japan, and Australia. Qatar also has signed economic agreements with France, Germany, Romania, China, Senegal, India, Cuba, Switzerland, Finland, and Turkey.