12 to the similarities between the two countries and our respective strong economies, we boosted our cooperation and mutual investments during this decade, especially in the field of finance. The two count r ies have s igned 10 agreements, 9 of them aiming to promote economic and financial cooperation. Regarding trade, the exchange between the State of Qatar and the Grand Duchy of Luxembourg witnessed a remarkable increase until 2018, when Luxembourgish exports amounted to nearly US$20 million. In 2021 Luxembourg imports from Qatar was US$37.82 thousand and Luxembourg exports to Qatar was US$9.87 million, the imported and exported goods are quite similar, indeed the major products that Luxembourg exports to the State of Qatar are machinery and mechanical devices, electrical equipment and related devices; chemical products, base metals and related materials and plastics. From its side, Luxembourg imports mainly from Qatar base metals, machinery and mechanical devices, electrical equipment and related devices. Our country is ready to open up more in the manufacturing sector and to consolidate its cooperation with Luxembourgian companies and financial services, especially since Doha offers important tax incentives, i.e. tax exemption for foreign activities. The State of Qatar has been seeking and working to diversify its economy to be less dependent on oil and gas resources, which offers Luxembourg businesses further opportunities to explore new sectors and extend their experience and knowhow to the Qatari growing market, the country’s resources, and benefits from its fiscal environment, its flourishing market and regional position. From our side, we are looking forward to boost again this cooperation by repeating the successful experience ofMay 2016, where the embassy worked on the Qatar-Luxembourg Economic Forum that attracted a large number of businessmen and companies. This event was organized at this occasion of the visit of His Excellency Sheikh Ahmed bin JassimAl Thani, Minister of Economy and Trade at that time, to the Grand Duchy of Luxembourg at the head of an economic and trade mission. It was the first visit of its kind for a Qatari delegation consisting of about 40 officials and businessmen to Luxembourg, the first but not the last one! Interview of H.E. Mr. KHALID FAHAD A.A. AL-HAJRI conducted by Ms. SONIA DEVERGNIES - Head of communication and Project Manager, Arab-Belgian-Luxembourg Chamber of Commerce
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