Newfoundland Mission to Bridge the Gap

Atlantic Trading Corporation (ATC) has begun its 2019 Canada-Qatar trade mission in Doha-Qatar this week. This mission is led by Mr. Douglas C. Power, International Director of Atlantic Trading Corporation, with the support of Mrs. Wanda Cuff-Young, local Director of Atlantic Trading Corporation and World Global Canada. Mr. Douglas C. Power is currently in Qatar and to support the initiation of the mission, ATC will be meeting with key figures in the region to help promote a month-long venture to bring Canadian products to the State of Qatar. ATC bought together by a highly respected group of individuals who are not only well versed in foreign trades but also have well-developed connections and networking in various countries around the globe.

Mission:

ATC’s mission is to help introduce selected Canadian manufacturers and exporters to market and contact in an international market that they otherwise would have difficulty accessing. “Canada has been designated as a net exporter of food as a country, yet many Canadian producers lack the resources or know-how to bring their products to international markets,” said Power. “Our role is to help bridge that gap and facilitate successful transactions and relationships between Canada and the State of Qatar.”

Background:

Two years ago Saudi Arabia and two other GCC countries, including the UAE and Bahrain, have put a blockade in place to prevent 90% of all imports into Qatar. Qatar is bordered with Saudi Arabia and as a result, importing was shut down overnight. Qatar is a resilient county because of its people and government who have the three biggest GDP in the world per population and has the highest income population in the world. Qatar has survived this blockade also because of its large LNG reserves that created its great wealth fund. This void and lack of, particularly, food security created new opportunities for Qatar to become self-sufficient and the country has made good progress in this area. However, Qatar has to still depend on major importing for the next decade before it can become fully self-sufficient. Countries around the world have stepped up in helping Qatar with its food security issues but all at a price. The Canadian manufacturers have missed opportunities with Qatar in the early 1980, where the USA, UK, and Asian countries have capitalized on the early growth of Qatar. Now the opportunity is back as a result of the blockade. There is a window of opportunity here, provided Canadian manufactures act now. In the next two years, Qatar will be hosting the FIFA 2022 world cup soccer championship. Qatar has spent billions of dollars to get ready for 2022 with over 600 hotels and over 100 of them are seven-star world-class hotels. Each hotel has between 3-7 restaurants per hotel. There are also several international supermarkets and local supermarkets.

To learn more about the mission and be part of the mission please visit www.atlantictradingcorp.com/form to fill-out the form and email it at info@atlantictradingcorp.com