Recent bilateral trade discussions between the US and Qatar have included talks on securing supply chains for critical materials like Lithium hexafluorophosphate, used in lithium-ion batteries. Both nations aim to reduce dependency on dominant global suppliers.
October 10, 2023
Impact: Potential increase in direct trade of Lithium hexafluorophosphate between the US and Qatar, fostering diversification of supply sources for the US battery industry.
Qatar Explores Export Opportunities for Battery Materials to the US
Qatar's Ministry of Commerce and Industry announced interest in exporting battery-grade materials, including Lithium hexafluorophosphate, to the US market as part of its economic diversification strategy.
September 15, 2023
Impact: Could lead to new trade agreements, potentially lowering costs for US manufacturers through diversified import sources.
US Importers Eye Qatar for Lithium Hexafluorophosphate Amid Global Shortages
With global shortages of Lithium hexafluorophosphate impacting battery production, US importers are exploring Qatar as a potential partner for stable supply, leveraging Qatar's growing chemical industry.
August 20, 2023
Impact: May result in increased imports from Qatar, strengthening trade ties and supporting US clean energy goals.
Policy Updates
US-Qatar Trade Framework Agreement Update
The US and Qatar updated their bilateral trade framework to include provisions for critical minerals and battery materials like Lithium hexafluorophosphate, aiming to facilitate smoother trade and investment in these sectors.
