Qatar Chamber signed two memoranda of understanding (MOUs) with the Mozambique Chamber of Commerce and Asean Chamber of Commerce as part of efforts to enhance co-operation ties with international counterparts.
During separate meetings in Doha, Qatar Chamber examined trade and economic relations and ways of promoting partnerships between Qatari businessmen and their counterparts in Malaysia and Mozambique.
Qatar Chamber board member Mohamed bin Ahmed al-Obaidli received the Malaysian trade delegation led by Asean Chamber of Commerce president Mohamed Izat Emir, who represented several sectors, such as tourism, beverages, recycling, and shipping.
Al-Obaidli and Emir signed the MoU with a view to promote joint action, co-ordination in hosting meetings and events, and the exchange of information necessary to serve the business sectors in Qatar and Malaysia.
Al-Obaidli stressed that Qatar and Malaysia economic relations have developed through the efforts of the leadership of both countries. He noted that visit exchange helped cement cooperation in the economic and trade spheres.
He also said Malaysia is an “important trade partner” to Qatar, with bilateral trade exchange increasing from $320mn in 2007 to $968mn last year. There are more than 40 Malaysian companies operating in Qatar, said al-Obaidli, adding that Qatari businessmen “see Malaysia as a distinguished investment destination for tourism, hospitality, financial sector, industry, and real estate.”
Emir, on the other hand, said the MoU would benefit businessmen from both the countries and would create a platform for developing and improving co-operation relations “for the good of both economies.”
Al-Obaidli and Mozambique Chamber president Juliao Dimande also signed an MoU in the presence of assistant director general for Government Relations and Committees Affairs Ali Bu Sherbak al-Mansouri.
Al-Obaidli said, “Qatar Chamber encourages Qatari businessmen and investors to explore investment opportunities in Africa, including Mozambique, which is replete with many investment opportunities in different sectors.”
Dimande said the MoU would contribute to developing cooperation between businessmen from both the countries, and would stimulate the investment appetite of Qatari investors.
He said Mozambique “is eager to bolster co-operation” with Qatar at all fields and to build economic robust relations, thus calling on Qatari businessmen to visit and identify investment opportunities available in the infrastructure, energy, agriculture, transport, and fisheries sectors.