QC explores cooperation with Azerbaijani delegation


Qatar Chamber (QC) discussed separately on Monday with delegations from Azerbaijan and China, the horizons on which to enable stronger bilateral relations in various fields to benefit the economies of Qatar, Azerbaijan and China.

Vice Chairman of QC Muhammed Bin Ahmed Bin Towar said at the forum hosted by the chamber today that the Qataris hope to explore available investment opportunities in Azerbaijan, confirming that QC supports the establishment of partnerships and projects held between Qatari and Azerbaijani businessmen.

Qatar and Azerbaijan hold diplomatic relations since 1994 and is of top priority to both nations’ leaderships; the economic diversity is considered one of the main pillars of Qatar National Vision 2030which encourages businessmen to explore innovative fields in order to enable balanced foreign investments, he added.

Twar praised the investment and trade scene in Qatar which attracts investors from all around the world especially in light of the massive projects being implemented to develop the infrastructure in preparation for the World Cup 2022.

He further added QC’s willingness to provide all information and data on the local market to the Azerbaijani companies and put them in contact with Qatari partners in all fields.

Rufat Mammadov ?President at Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said that the goal of the visit is to deepen the trade and economic relations between both economies and encourage mutual investment.

Mammadov did a presentation on Azerbaijan’s abilities and investment opportunities which covers the availability of natural resources such as petrol and gas. In addition to the opportunities found in the fields of agriculture, tourism, food manufacturing, communications and chemical industries.

He invited Qatari businessmen to explore the business opportunities in Azerbaijan which is considered an important investment destination due to the incentives set by its government such as the ease of company registration procedures, tax exemptions,…etc.

He also mentioned the increase of Qatari tourism in Azerbaijan in the past few year by six times, hoping that other trade and economy field also increase.

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