Uruguayan President calls on Qatari investors to invest in his country

President of the Oriental Republic of Uruguay Dr Luis A. Lacalle Pou called on Qatari businessmen to invest in his country, stressing that Uruguayan highly welcomes the Qatari investments in all sectors.

He was addressing a meeting with Qatari businessmen held on Sunday at Sheraton Hotel in the presence of First Vice-Chairman of Qatar Chamber HE Mohamed bin Twar Al Kuwari and QC board member Abdulrahman Al Ansari alongside with many board members and businessmen.

The meeting was also attended by the Minster of Foreign Affairs, Ambassador Francisco Bustillo Bonasso, Ambassador of Uruguay to Qatar, HE Dr Jorge A. Sere Sturzenegger, and many Uruguayan officials.

HE President Lacalle Pou pointed out that Uruguay will offers many investment incentives for Qatari investors who are willing to invest in his country, assuring that his country is interested to strengthen trading cooperation with Qatar and that there are enormous potentials and strong desire from both parties to forge long-term commercial partnerships.

HE President also noted that Uruguay and Qatar enjoy a common interest in boosting the food security sector, affirming that there are substantial opportunities for cooperation between them in this sector, especially that Uruguay owns a developed infrastructure and ports, in addition to advanced technologies in the field of food production.

For his part, HE Mohamed Al-Kuwari hoped the meeting would establish a new phase of cooperation between the two countries in economic and commercial fields, noting that despite the close relations and signed agreements between them their trade exchange is still weak.

He underscored the importance of exchanging mutual visits and trade delegations and information between both sides to develop their trade volume.

Al Kuwari called on Qatari companies and their counterparts from Uruguay to open new channels of economic cooperation to explore investment opportunities available in both countries in various sectors and cooperate in forging joint investment enterprises and commercial alliances whether in Qatar or in Uruguay, pointing to the enormous potential both countries own and their attractive investment climate.

He emphasized the Qatar Chamber’s support for enhancing cooperation between business sectors in both countries in all fields, stressing the interest of Qatari investors to get acquainted with the investment opportunities available in Uruguay and broaden cooperation horizons with the Uruguayan private sector.

Elaborating on the competitiveness of Qatar market, First Vice-Chairman of Qatar Chamber said that it is promising market and offers a wide range of investment opportunities for Uruguayan investors. He pointed out that there are many sectors in which both sides can cooperate in such as retail, agriculture, food security, trading, sports, tourism, services, infrastructure, and other sectors.

For his part, QC board member Abdulrahman Al Ansari invited Qatari businessmen to get acquainted with the opportunities presented by the Uruguayan party, indicating that there are numerous fields in which both sides can cooperate in such as the food sector.

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