Qatar Chamber held a meeting with an Ethiopian government delegation yesterday to review and enhance trade ties between the two countries, it was announced in a statement.
The meeting also focused on investment opportunities in the agricultural, mining, construction, and real estate sectors. The Ethiopian delegation included rulers of the Oromia Region, in addition to government officials and Ethiopian ambassador Mesganu Arga Moach.
The two sides discussed potential exchange visits for trade delegations and establishing a Qatari-Ethiopian business forum to expand the scope of partnership between the two countries.
Qatar Chamber vice-chairman Mohamed bin Towar al-Kuwari said Ethiopia “is a promising destination” for Qatari investments. He added that the chamber is ready to encourage the private sector to invest in Ethiopia, and highlighted that Qatar has investments in the Ethiopian real estate sector.
The head of Oromia region’s development office said Ethiopia is rich in natural resources, and cited that the country’s agricultural and mining sectors were attracting a lot of foreign investments.
He assured that the government of Ethiopia “makes it easy for foreign capital to invest and is willing to provide Qatari businessmen with all the information they need to start investing.”
Moach expressed hope that the visit would enhance trade cooperation “in line with expectations and ambition” of both sides.
Qatar Chamber vice-chairman Mohamed bin Towar al-Kuwari with members of the delegation from Ethiopia during their meeting in Doha.
LEAVE A COMMENT Your email address will not be published. Required fields are marked*
Weekly Market Report
Gold rush sees hedge funds seek profit from tools of trade
Bitcoin may splinter off again in November Bloomberg
What selloff? Metals rally ‘just started’ as fund goes long
China’s downgrade is good news for bulls eyeing state support
MUFG puts ‘boots on the ground’ in Canada capital markets bid
Pimco, BlackRock see multi-year rally for emerging markets
Facebook scraps plans to create new share class in rare win for investors
Lukoil plans to keep output steady with new projects outside Russia