'Qatar has good competitive indicators in global market'
February 19 2018 12:51 AM
Gustavo Leite
Gustavo Leite called on Qatari investors to invest in his country in various fields.

QNA/Doha

Qatar has good competitive indicators in the global market, Paraguay's Minister of Industry and Commerce Gustavo Leite has said.

The Paraguayan minister , in an interview with Lusail newspaper, said Qatar surprised the world by its smooth handling of the current Gulf crisis and the opening of the Hamad Port under the siege. He expressed hope that the Kuwaiti mediation resolves the crisis within the Gulf house.
Leite noted that a high-ranking Qatari ministerial delegation is expected to visit Paraguay soon to strengthen relations in various fields. He said efforts are underway to open an air route between Doha and the Paraguay capital of Asuncion. He called on Qatari investors to invest in his country in various fields, especially agriculture and services.
The minister stressed that Paraguay has many investment opportunities, especially in the agriculture sector, where 95% of the land is fertile and suitable for farming , which is a low-cost investment with great advantages. The country does not have any transport or logistic problems.
In this context, the minister pointed out that there are efforts to establish two food production lines between the two countries. He said Paraguay considers Qatar a friendly country.
The Paraguayan minister highlighted his country's tourism potential and tourist attractions. He said Paraguay is well known for its landscape, mountain tourism, nature and cultural tourism. "Tourists make up about 20% of its population. Paraguay welcomes any Qatari investments in this field."
According to him, Paraguay offers great advantages and facilities to the Qatari investor . "There is no tax on foreign investments; in addition Paraguay has a highly competitive investment environment and is a major destination for capital in the region."
He expressed hope that opening of a direct service between Doha and Asuncion would be one of the most important investments of Qatar Airways in Paraguay.
The Paraguayan minister said Qatar has good infrastructure in the field of sport which enables it to host the Qatar 2022 World Cup in the best possible way, wishing that Paraguay qualifies for the Qatar 2022 World Cup.



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