Qatar Chamber hosted Sunday a meeting of the Qatar-Kazakhstan Business Council in the presence of Kazakhstan’s First Deputy Prime Minister Ali Khan Samailov and Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari.
The joint business council meeting, which was held at the chamber’s headquarters in Doha, was chaired by board member Mohamed bin Ahmed al-Obaidli, who represented the Qatari side, and Almassadam Satkaliyev of the Kazakhstan side. Arman Issagaliyev, Kazakhstan’s ambassador to Qatar, and other council members were also present during the meeting.
In a speech, al-Kuwari said he is looking forward to the establishment of commercial partnerships between business owners of both countries. He said Qatar-Kazakhstan relations are witnessing “remarkable developments in all fields,” and that the leaders of both countries are seeking to strengthen co-operation and increase prospects in the economic, trade, and investment sectors.
Al-Kuwari stressed the chamber's keenness to overcome obstacles that are preventing the establishment of partnerships and joint projects between the private sectors of both countries.
He said Qatar Chamber has received many Kazakh trade delegations and has also organised commercial visits to Kazakhstan in recent years. The chamber welcomes Kazakh companies that wish to invest in Qatar, al-Kuwari added.
Smailov said Qatar and Kazakhstan “have a common desire” to strengthen and develop their relations in various fields, especially trade and investment. He said plans are in the pipeline to hold a Qatar-Kazakhstan Business Forum in the Kazakh capital of Nur Sultan “soon” to strengthen economic and trade relations.
He said there are many areas in which co-operation can be strengthened, such as agriculture, construction, tourism, financial institutions, and industrial businesses. He called on Qatari businessmen to identify the opportunities available in these sectors.
Smailov said Kazakhstan is the largest economy in the Central Asian region and has “great resource potentials,” such as plutonium and precious metals. It is also characterised by its strategic geographical location and “good relations” with both Russia and China – an advantage that makes Kazakhstan attractive to investments, he stressed.
He also expressed hope that direct flights will be established between Qatar and Kazakhstan “as of next September.”
Al-Obaidli hailed Qatar-Kazakhstan relations, saying trade and investment co-operation between the two countries witnessed growth in 2020, doubling trade volume four times compared to 2019.
He said the Qatar-Kazakhstan Business Council seeks to increase the prospects for co-operation between Qatari companies and their counterparts in Kazakhstan, establish joint companies, and benefit from the expertise of companies on both sides.
Al-Obaidli said Qatari businessmen are interested in identifying opportunities in Kazakhstan’s “promising sectors” and benefiting from investment incentives provided by the government.
He also called on business owners in Kazakhstan to explore the opportunities in Qatar and to gain from the facilities and incentives for foreign investors, “especially since Qatar is currently undertaking huge projects within the framework of the National Food Programme Protection.
Satkaliyev stressed that the council seeks to establish a strategic partnership, “which will be the beginning of a new phase for economic and trade relations.” He also underscored the importance of regular communication between the two sides and the need to initiate all activities of the joint business council.
Ends
 
 
Related Story