Qatar and Malta are keen on enhancing bilateral relations in the field of trade and investments, as well as in other sectors, according to a top official of Qatar Chamber.
This was the core of the discussions held between Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari during a meeting held in Doha yesterday with Malta’s Minister for Finance and Employment, Clyde Caruana.
In a statement from Qatar Chamber, al-Kuwari said the meeting touched on economic and trade ties between both countries and ways to enhance them. It also discussed how to promote cooperation between Qatari and Maltese companies and the investment opportunities available on both sides.
Al-Kuwari stressed the importance of promoting cooperation relations with Malta in the economic and commercial fields, saying that despite the strong relations between Qatar and Malta, trade exchange “is still below the level of ambitions.”
In 2020, al-Kuwari said Qatar-Malta trade exchange stood at about QR113mn. He emphasised the importance of exchanging visits between the business sectors of the two countries and learning about the investment climate and opportunities available in both countries.
Al-Kuwari went on to point out that Qatar Chamber is encouraging Qatari businessmen to explore the investment climate in Malta and establish investment projects that would result in the development of trade exchange between the two countries.
On his part, Caruana said his country “highly welcomes Qatari investments,” and stressed that there are multiple opportunities in many sectors from which Qatari companies could benefit from.