Officials of Qatar Chamber and the Small and Medium Business (SMB) Development Agency of the Republic of Azerbaijan held a meeting in Doha to review ways of establishing a joint business council.
On the sidelines of the ongoing Qatar International Agriculture Exhibition (AgriteQ 2022), Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani met with the agency’s chairman, Orkhan Mammadov, to also discuss matters pertaining to economic co-operation between Qatar and Azerbaijan.
Also present during the meeting were Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari and second vice chairman Rashed bin Hamad al-Athba, as well as Azerbaijan ambassador to Qatar, Rashad Ismayilov.
The officials deliberated on economic and trading relations between Qatar and Azerbaijan and ways of enhancing them, as well as the investment climate and opportunities available on both sides. One of the highlights of the meeting was the possibility of signing a memorandum of understanding between Qatar and Azerbaijan chambers for the establishment of a joint business council.
Sheikh Khalifa lauded the distinguished relations both countries are enjoying, noting that Qatari businessmen are eager to learn about the different investment opportunities in various sectors, such as agriculture and food security.
He affirmed that Qatar Chamber encourages Qatari investors to invest in Azerbaijan and that the chamber supports any efforts that aim to develop both countries’ trade exchange, “which is still below aspirations.”
On his part, Mammadov underscored the leading role of the joint business council in enhancing co-operation between private sectors of both countries, pointing to the strong will of his country to attract Qatari investors.
Al-Kuwari also praised the economic and commercial co-operation between both parties, noting that the joint business council would see broad participation from Qatari businessmen who are willing to explore the investment climate in Azerbaijan.
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