Qatar Chamber discussed yesterday with a commerce delegation from Brazil, relations of economic and commercial co-operation, especially in the fields of agriculture, food security and energy.
Qatar Chamber First Vice Chairman Mohamed bin Twar al-Kuwari met Monday with a Brazilian trade delegation led by head of the International Office at the Arab-Brazilian Chamber of Commerce Rafael Solimeo, and his accompanying delegation.
The meeting touched on economic and commercial relations between both countries and ways to enhance them and ways to enhance co-operation between private sectors in Qatar and Brazil, in addition to exploring investment opportunities galore on both sides and promoting Brazilian products in Qatar.
During the meeting, Mohamed bin Twar stressed the Chamber's interest in boosting co-operation between Qatari and Brazilian companies in many sectors such as agriculture, food security, energy, construction, and mining, calling Brazilian companies to invest in Qatar.
Brazil can be one of Qatar's prominent trade partners in terms of food security, he added, confirming Qatar's interest to develop this sector and facilitate achieving self-sufficiency in all products.
He also emphasised that the Chamber encourages Qatari businesspersons and investors to explore opportunities in Brazil and is ready to help Brazilian investors learn about the most attractive sector for investment in Qatar.
On his part, Rafael Solimeo said that there are broad vistas for co-operation between Qatar and Brazil chambers, noting that this paves the way for both countries' companies to establish new partnerships in various sectors.
"Brazil is a prime destination for investment and welcomes Qatari investors in many areas like energy, farming, infrastructure, industry, mining, solar power, and technology," he added.
Solimeo invited Qatari companies and investors to attend the 'Economic Forum Brazil and Arab Countries' to be held on July 4 in Sao Paulo, pointing to the possibility to organise a business visit of a Brazilian delegation to Qatar to bring together businesspersons from both countries to explore new areas for cooperation in business and investment.
On the other side, Qatar Chamber Second Vice-Chairman Rashid bin Hamad al-Athba met yesterday with Director-General of Investment Promotion of the Government of Hong Kong Stephen Philips, during which they discussed partnership opportunities.
During the meeting, al-Athba said that Qatar is a distinct destination for foreign investments and offers many investment facilities and incentives, assuring that there are significant opportunities for the private sector in both countries to co-operate and establish new partnerships, especially in light of the existing projects in Qatar that are related to the host of the FIFA World Cup 2022 or beyond.
Al-Athba stressed the Chamber's concern to encourage Qatari investors to learn about opportunities available in Hong Kong and streamline co-operation between businesspersons from both countries.
He pointed out that the two countries bilateral trade volume hit QR1.25bn in 2021 despite the pandemic, noting that Hong Kong is an important trade partner of Qatar.
In turn, Stephen Philips stressed that the private sector in Hong Kong is interested in learning about opportunities available in Qatar and forging joint ventures with Qatari businesspersons in many sectors such as hospitality, tourism, retail, banking, and others.
He also affirmed his country's aspiration to promote trade exchange with Qatar.
Philips reviewed investment incentives offered by his country and presented business facilitates offered for foreign investors, calling Qatari investors to invest in Hong Kong.
