ID :
164813
Mon, 02/28/2011 - 20:53
Auther :
Shortlink :
https://oananews.org//node/164813
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HE Prime Ministrer & FM : Qatar May Invest in Spanish Funds
Doha , February 28 (QNA) -HE Prime Minister and Foreign Minister Sheikh Hamad bin Jassim Bin Jabor Al Thani has lauded the distinguished relations binding together the State of Qatar and the Kingdom of Spain and underlined the two countries'due keenness to further enhance and promote these relations in several domains especially as related to the economic aspect and reciprocal investments .
Addressing a joint press conference here Monday with Spanish Prime Minister Jose Luis Rodriguez Zapatero who is now visiting Doha, HE the Prime Minister and Foreign Minister said that HH the Emir Sheikh Hamad Bin Khalifa Al Thani has discussed with Spanish Prime Minister Jose Luis Rodriguez Zapatero during their meeting here today bilateral relations and the regional and international issues of mutual concern in addition to areas of investment between Qatar and Spain.
HE the Prime Minister said that HH the Emir will pay a state visit to the Kingdom of Spain in a date which was initially agreed upon, to be next April, stressing however that this visit would constitute a strong and important push forward to the Qatari-Spanish relations.
HE Sheikh Hamad bin Jassim Bin Jabor Al Thani told reporters that state of Qatar and Spain, initialled today an agreement on the Qatari investments in infrastructure in Spain.
The Prime Minister also made clear that the two sides considered Qatar's role in investing in Spain in other areas, particularly in the funds Spanish banks (known as Kakha) noting that there is a commitment in principle that Qatar is investing $ 300 million Euros to these banks'capitals.... Such a topic would take place in the coming days to discuss some details'' HE the prime minister told reporters.
HE Sheikh Hamad bin Jassim bin Jabor Al-Thani indicated that the talks with the Spanish Prime Minister also addressed Qatar's contribution to some Spanish companies that are being worked on and which will be announced in the near future.
HE the Prime Minister pointed out that there was a financial plan on part of the Spanish Government for the capitalization of some companies. "We have shown our preparedness and readiness to invest significantly and this is subject to the economic agenda of each case , HE Sheikh Hamad bin Jassim bin Jabor Al Thani told reporters stressing in the meantime Qatar's confidence in the Spanish economy which rises anew from the troubles Europe has experienced of late.
HE the Prime Minister further said that the Spanish government has conducted many measures to reform the economic situation ...These measures would help reform and stabilize the economic situation in the country'', HE Sheikh Hamad bin Jassim said.
In response to a question on possibility of Qatar's investment in "Glencore", the largest company in the world to trade in primary commodities, HE the Prime Minister said, "We are studying the situation and we will have a meeting with them in Doha in the next two days.''
For his part, HE Spanish Prime Minister Jose Luis Rodriguez Zapatero said that he had discussed during a meeting here today with HH the Emir bilateral relations and joint investments as well as the latest events the Arab region is now witnessing.
"We're delighted to have the same positive attitudes toward these issues," the spanish premier told the joint press conference and praised the role the State of Qatar plays in the region and the international arena.
'' Qatar is betting on reform and innovation in the Arab world and "this is a matter of pleasure," said the spanish prime minister.
Luis Rodriguez Zapatero also praised relations that bind the State of Qatar and the Kingdom of Spain, which imports large quantities of Qatari gas.
Mr. Zapatero also expressed confidence in the success of Qatar for hosting the World Cup Soccer 2022 .. "We congratulate the winning Qatar to win the right to host the World Cup and we are sure that the hosting will be in the best well and will benefit the entire region," the Spanish Premier told reporters.
The Spanish premier also expressed his pleasure for the sponsorship of Qatar Foundation for Education, Science and Community Development (QF) of Barcelona team , and said ,'' it is a right and smart choice that Qatar chooses the best team in the world to put the Foundation's logo on its T shirts.
Addressing the joint press conference, Spanish Prime Minister went on to say that Qatar and Spain have worked recently on expanding these ties which will witness a futher boost through the Qatari investments in Spain on the one hand, and more presence on part of the Spanish companies in Qatar on the other, especially companies operating in the construction and energy fields.
Jose Luis Rodriguez Zapatero said that HE the Prime Minister and Foreign minister Sheikh Hamad bin Jassim bin Jabor al Thani, is personally working on these files, the matter which reflects the bet of the Qatari sovereign authorities to invest in Spanish banks' funds of 300 million euros.
He added that there are investments in companies and other areas such as telecommunications, energy and electricity, and this will represent a significant boost to the Spanish economy and represent in particular giving more confidence which Qatar has placed in the Spanish economy and consequently the investment to be undertaken by the Qatari sovereign authorities will further enhance this confidence.
In response to a question on inflation in Spain, Zapatero said that this matter is due to high energy prices, pointing out however that from next month , pressure would ease on prices which will decline in turn.
He also viewed that the political tension in the region may help keep oil prices high , and thus Spain should take measures such as energy saving and that specific sectors/ in Spain/ should act to reduce inflation.
The Spanish Prime Minister has yet stressed that the economic recovery in his country is progressing and there are good figures for the fourth quarter, the matter which would result in lots of work opportunities .
He pointed out that investment would be very important to reactivate the economic recovery. (END(
Addressing a joint press conference here Monday with Spanish Prime Minister Jose Luis Rodriguez Zapatero who is now visiting Doha, HE the Prime Minister and Foreign Minister said that HH the Emir Sheikh Hamad Bin Khalifa Al Thani has discussed with Spanish Prime Minister Jose Luis Rodriguez Zapatero during their meeting here today bilateral relations and the regional and international issues of mutual concern in addition to areas of investment between Qatar and Spain.
HE the Prime Minister said that HH the Emir will pay a state visit to the Kingdom of Spain in a date which was initially agreed upon, to be next April, stressing however that this visit would constitute a strong and important push forward to the Qatari-Spanish relations.
HE Sheikh Hamad bin Jassim Bin Jabor Al Thani told reporters that state of Qatar and Spain, initialled today an agreement on the Qatari investments in infrastructure in Spain.
The Prime Minister also made clear that the two sides considered Qatar's role in investing in Spain in other areas, particularly in the funds Spanish banks (known as Kakha) noting that there is a commitment in principle that Qatar is investing $ 300 million Euros to these banks'capitals.... Such a topic would take place in the coming days to discuss some details'' HE the prime minister told reporters.
HE Sheikh Hamad bin Jassim bin Jabor Al-Thani indicated that the talks with the Spanish Prime Minister also addressed Qatar's contribution to some Spanish companies that are being worked on and which will be announced in the near future.
HE the Prime Minister pointed out that there was a financial plan on part of the Spanish Government for the capitalization of some companies. "We have shown our preparedness and readiness to invest significantly and this is subject to the economic agenda of each case , HE Sheikh Hamad bin Jassim bin Jabor Al Thani told reporters stressing in the meantime Qatar's confidence in the Spanish economy which rises anew from the troubles Europe has experienced of late.
HE the Prime Minister further said that the Spanish government has conducted many measures to reform the economic situation ...These measures would help reform and stabilize the economic situation in the country'', HE Sheikh Hamad bin Jassim said.
In response to a question on possibility of Qatar's investment in "Glencore", the largest company in the world to trade in primary commodities, HE the Prime Minister said, "We are studying the situation and we will have a meeting with them in Doha in the next two days.''
For his part, HE Spanish Prime Minister Jose Luis Rodriguez Zapatero said that he had discussed during a meeting here today with HH the Emir bilateral relations and joint investments as well as the latest events the Arab region is now witnessing.
"We're delighted to have the same positive attitudes toward these issues," the spanish premier told the joint press conference and praised the role the State of Qatar plays in the region and the international arena.
'' Qatar is betting on reform and innovation in the Arab world and "this is a matter of pleasure," said the spanish prime minister.
Luis Rodriguez Zapatero also praised relations that bind the State of Qatar and the Kingdom of Spain, which imports large quantities of Qatari gas.
Mr. Zapatero also expressed confidence in the success of Qatar for hosting the World Cup Soccer 2022 .. "We congratulate the winning Qatar to win the right to host the World Cup and we are sure that the hosting will be in the best well and will benefit the entire region," the Spanish Premier told reporters.
The Spanish premier also expressed his pleasure for the sponsorship of Qatar Foundation for Education, Science and Community Development (QF) of Barcelona team , and said ,'' it is a right and smart choice that Qatar chooses the best team in the world to put the Foundation's logo on its T shirts.
Addressing the joint press conference, Spanish Prime Minister went on to say that Qatar and Spain have worked recently on expanding these ties which will witness a futher boost through the Qatari investments in Spain on the one hand, and more presence on part of the Spanish companies in Qatar on the other, especially companies operating in the construction and energy fields.
Jose Luis Rodriguez Zapatero said that HE the Prime Minister and Foreign minister Sheikh Hamad bin Jassim bin Jabor al Thani, is personally working on these files, the matter which reflects the bet of the Qatari sovereign authorities to invest in Spanish banks' funds of 300 million euros.
He added that there are investments in companies and other areas such as telecommunications, energy and electricity, and this will represent a significant boost to the Spanish economy and represent in particular giving more confidence which Qatar has placed in the Spanish economy and consequently the investment to be undertaken by the Qatari sovereign authorities will further enhance this confidence.
In response to a question on inflation in Spain, Zapatero said that this matter is due to high energy prices, pointing out however that from next month , pressure would ease on prices which will decline in turn.
He also viewed that the political tension in the region may help keep oil prices high , and thus Spain should take measures such as energy saving and that specific sectors/ in Spain/ should act to reduce inflation.
The Spanish Prime Minister has yet stressed that the economic recovery in his country is progressing and there are good figures for the fourth quarter, the matter which would result in lots of work opportunities .
He pointed out that investment would be very important to reactivate the economic recovery. (END(
