Qatar Chamber, Uzbekistan Discuss Investment Cooperation

Doha, February 26 (QNA) - Qatar Chamber First Vice-Chairperson Mohamed bin Twar Al Kuwari met on Sunday with HE Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov, at the Chamber's venue. The meeting touched on means to enhance the trade exchange and bolster the investment cooperation between both countries, investment climate and opportunities available on both sides, and strengthening partnership between Qatari businesspersons and their counterparts from Uzbekistan. For his part, Mohamed bin Twar Al Kuwari said that Qatari businesspersons are eager to learn about investment opportunities available in Uzbekistan, especially since it enjoys a host of potential that attract investors and in light of Qatar's economic diversification policy and the desire to expand investments in friendly countries in Africa and Asia. He also noted that Uzbekistan is a distinguished destination for investment and rife with investment opportunities in various sectors such as mining, real estate development and services, stressing the importance of investment incentives and legislation that protect foreign investments. Al Kuwari underscored that Qatar Chamber is willing to boost cooperation and partnership between Qatari and Uzbekistani firms and forge economic and commercial alliances, whether in Qatar or in Uzbekistan, pointing out that Qatar owns an advanced infrastructure and attractive legislation. On his turn, HE Minister of Investment, Industry and Trade of Uzbekistan Laziz Kudratov said that his visit aims to review ways to expand cooperation and partnership between both countries, calling on Qatari investors to visit his country to get acquainted with the available investment opportunities in a number of sectors lime mining, infrastructure, agriculture, oil and gas and renewable energy and others. Kudratov also mentioned the possibility to hold a business forum between businesspersons from both countries in Uzbekistan to review the vistas of cooperation between them and establish a joint business council. (QNA)