CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

QC & Czech delegation explore investment opportunities

Published: 18 Nov 2018 - 10:24 am | Last Updated: 17 Nov 2021 - 10:17 am
Mohammed bin Ahmed bin Towar Al Kuwari (left), First Vice-Chairman of Qatar Chamber; Czech Republic Ambassador to Qatar and Kuwait, Martin Dvorak (second left); and others held meeting with the visiting members of a trade delegation from the  Czech Republ

Mohammed bin Ahmed bin Towar Al Kuwari (left), First Vice-Chairman of Qatar Chamber; Czech Republic Ambassador to Qatar and Kuwait, Martin Dvorak (second left); and others held meeting with the visiting members of a trade delegation from the Czech Republ

The Peninsula

DOHA: Qatar and the Czech Republic have developed strong economic relations over the last several years, and both sides are working closely to further deepen and strengthen bilateral economic cooperation in new areas for mutual benefits.

The combined value of trade exchange between the two countries reached at $187m (over QR680m) in 2017, Mohammed bin Ahmed bin Towar Al Kuwari, First Vice-Chairman of Qatar Chamber (QC) noted yesterday.

“The business climate in Qatar and the Czech Republic is attractive to foreign investments, which opens the way for business sectors to build mutual economic partnerships and alliances,” said Al Kuwari during a joint meeting with a Czech Republic trade delegation specialised in the manufacture of jewellery and other products.

He pointed out that there are many areas for the development of economic cooperation between the two countries, especially in the fields of infrastructure and foodstuffs, adding that the launch of 10 flights a week between Doha and Prague will further enhance cooperation in the field of tourism and investment, stressing that the Qatar Chamber encourages the establishment of economic partnerships.

Al Kuwari also noted that the favourable conditions are available to the Qatari private sector to enhance trade exchange with the Czech side in all fields. He pointed out that holding such meetings will contribute to opening new horizons between the companies on both sides and boosting and attracting foreign investments to the Qatari market.

The Czech side also invited Qatari business leaders to explore investment opportunities in a number of important sectors in the Czech Republic.

This came during a joint meeting of Qatari businessmen with the visiting trade delegation from the Czech Republic, specializing in different products, including jewellery, crystal and glass, which was held last Thursday at the Grand Hyatt Hotel in Doha. The meeting discussed means of enhancing trade exchange between Qatar and the Czech Republic.

The Czech delegation was led CzechTourism’s Managing Director Monika Palatkova, Czech Republic Ambassador to Qatar and Kuwait Martin Dvorak, and Union of Glass and Fashion Jewellery Producers president Pavel Kopacek, and a number of Qatari and Czech business leaders.

The Ambassador Dvorak stressed that the good relations between Qatar and the Czech Republic will contribute to enhancing trade between the private sector in both countries at all levels, noting the interest of the Czech businessmen in identifying the investment climate in the Qatari market.

For her part, Platkova said that she came with a delegation of six Czech companies in the field of glass crystal manufacturing to showcase their luxury products to Qatari business owners and to learn about business in Qatar. She invited Qatari businessmen and others to visit her country, where she stressed that her country is characterised by abundance of tourist areas and shrines, especially in Prague and some other cities.