QC discusses boosting economic and commercial ties with Russia

Doha: Qatar Chamber First Vice-Chairman Mohamed bin Towar Al Kuwari on Tuesday met with the Deputy Chairman of the Committee for External Relations of Saint Petersburg Government and Head of Foreign Economic Cooperation Department Arbi Abubakarov. Director of International Business Development at Ginza Project Giunel Ismailova was also present during the event.

The meeting touched on commercial and economic relations between both countries and ways to enhance them, in addition to the investment opportunities available in Saint Petersburg in various sectors.

Al Kuwari stressed the robustness of relations between Qatar and Russia in all fields, indicating that Qatari businessmen and investors are eager to learn about the opportunities available in Russia generally and in Saint Petersburg in particular. He also noted that Saint Petersburg is a leading destination for investment, assuring that after the pandemic ends, representatives of Russian and Qatari private sectors will exchange visits to further develop their cooperation and explore opportunities available in both countries and forge active partnerships.

Abubakarov lauded the significant development witnessed by Qatar in all fields, especially regarding the preparations related to the hosting of the FIFA World Cup 2022, noting that both sides can exchange expertise in this respect as Russia has hosted a successful edition of the tournament in 2018. He also praised Qatar’s participation in Saint Petersburg International Economic Forum 2021 wherein Qatar was the guest country. He added that Qatar is a leading country in foreign investments as there are numerous Qatari investments in Russia and in Saint Petersburg, and expressed his anticipation to see more investments in most sectors such as agriculture, hospitality and real estate development.