HE Chairperson of Qatari Businessmen Association (QBA) Sheikh Faisal bin Qassim Al-Thani affirmed that the State of Qatar plays a strategic role, for more cooperation with the countries of Central Asia in the political, economic, trade and other fields.
In a statement to Qatar News Agency on the occasion of the visit of HH the Amir Sheikh Tamim bin Hamad Al-Thani to Kyrgyzstan - the second stop on His Highness's tour to several Central Asian counties, His Excellency said that the State of Qatar and Kyrgyzstan have more than 20 agreements, memoranda and protocols, including an agreement on economic, trade and technical cooperation, an agreement on mutual encouragement and investment protection, and a memorandum on cooperation in the field of tourism.
His Excellency explained that there is an agreement between the leaderships of the two countries to intensify cooperation in the trade, economic, investment, cultural and humanitarian fields, pointing out the holding of the first meeting of the joint intergovernmental committee between Qatar and Kyrgyzstan for economic, trade and technical cooperation in 2017 in Doha.
He also noted many opportunities that benefit both economies, explaining that the goal is to raise the level of economic cooperation.
There are opportunities that will expand trade relations between the two countries, such as investment in energy generation, mining, transportation, infrastructure, agriculture, and tourism, in addition to the halal industry, he added.
His Excellency stressed the importance of establishing a joint business council between Qatari and Kyrgyz businesspersons, which facilitates communication and identification of available opportunities, and enhances opportunities for establishing effective partnerships between Qatari companies and their Kyrgyz counterparts, underlining the openness of QBA to that approach.
Sheikh Faisal bin Qassim Al-Thani pointed out that the business environment in Kyrgyzstan is favorable for foreign investments and protected by law, adding that the rights of foreign investors are equal to the rights citizens, so foreigners shall not feel any additional competition, and foreign investors are free to return their capital.
He noted, in concluding his remarks to Qatar News Agency , that Kyrgyzstan has huge deposits of minerals such as: mercury (1/5 of the world reserves), antimony, gold, coal, oil, gas, shale oil, ironstone, rare and earth metals, platinum, sulfur, sand and gravel, adding that it is also rich in plants and livestock, and has large reserves of fresh water, which makes it an enormous water resource.
Source: Qatar News Agency