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QNA
Washington
Minister of Economy and Commerce HE Sheikh Ahmed bin Jassim bin Mohammed al Thani discussed means of enhancing relations between Qatar and the US in the economic, trade and investment fields during a series of meetings with US officials, on the sidelines of the"SelectUSA"investment summit in Washington.
Sheikh Ahmed during his meeting with US Treasury Secretary Steven Mnuchin, stressed the close ties between the two countries, noting that the signing of the Framework Agreement for Trade and Investment in 2004 had contributed to strengthening the cooperation between the two countries.
The minister said that the recently organised initiatives like the US-Qatar Strategic Dialogue, the US Economic Roundtable, and Qatar's participation in the SelectUSA Investment Summit were important steps towards consolidating the partnership between the two countries.
Sheikh Ahmed met with Governor of Nebraska, Pete Ricketts; Governor of Utah, Gary Herbert; Senator of Idaho, Kelly Anthony and Director of Commerce of Idaho, Bobbi-Jo Meuleman.
The minister also met with Louisiana Economic Development Secretary Don Pierson.
The meetings also dealt with means of boosting bilateral relations in the economic and trade fields.
They also discussed mechanisms to support joint investments and stimulate the private sector to establish innovative investment projects in key sectors.
The minister talked about the developments of the Qatari economy, the investment opportunities offered by the state in all fields, the initiatives launched to support the private sector, and its role in enhancing its contribution to the overall economic development and attracting foreign direct investment.
Sheikh Ahmed also highlighted the latest measures taken by Qatar to encourage and attract investments, including the draft law on the non-Qatari capital regulation in economic activity, which opens the way for foreign investors to own 100 percent ownership in all sectors, boosting investors'entry into the Qatari market.
The SelectUSA is a high-profile event dedicated to promoting FDI in the US. The event provides an opportunity to bring together companies, economic development organisations, and other bodies working to facilitate business investment in US from across the world.
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22/06/2018
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