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Qatar tribune

Tribune News Network

Doha

Mohamed bin Twar Al-Kuwari, First Vice-Chairman of Qatar Chamber, recently held a meeting withSafarov Umidbek Akbarovich, Deputy Chairman of Uzbekistan Chamber of Commerce and Industry.

During the meeting, both sides explored ways to enhance cooperation between the two chambers and boost trade exchanges between Qatar and Uzbekistan. The meeting also focused on the investment climate in both countries and highlighted opportunities for partnerships and cooperation between Qatari and Uzbek business owners.

Speaking at the meeting,Mohamed bin Twar al Kuwari emphasized the strong interest of Qatari businessmen in exploring the available opportunities in Uzbekistan.

He affirmed the Qatar Chamber’s keenness on encouraging both Qatari and Uzbek business entities to establish joint ventures, highlighting the importance of activating the Memorandum of Understanding (MoU) signed between the two chambers last year. Further, Twar emphasized the Chamber’s readiness to assist Uzbeki investors interested in entering the Qatari market, indicating that the Chamber would provide necessary information regarding business procedures, relevant legislation, and the regulatory framework for foreign investments in Qatar.

In turn,Safarov Umidbek Akbarovich, Deputy Chairman of Uzbekistan Chamber of Commerce and Industry, expressed Uzbekistan’s strong interest in enhancing economic and commercial cooperation with Qatar.

Henoted that several official visits to Doha are scheduled over the next two months, with the aim of promoting Uzbek industries in Qatar and gaining insights into Qatar’s investment climate. These visits will focus on identifying sectors where potential partnerships with Qatari companies can be formed.

Akbarovich also emphasized the importance of the incentives provided by Qatar’s free zones, which position Qatar as a hub for Uzbekistan to access the broader regional markets.

Healso reiterated the Uzbekistan Chamber’s interest in advancing bilateral relations between Uzbekistan and Qatar, with the aim of benefiting the business sectors of both nations.

He highlighted the various economic reforms and incentives offered by Uzbekistan to attract Qatari investors looking to establish businesses inkey sectors such as textiles, agriculture, food products and others.

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07/10/2024
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