Qatar Chamber explores fostering cooperation with Estonia

By Shilpa Annie Joseph, Official Reporter
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Qatar Chamber-Estonia Relations

Qatar Chamber (QC) and the Republic of Estonia have discussed ways to strengthen the economic and commercial relations between both countries.

QC’s First Vice-Chairman Mohamed bin Ahmed bin Twar Al Kuwari met with Tiit Riisalo, Minister of Economic Affairs and Information Technology of the Republic of Estonia, and his accompanying delegation in the presence of many Qatari businessmen, to discuss the cooperation.

Qatar Chamber said in a statement that the focusing areas are the investment climate, and opportunities in sectors like ICT, digitalization, cybersecurity, and communication technology. They also discussed the possibility of establishing joint ventures and commercial alliances between Qatari and Estonian companies.

In his remarks, Twar Al Kuwari highlighted the good relationship between Qatar and Estonia, stressing the importance of strengthening cooperation between Qatari and Estonian companies in these sectors, especially in light of Qatar’s great interest in developing the technology and cybersecurity sectors.

The QC First Vice-Chairman affirmed that the Chamber welcomes enhancing cooperation and partnership between companies from both sides, noting that “the time is appropriate for forging joint projects between Qatari and Estonian business owners and establishing partnerships, whether in Qatar or Estonia.”

Twar Al Kuwari also noted the possibility of holding a joint forum between Qatari and Estonian businessmen and company representatives to explore avenues of cooperation and investment opportunities.

In turn, the Estonian minister hailed the close relationship between Qatar and Estonia. He provided an overview of the economy and investment in his country, noting a shared interest in developing relations across various sectors.

Riisalo emphasized the significance of fostering cooperation between the Qatar Chamber and Estonian Chambers of Commerce, noting that the Estonian side is eager to sign a memorandum of understanding with Qatar Chamber to enhance cooperation, facilitate communication among businessmen, and collaborate in organizing joint events.

Recently, Qatar and Estonia signed an agreement to avoid double taxation and prevent financial evasion regarding income taxes.

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