Qatar Chamber reviews boosting economic & commercial ties with Azerbaijan

By Shilpa Annie Joseph, Official Reporter
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Qatar Chamber (QC) has discussed the importance of strengthening economic and commercial cooperation with Azerbaijan.

Mr. Mohamed bin Twar al Kuwari, First Vice-Chairman of the Qatar Chamber, has highlighted the need of boosting cooperation with Azerbaijan, noting that despite strong ties between the two countries, their trade exchange is still below aspirations.

“The delegation from Azerbaijan was headed by the Chairman of the Management Board of SME Business Development Agency of the Republic of Azerbaijan Mr. Orkhan Mammadov,” QC said in a statement. Ambassador of Azerbaijan to the State of Qatar HE Rashad Ismayilov was also present at the meeting.

Mr. Kuwari noted that Qatar Chamber encourages Qatari businessmen to explore the investment climate in Azerbaijan and launch investment projects, which results in developing trade exchange between the two countries.

He also emphasized the necessity of forming a joint business council comprised of businesses from both countries, stating that it will play an important role in analyzing investment prospects on both sides.

“Qatar economy is open and highly welcomes Azeri products which are of high quality and competitive,” Mr. Kuwari added.

For his part, Mr. Mammadov praised the close ties between his country and Qatar, highlighting his country’s strong desire to strengthen economic and commercial relations with Qatar.

He stated that “the Azeri side is very interested in continuing to deepen collaboration with the private sector in both countries in order to increase trade between them.” Mr. Mammadov remarked that his country is ready to supply the Qatari market with a wide range of products via air or marine shipping.

Further, he emphasized the importance of forming a Qatari-Azeri business council in order to improve business relations between the two friendly countries.

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