Qatar Chamber (QC) has discussed ways to enhance trade and economic relations with the Non-Resident Ambassador of Latvia to Qatar, HE Dana Goldfinca.
During the meeting, they explored potential areas of cooperation between the Qatari and Latvian private sectors, and highlighted key investment opportunities for Qatari businessmen in Latvia.
Speaking at the meeting, QC Board Member Abdulrahman bin Abduljalil bin Al Abdulghani stressed that the current volume of trade between the countries remains very modest, underlining the importance of strengthening cooperation between the private sectors of both countries to expand trade exchange and mutual investments.
For her part, Ambassador Dana Goldfinca expressed Latvia’s keenness to deepen economic and trade cooperation with the ME country, pointing to promising sectors for Qatari investments such as information and communications technology, food security, tourism, renewable energy, healthcare, and logistics.
The Ambassador noted that Latvia offers attractive investment opportunities through its eight free zones, which provide various incentives and facilities for foreign investors. She also emphasised her country’s openness to the investments across all sectors.
Ambassador Dana Goldfinca further highlighted the importance of enhancing cooperation between the QC and the Latvian Chamber of Commerce and Industry to facilitate communication and foster stronger ties between the business communities of both countries.
Qatar and Latvia Bilateral Ties
Qatar and Latvia enjoy growing bilateral relations, underpinned by mutual interest in expanding economic, trade, and investment cooperation. Since establishing diplomatic ties, both countries have signed key agreements, including a Double Taxation Agreement, and have engaged in regular high-level meetings and business forums.
While current trade volumes remain modest, there is strong potential for growth across sectors such as information technology, food security, renewable energy, healthcare, and logistics. Both nations have expressed commitment to deepening collaboration, with recent initiatives focused on encouraging private sector engagement and exploring joint investment opportunities.
