Qatar & Malaysia discuss ways to boost bilateral trade & investment

By Arya M Nair, Official Reporter
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Sheikh Mohammad bin Abdulrahman Al-Thani & Mr. Saifuddin Abdullah during the meeting

Qatari Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohammad bin Abdulrahman Al-Thani, and Malaysian Foreign Minister Mr. Saifuddin Abdullah have discussed ways to boost trade with new investments and cooperation in various fields.

The discussion was held during an official visit of the Qatari Minister to Malaysia. Mr. Abdullah explained in a joint press conference that the investment cooperation includes dairy production, finance and the digital economy, hoping that more Qatari companies will continue to invest and expand their business in Malaysia, including in the field of real estate development and the development of vaccines and antiviral drugs.

They discussed several multilateral issues such as Israel’s recent bombing of the Gaza Strip, he pointed out, adding that they agreed to work together on providing humanitarian aid to Afghanistan as well as in other areas of concern.

During the visit, Sheikh Mohammad said that he had a productive discussion on strengthening bilateral ties, especially in the field of trade and investment. On global issues, he expressed deep concern over the situation in Palestine, especially in the Gaza Strip.

Both parties were also concerned about the situation in Afghanistan, urging all parties to abide by the Doha Agreement, including giving all Afghans their right to education. Sheikh Mohammad’s official visit to Malaysia, is part of an Asian tour that includes Singapore, Vietnam and South Korea.

Recently, Qatar’s Baladna entered into a conditional shareholders’ agreement with Malaysian companies FGV Holdings Berhad (FGV) and Touch Group Holdings Sdn Bhd (TGH) to develop an integrated dairy farming business in Malaysia.

Related: Qatar’s Baladna inks deal to develop integrated dairy farming business in Malaysia