Qatar Chamber Reviews Areas of Trade and Investment Cooperation with Portugal

Qatar Chamber reviewed key areas of cooperation between Qatari and Portuguese companies, particularly in the hospitality, fintech and retail sectors, as well as other sectors of mutual interest.

This came during a meeting between Mohamed bin Ahmed bin Twar Al Kuwari, First Vice Chairman of Qatar Chamber, and Miguel Frasquilho, Vice President of the Arab Portuguese Chamber of Commerce and Industry and Chairman of the Advisory Board of the L’or Investment Group.

In this context, H.E. Mohamed bin Twar praised the distinguished relations between the two countries, noting Qatari investors' interest in exploring investment opportunities in Portugal and strengthening cooperation with their Portuguese counterparts through joint ventures and the exchange of investments.

He affirmed that the Qatari market is open to foreign investment across various sectors, stressing the importance of benefiting from Portuguese expertise and technology through cooperation with Qatari partners to establish projects and investments in Qatar.

For his part, Miguel Frasquilho affirmed Portuguese investors' interest in exploring investment opportunities in Qatar, particularly in fintech, services, retail and other sectors.

The two sides also discussed the possibility of establishing a joint Qatar-Portugal Business Council comprising representatives of the business communities in both countries. The council would aim to strengthen trade and investment relations, expand private-sector cooperation and explore opportunities to establish partnerships and joint ventures.

Source: QNA

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