CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qatari-Russian cooperation opportunities explored

Published: 24 Jan 2021 - 08:19 am | Last Updated: 01 Nov 2021 - 03:37 am
Qatar Chamber Board Member and Chair of Qatari-Russian Business Council Eng. Ali bin Abdullatif Al Misnad during the meeting.

Qatar Chamber Board Member and Chair of Qatari-Russian Business Council Eng. Ali bin Abdullatif Al Misnad during the meeting.

The Peninsula

Doha: Qatar will participate as the guest country in the upcoming Saint Petersburg Internatiowal Economic Forum (SPIEF) which will be held in June 2021.

In this connection, the Qatar Chamber (QC) hosted on Thursday a virtual introductory meeting in cooperation with the Qatari-Russian Center for Cooperation (QRCC). Held under the theme ‘Qatari-Russian Cooperation Opportunities’, the webinar aimed at reviewing means of boosting commercial and economic ties between Qatar and Russia, as well as identifying the latest developments regarding the Qatari participation in SPIEF. 

The event witnessed participation of QC Board Member and Chair of Qatari-Russian Business Council Eng. Ali bin Abdullatif Al Misnad and Chairman of the Supervisory Board of the QRCC Fahad bin Mohammed Al Attiyah. A number QC board members also attended the event. Addressing the event, Al Misnad stressed the importance of holding webinar in identifying the preparations related to Qatar’s participation in SPIEF as guest country, noting that SPIEF is an international forum that has been held since 1997.

Underscoring importance of SPEIF, Al Misnad said the forum represents a genuine opportunity for participants to sign and conclude agreements and deals between institutions, as well as discuss key economic issues facing the world. 


Qatari and Russian officials participating during the virtual meeting held recently. 

He expressed his hope that the webinar would help participants learn more about the Qatari participation in SPIEF, noting that during the Qatar Chamber’s participation in the last edition of SPIEF held in 2019, it has signed MOU with Roscongress Foundation, which is the organiser of the forum. The Chamber will participate in the next version of the forum within the pavilion of the State of Qatar, alongside several ministries, institutions, and economic and developmental bodies in the country. 

Al Misnad also expressed his confidence that SPIEF will contribute to strengthening cooperation relations between the two countries, especially between the Qatari private sector and its Russian counterpart. 

“SPIEF provides an important platform for identifying the attractive investment climate in Qatar and promoting the Qatari economy in general and private sector projects in particular, as well as exploring the investment opportunities available in Russia and discussing the possibility of establishing alliances and joint projects between Qatari and Russian businessmen,” he added.

He also emphasised that the Qatari-Russian Business Council is making tireless efforts to enhance cooperation and partnership between the two sides.

In his opening remarks, Al Attiyah emphasised that the SPIEF is the largest investment and economy-focused event of its kind in Eastern hemisphere. 

He also marked the significance of the State of Qatar being officially invited as Guest Country at SPIEF 2021, an honour which enables Qatar to enhance bilateral investment and trade ties between the two nations, while also opening up considerable opportunities for Qatari companies to set up partnerships with Russian companies. 

“The role of the QRCC is to bring together Qatari and Russian businessmen prior to SPIEF 2021 for discussions on deals, and to facilitate their investment and trade fields between them, to ensure tangible deals and agreements at SPIEF 2021 as well as successful bilateral cooperation,” he added.

QC Board Member Ibtihaj Al Ahmadani also called for a wider participation of Qatari businesswomen at the forum to learn about investment opportunities available in Russia, stressing that Qatar is a robust and promising market for Russian businesswomen in numerous aspects of cooperation. 

During the webinar, several presentations were delivered by QRCC’s CEO Diana Charmadova, QRCC’s CBO Doha Office Uzair Mohammed, Director of Office of Knowledge and Innovation Andrey Egorov and CEO of Qatar-Russia Investment and Trade Advisory Oleg Chizh.