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

Qatar

Economy Minister meets investors ahead of US visit

Published: 26 Mar 2018 - 09:13 am | Last Updated: 01 Nov 2021 - 10:20 pm
H E Sheikh Ahmed bin Jassem bin Mohamed Al Thani, Minister of Economy and Commerce; Sheikh Faisal bin Jassem Al Thani, Chairman of Qatar Businessmen Association; and Sheikh Khalifa bin Jassem Al Thani, Chairman of Qatar Chamber of Commerce; during a meeti

H E Sheikh Ahmed bin Jassem bin Mohamed Al Thani, Minister of Economy and Commerce; Sheikh Faisal bin Jassem Al Thani, Chairman of Qatar Businessmen Association; and Sheikh Khalifa bin Jassem Al Thani, Chairman of Qatar Chamber of Commerce; during a meeti

The Peninsula

DOHA: As part for the preparation for the visit to the US next month, H E Sheikh Ahmed bin Jassem bin Mohamed Al Thani, Minister of Economy and Commerce, yesterday held a meeting with a group of Qatari businessmen and investors. 

The meeting was held in the presence of Shiekh Faisal bin Jassem Al Thani, Chairman of Qatar Businessmen Association, and Sheikh Khalifa bin Jassem Al Thani, Chairman of Qatar Chamber of Commerce, at the Ministry’s headquarters in Lusail.

The meeting discussed the latest preparations and coordination for the visit to be led by the Minister. 

The visit will be in conjunction with the visit of  Emir H H  Shiekh Tamim bin Hamad Al Thani, to the US.

H E The Minister of Economy and Commerce , stressed the importance of this visit, which will include several cities in the US, with the aim of increasing the trade volume between the two countries, increase the volume of investments and attract more American investors to Qatar.

The Minister highlighted the historic friendship between  Qatar and the US and Qatar’s keenness to strengthen the bonds of cooperation in all fields not only at economic level.  He called on the Qatari businessmen and investors to introduce Qatari investment opportunities to US investors. He also called for establishment of investment portfolios in various sectors to help businessmen and investors to build partnerships with US companies and engage in successful investments.

H E Sheikh Ahmed also called on the businessmen and investors to unite their efforts in order to make the visit successful by offering advantages of investment in Qatar and available facilities to foreign companies. 

He also highlighted the importance of the Qatari laws and legislations that have contributed to provide with attractive investment environment. He added that these laws allow foreign investors to implement their projects in various sectors with 100 percent ownership.

In this context, he stressed on the importance of introducing the potentials and capabilities that characterise Qatar and its economic openness by strengthening its logistics base and strengthening cooperation with its various trading partners around the world. 

In addition to the advantage of Qatar’s strategic position to serve as a commercial hub in the Arab region and different countries of the world. He also pointed to the need to introduce the amendments recently approved by the State to some provisions of the Free Zones Law as an important step in strengthening Qatar’s position as a leading investment destination in the region. 

The minister said the “This law provides with many advantages and incentives for investors, including freedom to choose the legal form of the project, exemption of capital assets and production requirements, exports and imports of taxes and fees, which enhances the flexibility and ease the flow of goods and services from and to Qatar.

The meeting witnessed an interactive dialogue between H E the Minister of Economy and Commerce and the participants.