04 June 2023

Chairman of Qatari Businessmen Association to QNA: Uzbekistan is Important Gateway to Large Market

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Doha, June 04 (QNA) - HE the Chairman of the Qatari Businessmen Association (QBA) Sheikh Faisal bin Qassim Al-Thani said that as part of its strategy to diversify and expand its revenues within the framework of the global trend of finding sources of income other than energy, the State of Qatar is interested in building economic relations with the countries of the world.

Therefore, it has worked over the past years to expand its relations with the countries of Central Asia because of the economic and investment opportunities in them and the potential of bringing great benefits to both sides.

With regard to HH the Amir Sheikh Tamim bin Hamad Al-Thani's upcoming visit to Uzbekistan, the first leg of a Central Asian tour, HE Sheikh Faisal bin Qassim Al-Thani said in remarks to QNA, that the visit is important, as this country possesses natural resources and natural gas, which opens the way for Qatari companies to invest in it in the sectors of energy, agriculture, medicine, banking, halal industry, and others, pointing that Uzbekistan has carried out legislative reforms and issued economic laws, which contributed to increasing its attractiveness to investment.

He added that Uzbekistan is an important gateway to a market with more than 300 million consumers due to its strategic geographical location in Central Asia. "We have great interest in developing trade and economic relations with Uzbekistan, due to the importance of the agricultural sector," he said explaining that Uzbekistan exports 60 percent of its agricultural products to Asian countries and Russia.

HE Chairman of QBA stressed the importance of establishing a joint business council between businessmen between the two countries, which facilitates communication and identifying available opportunities, and enhances possibilities for establishing effective partnerships between Qatari and Uzbek companies. He also underlined QBA readiness to participate in such councils.

Concluding his remarks to QNA, HE Chairman of QBA said: "We call on friendly countries to establish a joint fund between the associations and companies in these countries, and the governments can also participate in it, as it facilitates the process of exploring opportunities in various fields, in addition to exporting products. and marketing them around the world."



Economy, Qatar
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