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Minister of Commerce and Industry HE Ali bin Ahmed al Kuwari and Kazakhstan’s Minister of National Economy Raslan Dalenov co-chaired the fifth session of the Qatari-Kazakh Joint Higher Committee, which was held in Nur Sultan on February 13-14.
Discussions touched on the promotion of bilateral cooperation in various sectors of mutual interest to both countries, the Ministry of Commerce and Industry said in a statement on Sunday.
Speaking at the opening session, Kuwari highlighted the friendly relations, strong ties and bilateral cooperation between Qatar and Kazakhstan, urging increased efforts to establish a strategic partnership in the trade and investment fields.
He called for increased cooperation on the governmental level to engage the Qatari and Kazakh business sectors in dialogue and to enable the private sector in both countries to enter into successful investment partnerships that will bolster bilateral relations.
The minister noted the importance of following up on the recommendations issued by the Qatari-Kazakh Joint Higher Committee during its previous session in Doha, particularly when it comes to the activation of the agreement on the establishment of a joint businessmen council, which was signed in 2008 to bolster bilateral investments and trade.
He also hailed the progress achieved in terms of the signing of new memoranda of cooperation on the protection and promotion of mutual investments, and a memorandum of understanding on air transport to operate seven flights between the cities of Doha and Nur Sultan and seven additional flights between Doha and the city of Almaty.
The MoU will pave the way for further collaboration in the tourism field, he said.
Kuwari said Qatar is looking forward to contribute to the privatisation programme that Kazakhstan is currently undertaking, and boost investments into sectors that will serve the development orientations of both countries.
Touching on Qatar’s economic performance, he said the country has succeeded in achieving balanced economy.
In this context, Qatar has sought to accelerate the implementation of initiatives and measures aimed at cementing its leading position as a leading regional investment and business hub, Kuwari said, noting that Qatar has worked on improving its business environment to attract foreign investors.
Qatar is capitalising on its advanced infrastructure such as Hamad International Airport, Hamad Port, free zones and logistical and industrial areas, he added.
“Thanks to these efforts, Qatar has been ranked among the top 20 countries to undertake reforms to improve the ease of doing business for the year 2020,” Kuwari noted.
The fifth session of the Qatari-Kazakh Joint Higher Committee touched on cooperation in sectors of mutual interest.
The committee discussed issues related to strengthening cooperation between both countries in various fields, including the trade, investment, industry, agriculture, health, education, infrastructure and energy sectors.
The two sides also agreed to take the necessary steps to bolster commercial, investment and industrial cooperation with the aim of increasing bilateral trade and easing the flow of goods, services and investments between both countries.
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17/02/2020
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