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Satyendra Pathak
Doha
Botswana President Mokgweetsi Masisi will be visiting Qatar next week to strengthen trade ties between the two countries, the country’s top diplomat in Qatar said on Wednesday.
Talking to Qatar Tribune on the sidelines of a meeting between a large trade delegation from Botswana and Qatar Chamber officials in Doha, Botswana Ambassador to Qatar HE Manyepedza Lesetedi said Masisi’s upcoming visit to Qatar holds a lot of significance as many agreements are expected to be signed to enhance trade and investment ties between the two countries.
While Qatar has identified a number of areas for trade and investment in Botswana, the envoy said, the chances of Qatar signing an agreement to import prime quality beef from Botswana is very high.
“Botswana is known for producing high quality beef that matches the international standards. Our beef is largely accepted in European Union countries. The concerned food entities in Qatar have already entered into talks with the state-owned beef company in Botswana to import beef. A deal to this effect might be signed soon,” he said.
Agreements in areas like mining, agriculture, transport, communication and tourism are also expected to be signed during the president’s visit, he said.
To be accompanied by seven ministers, Lesetedi said, the president will be on a three-day visit to Qatar.
Botswana Ministry of Investment, Trade and Industry Permanent Secretary Peggy O Serame, who led the 60-member Botswana trade delegation, said that Botswana is looking forward to enhancing cooperation relations with Qatar and attracting Qatari investments in sectors of agriculture, industry tourism and infrastructure.
Despite the vast potential for mutual trade and investment ties between the two countries, she said, the trade volume between Qatar and Botswana is currently negligible.
“Qatar is striving to ensure food security in the country. This is an area where Botswana has a lot to offer to Qatar. The land in Botswana is very fertile. We welcome Qataris to invest in our farms and ensure food security for themselves. Livestock is another area where Qataris can
investment,” she said.
Botswana Investment and Trade Centre CEO Keletsositise Olebile, who also attended the meeting, made a presentation on Botswana economy, investment climate and incentives offered by the government to attract foreign investments.
Botswana’s GDP in 2017 reached $17 billion and its exports reached $8.7 billion, he said.
Qatar Chamber First Vice-Chairman Mohamed bin Ahmed bin Twar, who led the Qatari side at the meeting, expressed the hope that the meeting would help in fostering trade and economic ties between private sectors of the two countries.
He called on Qatari businessmen to explore investment opportunities available in Botswana which is one of the fastest growing economies in Africa.
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11/04/2019
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