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27 Apr 2016

Qatar to invest in mutually beneficial projects in Belarus

MINSK, 27 April (BelTA) – Qatar will invest in mutually beneficial projects in Belarus. The relevant agreement was reached during the third session of the Belarusian-Qatari intergovernmental commission in Doha, Qatar, the press service of the Belarusian Ministry of Foreign Affairs told BelTA.

The session resulted in concrete agreements on stepping up and diversifying Belarusian export, on attracting Qatari investments for implementing mutually beneficial projects in Belarus. The sides also agreed to expand interbank cooperation, advance interaction in the sphere of industry, civil engineering, civil aviation. The sides agreed to increase tourism exchange and the number of bilateral contacts in sport, education, and science.

As part of the event Belarusian Trade Minister Vladimir Koltovich met with Qatari Interior Minister Abdallah bin Nasir bin Khalifa Al Thani and Economy and Trade Minister Ahmad bin Jasim bin Muhammad Al Thani to discuss the most important and promising areas for advancing mutually beneficial bilateral cooperation. The second session of the Belarusian-Qatari business council took place under the aegis of the chambers of commerce and industry of Belarus and Qatar. A business forum of representatives of the business circles of the two countries was arranged in addition to a presentation of Belarus’ investment and tourism opportunities. Productive direct talks between top executives of Belarusian and Qatari companies, who are interested in establishing and expanding cooperation, took place.

These and other events were organized during the visit of Belarusian Trade Minister Vladimir Koltovich to Qatar. He led a delegation of over 20 representatives of Belarusian government agencies and business circles. As a result of the visit a number of bilateral documents were signed, including a memorandum of understanding on cooperation in sport between the Belarusian Sports and Tourism Ministry and the Culture and Sport Ministry of Qatar and an agreement on cooperation between Eximgarant of Belarus and the Qatar Development Bank.

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