Qatar Chamber takes stock of trade and investment cooperation with Portugal

Qatar Chamber (QC) has examined prospective avenues for collaboration between Qatari and Portuguese businesses, with a focus on sectors such as hospitality, fintech, retail, and others of mutual interest. This exploration unfolded during a meeting convened on Monday between Mohamed bin Ahmed bin Twar Al Kuwari, the First Vice Chairman of QC, and Miguel Frasquilho, Vice President of the Arab Portuguese Chamber of Commerce and Industry and Chairman of the Advisory Board of the L Or Investment Group.

Twar commended the robust relationship between the two nations, highlighting the interest of Qatari investors in exploring investment prospects in Portugal. He further affirmed that the Qatari market is receptive to foreign investment across various sectors, underscoring the significance of leveraging Portuguese expertise and technology through joint ventures with Qatari partners to establish projects and investments in Qatar.

Frasquilho, in turn, stated that Portuguese investors are keen on identifying investment opportunities in Qatar, particularly in areas such as fintech, services, retail, and other sectors. Both parties also deliberated on the potential establishment of a joint Qatar-Portugal Business Council, composed of representatives from the business communities in both countries.

This council's objective would be to enhance trade and investment relations, broaden private-sector cooperation, and uncover opportunities to forge partnerships and joint ventures.