QC discusses fostering trade ties with Honduras

In Doha, Qatar, the First Vice Chairman of Qatar Chamber, Mohamed bin Ahmed bin Twar Al-Kuwari, met with Karim Qubain, President of the Cortés Chamber of Commerce and Industry in Honduras. The gathering focused on bolstering trade and economic relations between the two nations, identifying investment prospects, and pinpointing areas of collaboration between their respective private sectors.

During the meeting, Mohamed bin Twar underscored his eagerness for enhanced economic and trade ties between Qatar and Honduras. He revealed that Qatari investors are keen on exploring investment opportunities in Honduras. To fortify cooperation, he emphasized the importance of signing a memorandum of understanding (MoU) between the QC and the CCIC.

This would not only streamline communication between the business communities but also encourage exchanges of trade delegations to uncover potential business and investment opportunities.

Qubain lauded Honduras' interest in deepening its partnership with Qatar, pointing to the country's promising prospects in sectors such as mining, tourism, and its vast natural resources. He extended an invitation to the QC and Qatari businesspersons to visit Honduras to examine the investment opportunities available. He stressed the significance of signing an MoU between the two chambers to set a framework for cooperation and nurture partnerships between businesses in both countries.

Furthermore, Qubain highlighted the incentives Honduras offers to foreign investors, including tax exemptions and measures to streamline business establishment. He expressed optimism about exporting Honduras' high-quality products to the Qatari market, thereby fostering mutual economic growth through trade and investment.