Doha, November 11 (QNA) – Qatar Chamber (QC) hosted the Qatar-Uzbekistan Business Meeting on Monday.

The meeting was attended by QC First Vice-Chairman Mohamed bin Ahmed bin Twar Al Kuwari and Deputy Minister of Investment, Industry, and Trade of Uzbekistan Shokhrukh Gulamov.

Also present were several Qatari and Uzbek business owners.

The meeting focused on reviewing trade and economic relations, as well as the investment climate and opportunities available in both Qatar and Uzbekistan, with particular emphasis on sectors such as trade and investment, industry, healthcare, agriculture and food, energy, infrastructure, tourism and hospitality, sports training, and real estate.

It also discussed the potential for establishing joint ventures and business alliances between Qatari and Uzbek companies.

Speaking at the meeting, Al Kuwari underscored the significance of the meeting in enhancing and developing cooperative relations between the business sectors of both friendly countries.

He said that Qatar is keen to strengthen its relations with Uzbekistan, noting that these ties are reflected in mutual visits and the signing of agreements and MoUs across various fields.

Despite these advancing relations, he noted that trade exchange between the two countries remains below expectations, affirming the private sectors role in boosting trade by establishing joint ventures and investments.

Al Kuwari invited companies from Uzbekistan to invest in Qatar and to form commercial alliances with Qatari counterparts. He further encouraged Qatari investors to explore the abundant opportunities in Uzbekistan.

He pointed out that the State of Qatar enjoys a world-class infrastructure, pioneering legislation, investment incentives and facilitation of procedures, which encourages many international companies and foreign investors to invest in it.

He emphasized that QC welcomes efforts to enhance cooperation between companies from both sides, highlighting its readiness to support Uzbek investors interested in Qatar by providing information on the countrys investment climate and opportunities.

In his remarks, Gulamov described Qatar as a global investment platform and expressed the desire of Uzbekistan’s government and private sector to enhance cooperation with Qatari business sectors.

He noted that the Uzbekistan delegation included 40 companies from sectors such as agriculture, food processing, mining, and healthcare, with the aim of discussing partnerships and concluding business deals with Qatari companies.

Gulamov emphasized the importance of such meetings in strengthening cooperation between the private sectors of both countries and providing opportunities for Qatari and Uzbek companies to discuss joint projects.

He noted that these efforts could significantly increase bilateral trade, especially given the abundance of available investment opportunities.

For his part, QC Board Member Abdulla bin Mohamed Al Emadi stated that the QC is prepared to assist companies from Uzbekistan wishing to enter the Qatari market and collaborate with their Qatari counterparts.

He also emphasized the interest of Qatari business owners in learning about opportunities available in Uzbekistan across various sectors. (QNA)