Hanoi:Key areas of cooperation between Qatari and Portuguese companies, particularly in sectors such as hospitality, fintech, and retail, have been explored by Qatar Chamber (QC).
According to Qatar News Agency, this assessment took place during a meeting on Monday between Mohamed bin Ahmed bin Twar Al Kuwari, First Vice Chairman of Qatar Chamber, 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 emphasized the strong bilateral relations and noted that Qatari investors are keen on exploring investment opportunities in Portugal. He highlighted the potential for joint ventures to enhance cooperation with Portuguese counterparts and expand reciprocal investments.
He also stated that Qatar's market is open to foreign investments in various sectors. Twar stressed the importance of utilizing Portuguese expertise and technology to establish projects and investments in Qatar.
Frasquilho, representing the Portuguese side, expressed interest in exploring investment opportunities in Qatar, focusing on fintech, services, and retail sectors.
Both parties discussed creating a joint Qatar-Portugal Business Council to include representatives from the business communities in both countries. This council would aim to strengthen trade and investment relations, broaden private-sector cooperation, and explore opportunities for partnerships and joint ventures.