His Excellency Mr. Ali bin Ahmad Al Kuwari, Minister of Commerce and Industry, held on Monday, November 11, 2019, separate meetings with His Royal Highness Mr. Haakon Magnus, Crown Prince of Norway, and H.E. Mr. Torbjørn Røe Isaksen, Norway’s Minister of Trade and Industry.

Discussions touched on the promotion of bilateral relations and the development of joint cooperation, particularly in the fields of trade, investment and industry in light of the friendly ties and strategic interests that both countries.

The meeting focused on the latest developments that the Qatari economy witnessed over the past years, the investment opportunities that Qatar offers across various sectors and the legislations that the state enacted as well as initiatives aimed at supporting the private sector, attracting foreign direct investment and encouraging Norwegian companies to invest in Qatar.

Discussions also touched on mechanisms to support joint investments and incentivize the private sector to establish innovative investment projects in key sectors that would serve the economic aspirations of both countries.

Qatari-Norwegian bilateral trade reached around QR 160.1 million in 2018, the equivalent of US 43.86 million.