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 H.E Minister of Economy and Commerce meets with Pakistan’s Minister of Trade and Textile
 
H.E Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, Minister of Economy and Commerce, met on July 5, 2018 with H.E Mian Misbah Al-Rehman, Pakistan’s Minister of Trade and Textile. The meeting took place during a visit of H.E  Minister of Economy and Commerce to Pakistan.
 
Discussions touched on the promotion of bilateral relations between Qatar and Pakistan on the economic and commercial levels as well as the opportunities to bolster bilateral trade in light of the economic potential and resources of both countries.
Both parties also discussed mechanisms to support joints investments and encourage the private sectors to establish innovative joint investment projects across key sectors in line with the economic policies of both countries.
Both parties stressed the importance of exchanging visits between Qatari and Pakistani businessmen and encouraging cooperation between government agencies and the private sector to the benefit of both countries.
Discussions also touched on the latest developments that the Qatari economy witnessed over the past years and the investment incentives that Qatar is offering across all fields as well as the initiatives launched to support the private sector and bolster its contribution to overall economic development and attracting foreign direct investment.
The meeting also shed light on the measures taken by Qatar to encourage and attract investments, including a draft law to regulate non-Qatari capital in economic activity, which allows foreign investors 100% ownership across all sectors and facilitates the access of investors into the Qatari market.
Qatar and Pakistan enjoy close economic and trade relations, which have reflected positively on the volume of bilateral trade, which reached about QR 5.86 billion in 2017.
More than 851 Pakistani companies currently operate in Qatar, of which 6 are fully owned Pakistani companies operating in the banking, hospitality services, contracting and engineering fields.