Pakistan desires to further extend bilateral relations with Qatar: FM

Islamabad- Member Qatar’s Royal family and chairman Pak-Qatar Takaful Group Sheikh Ali Abdullah Thani Al Thani called on Foreign Minister Shah Mahmood Qureshi in Islamabad today (Tuesday).

During the meeting, views were exchanged on matters of mutual interest, including bilateral relations, economic and trade cooperation.

Welcoming Sheikh Ali Abdullah Thani Al Thani, Shah Mahmood Qureshi said Pakistan want to further enhance bilateral relations with Qatar, especially to promote economic cooperation.

Briefing the Foreign Minister of Pakistan about Pak-Qatar Al-Takaful Group’s ongoing business activities in Pakistan,

Sheikh Ali Abdullah Thani Al Thani said that his country is determined for more investment in Pakistan.

Shah Mahmood Qureshi said the government is fully focusing on economic priorities and Pakistan consists of a huge market of 220 million people, offering massive investment opportunities.

He said we are offering various facilities, including E-Visa, to foreign investors to do business in Pakistan. He said Qatari companies can earn best profit by investing in various sectors of Pakistan including construction, information technology, infrastructure development, banking and tourism.

The Pakistan Foreign Minister expressed good wishes for His Excellency Emir of Qatar Sheikh Tamim bin Hamad Al Thani.

Parliamentary delegation from Qatar led by Sheikh Ali Abdullah Thani Al Thani also called on Chairman Senate Muhammad Sadiq Sanjrani in Islamabad today (Tuesday).

Both the sides expressed satisfaction on the progress of bilateral relations in the realm of trade and investment.

Chairman Senate said that Pakistan is committed to transform its brotherly relations with Qatar into a strong political and economic partnership.

He said Pakistan offers investment friendly atmosphere in the whole region and is known for its independent policies. He said every extend cooperation will be extended to Qatar Investment Authority to invest in Pakistan.

Sheikh Ali Abdullah Sani Al Thani, who is also a member of the Qatari Royal family, recorded his impressions in visitors’ book.

Deputy Chairman Senate Mirza Muhammad Afridi hosted a luncheon in honor of the visiting delegation.

Later, President Dr Arif Alvi has said that Pakistan is committed to transform the existing relations with Qatar into a more robust political and economic partnership for the mutual benefits of the two countries. He said that Pakistan and Qatar enjoyed excellent relations which needed to be further strengthened in the areas of trade, economy and investment. The President expressed these views while talking to a visiting Qatari delegation, led by Shiekh Ali Abudllah Thani Al-Thani, member of the Qatari royal family, which called on him, at Aiwan-e-Sadr, today.

The President informed the delegation that Pakistan offered most liberal and investment-friendly regime in the region and Qatari investors needed to benefit from it. The President welcomed the Qatar Investment Authority (QIA)’s interest in investing in various sectors of Pakistan’s economy. He expressed the hope that direct linkage between Karachi and Hamad ports would further enhance bilateral trade between the two countries. He briefed the delegation about the economic performance of Pakistan, saying that Pakistan’s economy was growing well despite the COVID-19 pandemic. He informed that Pakistan’s ranking in the Ease of Doing Business Index had considerably improved and Qatari investors needed to take advantage of the investment-friendly environment.