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Moldova and Qatar aim to strengthen bilateral trade

Last week, HE Mohammed bin Ahmed bin Tawar, Vice President of Qatar's Chamber of Commerce and Industry, welcomed a delegation of the Qatari-Moldovan Friendship Association, headed by the former Ambassador of Moldova to the State, Victor Tefron. The meeting served to discuss the joint cooperation and relations between the two sides and to establish partnerships in a number of sectors. The Chamber's vice president said that the volume of trade between the two countries has the potential to grow, noting that there are opportunities for joint investments between the two sides.

Bin Tawar explained that the Chamber is ready to provide the necessary support to any Moldovan entrepreneurs wishing to invest in the Qatari market. The local business community will also be informed about the investment opportunities and incentives offered by the Republic of Moldova.

Mr Victor Tefron said Qatar is an important trading centre in the region, and that Moldova is seeking to expand its investments and business in the region through Qatar. He added that the private sector in Moldova is targeting long-term mutual investments with Qatari entrepreneurs.

The head of the Moldovan delegation pointed out that food security, construction and information technology are among the most promising sectors for Qatari investors. Agriculture represents about 40% of the national income. Fresh fruits and vegetables are also of high quality. He added that there are investment opportunities available in the fields of dried vegetables, elevators, equipment and medical supplies. The former Moldovan ambassador called for a Moldovan business forum to be held to discuss broader deals and alliances.


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