ISLAMABAD – Caretaker Federal Minister for Commerce, Textile and IndustryProduction, Mian Misbah-ur-Rehman has expressed that Qatar could procuregoods and services from Pakistan for the upcoming FIFA World Cup, scheduledto be held in the Middle Eastern country in the year 2022.
“As Qatar is preparing for hosting FIFA World Cup 2022, substantial scopeexists for procurement of goods and services from Pakistan,” the ministersaid while addressing the Pakistan-Qatar Business Conference.
Pakistan-Qatar Business Conference which held in Islamabad was attended bybusinessmen from different sectors of the economy from Qatar and Pakistanto explore ways and means for enhancing trade cooperation between the twobrotherly countries.
The minister also suggested the formation of a joint working group on tradeand investment for regular interaction; He stressed for enhancing thevolume of bilateral trade.
He said that Pakistan’s exports to Qatar have shown an increase of 80percent in 2017-18 but in value terms, it was only an increase of 37million dollars.
The Minister invited Qatar to invest in Agriculture, food-processing andpetrochemical industry in Pakistan.
He expressed the hope that this conference would prove a driving force inpromoting business to business interactions and public-private partnershipsbetween the two countries.
Speaking on the occasion, Qatari Minister for Economy and Commerce, Sheikh Ahmed bin Jassim bin Mohammed Al Thani said that currently therewere about 851 companies operating in Qatar jointly owned by Pakistanis andQataris in various fields of economy.
He expressed the hope that the current business conference would pave wayfor many mutual agreements beneficial for both the countries.
“Qatar is open to Pakistani investors who would be welcomed to invest indifferent sectors, particularly in Hamad Seaport.” said Sheikh Ahmed binJassim.