Pakistan will facilitate Qatar’s investments in renewable energy and tourism sectors

Qatar investment

Pakistan and Qatar decided to boost cooperation in the energy sector as well as encourage and facilitate Qatar’s investments in the country’s renewable energy, tourism, and hospitality sectors. 

Prime Minister Shehbaz Sharif met with Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, at the Diwan-e-Amiri, in Doha. 

According to the details, both sides agreed inter alia to deepen institutional engagement in order to boost bilateral trade, strengthen the association in the agriculture and food departments, generate more opportunities to Pakistanis willing to work in Qatar, increase cooperation in the fields of energy, and promote and expedite Qatar’s investments in Pakistan’s renewable energy, tourism, and hospitality sectors, and enhance cooperation in the domains of defense, aviation, and maritime. 

Moreover, the two leaders also discussed new avenues for mutually beneficial cooperation in the energy sector. 

Read more: Qatar to invest $3 billion in Pakistan’s airports, fuel terminals, LNG plants, solar parks

During their comprehensive meeting, the two sides exchanged views on regional, bilateral, and international issues. They expressed happiness with the upward trajectory of the Pakistan-Qatar bond and decided to work together to further deepen bilateral cooperation in all domains of mutual interest. 

Recalling Pakistan’s long-established relationship with Qatar in the field of LNG cooperation, the prime minister thanked the Amir for Qatar’s investments in fulfilling Pakistan’s energy needs. 

On the arrival of PM Shehbaz Sharif at the Diwan-e-Amiri, he was warmly welcomed by the Amir in an official ceremony and presented with a Guard of Honour. 

Later, the two leaders then held delegation-level consultations. 

The Amir assured the premier of Qatar’s commitment to building a concrete economic partnership with Pakistan. The prime minister expressed gratitude to the Amir for the Qatar Investment Authority (QIA)’s willingness to invest $3 billion in commercial and investment sectors in Pakistan. 

“His Highness stressed the importance of the brotherly and strategic relations between the two countries and their aspiration to enhance economic partnership by raising trade exchange and promoting investments through the Qatar Investment Authority,” Diwan-e-Amiri said. 

Shehbaz Sharif was accompanied by a high-level delegation comprising Cabinet Ministers and senior members, according to the sources. 

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