Qatar strengths business relations with Poland

Economy minister says pacts to strengthen bonds. The Minister of Economy and Commerce HE Sheikh Ahmed bin Jassim bin Mohamed al-Thani, has stressed the importance of strengthening bilateral relations between the State of Qatar and the Republic of Poland, particularly as they share a promising vision and great aspirations for the stability and prosperity of their people.
This was said yesterday, in the minister’s inaugural speech  at the Qatari-Polish Forum, which was held in Warsaw, coinciding with the visit of HH the Emir Sheikh Tamim bin Hamad al-Thani to the Republic of Poland, with the participation of a large number of Qatari and Polish ministers and officials.

Officials and dignitaries at the Qatari-Polish Forum held in Warsaw
Officials and dignitaries at the Qatari-Polish Forum held in Warsaw
The minister said that the two countries have great potential to increase co-operation in various fields, pointing out that the value of Qatar’s exports to Poland rose significantly during 2016 to reach about $325mn. Meanwhile, the value of Polish exports to the State of Qatar has continuously increased over the past five years to reach $133mn in 2016.
He noted that the economic agreements signed between the two countries can allow stronger bonds between the economies, pointing out that investors can benefit from the strategic location of the State of Qatar, which represents a distinctive link between the East and the West. And also that Qatar’s logistical infrastructure can be used to export industrial and agricultural products to the Middle East, Asia and Europe, in addition to the possibility of benefiting from Qatar Airways, the new port, and the economic zones in the country.
The minister pointed out that the State of Qatar can be a gateway for the transit of Polish products to the common market of the Gulf Co-operation Council (GCC) countries, as well as the Greater Arab Free Trade Area. In this context, he called on citizens to invest more in the competitive sectors in the Republic of Poland, specifically in the sectors concerned with the industrial sector.
The minister also highlighted the State of Qatar’s excellent infrastructure and its status as the biggest exporter of natural gas in the world.  He also reviewed the policies the State of Qatar undertook to create an investment-friendly environment in different economic projects. He noted that the State of Qatar’s GDP growth approached 4%, despite the volatility in oil prices in the past two years, adding that such growth reflected the strength and flexibility of the economy.
He added that Qatar has succeeded in developing a world-class infrastructure over the past few years, citing Hamad International Airport, one of the largest airports in the world, with a capacity that will shortly reach 50mn passengers annually and the new Doha Port, the capacity of which is estimated at 7.5mn containers, as well as the country’s highways network. The minister expressed hope that the forum would represent an opportunity to put in place practical mechanisms to advance the level of economic co-operation, increase the volume of trade and investment exchange, and create new partnerships and investments between Qatari and Polish businessmen. For his part, the Polish Deputy Prime Minister, Jaroslaw Gowin, hailed the excellent relations between Poland and Qatar, adding that his country looks at Qatar as a strategic trading partner. Poland imports most of its natural gas needs from Qatar, he explained.
The Polish Deputy Prime Minister also praised the meeting held between businessmen from both the countries, and  called to create partnerships that benefit from the opportunities available in both countries. The Qatari-Polish Business Forum witnessed the holding of three workshops, during which the Qatari side reviewed a number of projects, including the most important investment projects for the 2022 World Cup, discussed the challenges facing the Qatari energy sector and also reviewed the prospects of co-operation.