Qatari-Russian Business Council signs MoU on co-operation, investment, information exchange


A view of the Qatari-Russian Business Council meeting, held in Moscow.

The Qatari-Russian Business Council has signed a memorandum of understanding (MoU) between Qatar and Russia on co-operation, investment and information exchange during its regular meeting held in Moscow. During the meeting, the council reviewed mutual interests in the trade and economic fields. The Qatari side was headed by Qatar Chamber board member engineer Ali bin Abdullatif al-Misnad, while the Russian side was headed by Ahmed Blancoev. Qatar’s ambassador to Russia Fahd bin Mohamed al-Attiyah said he hopes that the activities of the two chambers will serve as an extension of the efforts of the two leaderships in promoting bilateral relations.

The Qatari delegation, which includes a number of Qatari businessmen, held a meeting with the deputy chairman of the Council of the Russian Federation, Ilyas Umakhanov. The meeting was attended by a number of legislators and members of the relevant parliament committees.Umakhanov called on the Qatari side to establish direct contacts with Russian regions. The Qatari side showed keen interest in the potential of Russian regions, especially with regard to participating in an international investment forum to be held in the Caucasus this year. The Qatari delegation had met with the president of Moscow Chamber of Commerce and Industry (MCCI), Vladimir Platonov. The meeting was attended by a number of prominent Russian businessmen, where a historical overview of each of the two chambers and the potentials that both sides have were presented.

Platonov confirmed the MCCI’s readiness to provide the Qatari side with all available information on open investment opportunities in the Russian capital, and then put forward the idea of an exhibition of Russian goods in Qatar. The Qatari delegation also met with Russia’s Deputy Minister of Energy, Anatoly Yanovsky, where they discussed co-operation in the field of gas and the preparation for the next session of the joint Qatari-Russian ministerial committee.

Sources and photo-credits: Gulf Times