Qatar Chamber (QC) yesterday signed a Memorandum of Understanding (MoU) with the Serbia Chamber of Commerce and Industry to establish a joint Business Council in an effort to increase cooperation between the Qatari and Serbian private sectors as well as increase the exchange visits between businessmen of both sides.
The MoU was signed during a meeting held at Qatar Chamber’s headquarters in the presence of a number of Qatari businessmen and their counterparts from Serbia. Representatives of 14 Serbian companies seeking trade alliances in Qatar were also present during the event.
The MoU was signed by Qatar Chamber’s First Vice-Chairman Mohamed bin Ahmed bin Towar Al Kuwari and Jelena Jovanovic, the head of the Serbian delegation and Director of the International Economic Relations Sector at the Chamber of Commerce & Industry of Serbia.
The meeting was also attended by Qatar’s Ambassador to Serbia Sheikh Mubarak bin Fahad Al Thani, Serbia’s Ambassador to Qatar Jasminko Pozderac, and QC’s Board Member Mohamed bin Ahmed Al Obaidli.
In a speech, Al Kuwari, said that Qatar and Serbia enjoy good and developing relations due to the interest and desire of both countries’ leadership to develop these relations.
He also said that trade between both countries reached $26mn last year, which is fairly positive despite both countries facing blockade issues.
Al Kuwari also called on Qatari and Serbian companies to explore business and investment opportunities available in both sides and build genuine partnerships for the advantage of enhancing trade exchange.
He also called on Serbian companies to invest in Qatar and benefit from incentives offered by the government and the attractive investment climate as well as the legislative environment that attract foreign investment.
Meanwhile, Jovanovic praised the relations between both countries and added that the signing of the MOU to establish a joint business council would help in promoting cooperation between Qatari and Serbian firms in various industrial sectors.
She also said: “This MOU will pave the way for successful collaboration between both countries and achieve mutually beneficial business goals in the near future”.
During the event, Jovanovic also delivered a presentation about Serbia including its economy, investment climate, and opportunities, and reiterated that the main sectors in Serbia are services, industry, agriculture, and construction.