Doha, October 12 (QNA) - Qatar Chamber (QC) has explored key areas of cooperation between Qatari and Portuguese companies, particularly in hospitality, fintech, retail, and other sectors of mutual interest.

This came during a meeting held on Monday between First Vice Chairman of Qatar Chamber, Mohamed bin Ahmed bin Twar Al Kuwari, and Vice President of the Arab Portuguese Chamber of Commerce and Industry and Chairman of the Advisory Board of the L'Or Investment Group, Miguel Frasquilho.

Twar praised the strong ties between the two nations, noting that Qatari investors are interested in exploring investment opportunities in Portugal, strengthening cooperation with their Portuguese counterparts through joint ventures, and expanding reciprocal investment.

He affirmed that the Qatari market is open to foreign investment across various sectors, emphasizing the importance of leveraging Portuguese expertise and technology through cooperation with Qatari partners to establish projects and investments in Qatar.

For his part, Frasquilho affirmed that Portuguese investors are interested in exploring investment opportunities in Qatar, particularly in fintech, services, retail, and other sectors.

The two sides also discussed the possibility of establishing a joint Qatar-Portugal Business Council comprising representatives of the business communities in both countries, with the aim of strengthening trade and investment relations, broadening private-sector cooperation, and exploring opportunities to establish partnerships and joint ventures. (QNA)