Economy

Qatar, Canada sign deal to establish joint committee for economic, trade, and technical cooperation

This memorandum aims to strengthen the bilateral partnership and develop institutional cooperation mechanisms between the two countries.

 Qatar and Canada signed a memorandum of understanding to establish a joint committee for economic, trade, and technical cooperation, on the sidelines of the official visit of HE Dr. Mark Carney, Prime Minister of Canada, to Doha. 

Signing on behalf of Qatar was HE Dr. Ahmed bin Mohammed Al-Sayed, Minister of State for Foreign Trade, while HE Anita Anand, Minister of Foreign Affairs of Canada, signed on behalf of the Canadian side.

This memorandum aims to strengthen the bilateral partnership and develop institutional cooperation mechanisms between the two countries. It seeks to expand economic, trade, and technical collaboration; promote the exchange of expertise and information; support joint investment opportunities; enhance private-sector participation; encourage partnerships between the business communities of both countries; and follow up on the implementation of initiatives and projects of mutual interest, in a manner that serves shared interests and advances bilateral economic relations.

Separately, HE Dr. Ahmed bin Mohammed Al-Sayed held a bilateral meeting with HE Mélanie Joly, Minister of Industry and Minister responsible for Economic Development in the regions of Quebec.

Discussions during the meeting focused on reviewing trade and investment relations between the State of Qatar and Canada, exploring ways to further strengthen cooperation, and addressing a number of issues of mutual interest.

© ZAWYA 

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

Global economic outlook hangs in balance between geopolitical headwinds and AI boost, WEF Chief Economists’ Outlook warns

Nearly nine in ten chief economists surveyed expect global growth to weaken over the next…

3 days ago

Availability, accessibility, affordability of quality food are vital for food security, says FAO

The Director-General emphasised that the “Four Levels of Food” provide a crucial roadmap for enhancing…

3 days ago

Global economic outlook hangs in balance between geopolitical headwinds and AI boost, WEF Chief Economists’ Outlook warns

Chief economists already rank the current closure duration of the Strait of Hormuz as significantly…

3 days ago

South Asia opens up: How trade reforms impact households and sectors

Over the next decade, about 280 million people will come of working age in South Asia.…

3 days ago

Can we even measure progress? The state of development data

Imagine you’ve just been appointed Minister of Finance. Tomorrow morning, you must decide where to…

3 days ago

Frontier market economies: Seven insights on global financial integration and rising debt

Over the next quarter-century, today's frontier markets are projected to add more individuals to the…

3 days ago