CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qatar-Croatia Business Meeting focuses on enhancing mutal investments

Published: 03 Feb 2025 - 10:46 am | Last Updated: 03 Feb 2025 - 10:47 am
Minister of Economy and Sustainable Development, H E Ante Šusnjar and Minister of Foreign Affairs of the Republic of Croatia, H E Dr Gordan Grlić Radman witnessing the MoU signing between Second Vice Chairman of Qatar Chamber, Rashid bin Hamad Al Athba and Secretary General of the Croatian Chamber of Economy, Marina Ruzic.

Minister of Economy and Sustainable Development, H E Ante Šusnjar and Minister of Foreign Affairs of the Republic of Croatia, H E Dr Gordan Grlić Radman witnessing the MoU signing between Second Vice Chairman of Qatar Chamber, Rashid bin Hamad Al Athba and Secretary General of the Croatian Chamber of Economy, Marina Ruzic.

The Peninsula

DOHA: Qatar Chamber hosted yesterday, the Qatar-Croatia Business Meeting in the presence of H E Ante Šusnjar, Minister of Economy and Sustainable Development, and Dr Gordan Grlić Radman, Minister of Foreign Affairs of the Republic of Croatia. The Qatari side was led by Rashid bin Hamad Al Athba, Second Vice Chairman of Qatar Chamber.

The meeting was also attended by H E Drago Lovric, Ambassador of the Republic of Croatia to Qatar, along with many business representatives from both countries.

On the sidelines of the forum, Qatar Chamber and the Croatian Chamber of Economy signed a memorandum of understanding (MoU) aimed at strengthening cooperation and coordination between the Qatari and Croatian private sectors. The agreement was signed by Rashid bin Hamad Al Athba and Marina Ruzic, Secretary General of the Croatian Chamber of Economy.

The MoU aims to facilitate the exchange of economic information, particularly regarding foreign trade, production, and export opportunities for businesses in both countries. It also seeks to enhance collaboration on company products and the organization of exhibitions and trade fairs in Qatar an
d Croatia.

Furthermore, the agreement promotes cooperation in exhibitions, exchange visits, and hosting regular meetings for representatives from both sides to explore and develop new avenues for economic partnership and strengthen bilateral trade relations.

For his part, Ante Šusnjar, Croatian Minister of Economy and Sustainable Development, praised the signing of the MoU between Qatar Chamber and the Croatian Chamber of Economy, emphasizing its role in strengthening trade ties and expanding economic cooperation between the two countries.

He highlighted the strong economic potential and shared interests between Qatar and Croatia, noting that Croatia serves as a gateway to the European Union, offering a stable infrastructure and attractive investment opportunities.

The minister further said that the Croatian delegation comprises representatives from 20 leading Croatian companies operating in European markets, specializing in key sectors such as infrastructure, energy, information technology, tourism, and food security.

Šusnjar also underscored Qatar’s significance as a global investment hub, expressing his hope that the Qatar-Croatia Business Meeting would enhance bilateral trade and investment cooperation.

He encouraged Qatari investors to explore opportunities in Croatia, highlighting the country’s favourable investment climate and recent amendments to investment laws aimed at supporting foreign investors and attracting new business ventures.

In his remarks, Rashid bin Hamad Al Athba affirmed that Qatar and Croatia enjoy strong and rapidly growing relations, driven by high-level mutual visits between leaders, government officials, and trade delegations.

He expressed his hope that the Qatar-Croatia Business Meeting and the signed MoU would pave the way for new opportunities in private sector cooperation between both countries. Al Athba emphasized the keen interest of Qatari business owners in strengthening ties with their Croatian counterparts through forging partnerships and trade alliances. He reiterated Qatar Chamber’s commitment to supporting and facilitating this cooperation, ensuring all necessary assistance to boost investments across various sectors. He also encouraged Croatian companies to collaborate with Qatari businesses, highlighting Qatar’s numerous investment incentives, world-class infrastructure, and advanced economic legislation, which create an attractive environment for foreign investment.

He also highlighted that the agreement will create new opportunities for cooperation between Qatari and Croatian businessmen, including the potential establishment of a joint business council.

For her part, Marina Ruzic, Secretary General of the Croatian Chamber of Economy, praised the strong and growing relations between Qatar and Croatia. She emphasized that the signing of the MoU between the two chambers would facilitate greater economic cooperation, helping to overcome obstacles in the private sector and enhance trade exchange.

The meeting included bilateral discussions between business leaders and representatives from Qatar and Croatia.