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Business / Qatar Business

Azerbaijan Trade House launched in Qatar

Published: 31 Oct 2022 - 08:19 am | Last Updated: 31 Oct 2022 - 08:21 am
Minister of Economy of the Republic of Azerbaijan H E Mikayil Jabbarov (second right), President, Chief Executive Officer and Member of the Board at UDC Ibrahim Jassim Al Othman (first right) along with other officials inaugrating Azerbaijan Trade House, yesterday.

Minister of Economy of the Republic of Azerbaijan H E Mikayil Jabbarov (second right), President, Chief Executive Officer and Member of the Board at UDC Ibrahim Jassim Al Othman (first right) along with other officials inaugrating Azerbaijan Trade House, yesterday.

Joel Johnson | The Peninsula

Doha: Following the announcement regarding the Trade house launch in the Arab State by Azerbaijan’s ambassador to Qatar few months back, the official ceremony of the inauguration was held yesterday at Al Souq Madina, The Pearl.

The opening ceremony was attended by the Minister of Economy of the Republic of Azerbaijan H E Mikayil Jabbarov, Ambassador of Azerbaijan to Qatar H E Rashad Ismayilov, President, Chief Executive Officer and Member of the Board at United Development Company (UDC) Ibrahim Jassim Al Othman and other delegates.

H E Jabbarov opened with a remark lauding both the countries stating “it is a great opportunity” to have the Azerbaijan trade house in this country as it represents a phenomenal reinforcement of investments in Qatar. He also emphasised on the importance of having Azerbaijan firms as it is certain to boost tourism and business sectors alike.

Congratulating on the launch, Al Othman said: “For Azerbaijan Trade House, Qatar is a start as you have many companies and stores from different parts of world investing in the region as it helps in further developments and investments”.

Expounding on the significance of bilateral ties between the two countries, Azerbaijan’s Ambassador H E Ismayoliv said that, “Qatar is a friendly country for the Azerbaijan strengthening the bilateral and economy relations. We have established relationship with all countries with mutual respect. Established excellent infrastructure and it’s a secured country that attracts all tourists of all countries for establishing business relation.”

“Azerbaijan Trade house will be key for establishing further relationship with our country and will strengthen the economy,” he added.