Meeting with H.E. Portuguese Secretary of State for Internationalization

24 Feb 2016 QBA Office

QBA Members attended

Sheikh Faisal Bin Qassim Al Thani, Chairman of Qatari Businessmen Association met today H.E. Mr. Jorge Costa Oliveira, Portuguese Secretary of State for Internationalization and his accompanying delegation, with the presence of H.E. Mr. António Tânger, the Ambassador of Portugal to Qatar where the two sides discussed ways to strengthen cooperation in various fields

At the beginning of the meeting, Sheikh / Faisal Bin Qassim Al-Thani welcomed the delegation and discussed the existing relations with several Portuguese companies, highlighting the potential of Portugal as a touristic destination that enjoys security and stability in a time of turbulence all over the world. He also discussed the interest of Qatari businessmen in investing in the industrial sector as part of Qatar’s vision to diversify its income sources.

Form his part, the Portuguese Secretary of State for Internationalization talked about the distinguished relations between his country and Qatar, pointing out that his visit aims to increase the value and volume of partnership and cooperation as well as to confirm the readiness of the business sector to present concrete proposals to his Qatari counterpart and to cooperate in several sectors such as Banking, Energy, Tourism and Health. especially since the state has been able to go beyond the economic crisis and succeeded in the development of these sectors. Mr. Oliveira concluded his words with an invitation to Qatari businessmen to visit Portugal, and study the actual opportunities on ground.

It is worth noting that Portugal economy depends on exports, private investment and the development of the high-tech sector, also the travel and tourism are considered vital sectors in the country economy. Portugal has succeeded in reaching the targeted rates of the European Central Bank and the International Monetary Fund, and the economy began to recover in 2015, where the total gross domestic product reached an annual growth rate to 1.5 % and this was mainly due to the recovery in consumer spending.

At the end of the meeting, the two sides exchanged souvenirs where Sheikh Faisal Bin Qassim Al Thani, QBA Chairman presented QBA Crystal Shield to H.E. Mr. Jorge Costa Oliveira