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Malaysia, Qatar enhance trade, investment cooperation

Malaysia and Qatar will boost cooperation in trade and investment, according to the two countries’ foreign ministers.
Malaysia, Qatar enhance trade, investment cooperation ảnh 1Malaysian Foreign Minister Datuk Saifuddin Abdullah (R) and Qatar Deputy Prime Minister Sheikh Mohammed Abdulrahman Al-Thani at the joint press conference (Source: New Straits Times)

Kuala Lumpur (VNA) –
Malaysia andQatar will boost cooperation in trade and investment, according to the twocountries’ foreign ministers.

The information was affirmed at a pressconference on December 6 after the meeting between Malaysia’s Prime MinisterMahathir Mohamad and Emir of Qatar Sheikh Tamim Hamad Al-Thani in Putrajaya aspart of the latter’s three-day visit to Malaysia.

Qatar Deputy Prime Minister and Foreign MinisterSheikh Mohammed Abdulrahman Al-Thani expressed his confidence thatMalaysia’s economy will continue to grow and pledged to push ahead withdiscussions on enhancing investment and economic cooperation.

He noted Malaysian companies are doing a goodjob in Qatar and encouraged more firms to come to Doha, particularly to joininfrastructure projects for the 2022 World Cup.

The two countries agreed to launch a jointbusiness council, he said, adding that both leaders have instructed agencies toset up a platform to supervise sectors relating to economy, trade, politics andmore.

Malaysian Foreign Minister Saifuddin Abdullahsaid his country is pleased Qatar is ready to increase investment in Malaysia.

The main focus of discussion at the meeting ispossible ways for both sides to strengthen and broaden cooperation,particularly in trade and investment, he added.

Sheikh Mohammed said both leaders also discussedbilateral cooperation in international development where the twocountries could capitalise on the capacity within the Malaysiangovernment in providing technical assistance while Qatar is providing foreignaid to several countries.

Through this potential cooperation model, thetwo countries’ leaders hoped to elevate the bilateral relationship, headded.-VNA
VNA

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