Minister of Economy and Commerce H E Sheikh Ahmed bin Jassim Al Thani (fourth right) during his meeting with Ecuador’s Minister of Economy and Finance, Richard Martinez Alvarado (third left), and Minister of Foreign Trade and Investment, Pablo Campana Sáe
DOHA: Coinciding with the visit of the Amir H H Sheikh Tamim bin Hamad Al Thani to Ecuador, H E Sheikh Ahmed bin Jassim Al Thani, Minister of Economy and Commerce, met with Ecuador’s Minister of Economy and Finance Richard Martinez Alvarado and Pablo Campana Sáenz, Minister of Foreign Trade and Investment.
The meeting was attended by Mohammed Ali Al Malki, Ambassador of Qatar to Ecuador, Sheikh Faisal bin Thani Al Thani, Director of the Investment Department at Qatar Investment Authority, and Dr Essa bin Mohammed Al Mannai, Director of U S Affairs Department at the Ministry of Foreign Affairs.
Discussions touched on issues of common interest to Qatar and Ecuador as well as efforts to enhance trade and economic relations.
Attendees also discussed investment opportunities in both countries, mainly hydropower projects and investments in the energy, tourism and services sectors.
At the meeting the two parties also discussed a number of draft agreements that bolster investment relations, including an agreement on the protection and encouragement of mutual investments, which officials agreed to sign at the earliest possible opportunity.
The meeting also focused on arrangements for a meeting of the Qatari-Ecuadorian ministerial committee for economic, trade and technical cooperation.
In 2017, Qatari-Ecuadorian bilateral trade stood at QR31m. Qatar had ratified an economic, commercial and technical cooperation agreement with Ecuador in January 2013 as Qatar Airways operates three weekly flights to Ecuador.
