Qatar –
QBA holds meeting with Armenian PM, reviews investment opportunities
07:54 PM
The Qatari Businessmen Association (QBA) held a meeting with Armenian Prime Minister Nikol Pashinyan and his accompanying delegation Tuesday, in Doha to discuss co-operation opportunities and develop economic relations.
The meeting was also attended by Gegham Gharibjanian, Armenia’s ambassador to Qatar, as well as QBA first deputy chairman Hussain Alfardan, QBA members Khalid al-Mannai, Maqbool Khalfan, Youssef al-Mahmoud, QBA deputy general manager Sarah Abdallah.
During the meeting, Alfardan underscored the importance of discussing ways of co-operation between the two countries and working to boost economic and trade relations. He also stressed the interest of Qatari businessmen in identifying possible areas of co-operation in Armenia and the available investment opportunities.
Pashinyan thanked the QBA for hosting the meeting, during which he expressed the importance of developing relations between the two countries and presenting the business environment in Armenia and other major investment projects that may attract the interest of Qatari businessmen.
The Prime Minister discussed Armenia’s economic sector, describing it as a resilient economy. He expressed optimism over World Bank figures, which predicted a 3.5% economic growth for Armenia in 2022, citing the World Bank Group’s ‘Global Economic Prospects’ report. The report also expects Armenia’s economic growth to be 4.6% in 2023 and 4.9% in 2024, he said.
Pashinyan also spoke about the most important sectors and investment opportunities in Armenia, such as the tourism and agricultural sectors, which he considers “great opportunities” for co-operation between the two countries.
QBA members expressed their interest in exploring new international markets and their readiness to identify areas of cooperation in Armenia. They also confirmed their keenness to support and develop bilateral relations in various fields and agreed to organise a visit to Armenia to explore and learn more about the opportunities there.