Qatar, US sign slew of accords to bolster economic relations
April 11 2018 02:11 AM
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HE Sheikh Ahmed bin Jassim bin Mohamed al-Thani and other dignitaries at the signing of the MoU between Astad and Aecom.

A number of agreements were signed yesterday on the sidelines of the Qatar-US Economic Forum in Washington, DC.
The memorandums of understanding (MoUs) covered various areas, including pharmaceuticals, project management services and support for small and medium enterprises (SMEs), among others.
The signing of agreements was witnessed by HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani in the presence of HE Sheikh Faisal bin Qassim al-Thani, chairman of the Qatari Businessmen Association, Sheikh Khalifa bin Jassim al-Thani, chairman of Qatar Chamber, and Robert Cresanti, president and CEO, International Franchise Association.
One of the MoUs was signed between Astad and Aecom to prepare a joint proposal on the provision of project management services for the expansion of Hamad International Airport and the establishment of joint projects.
Another MoU was inked between Qatar Development Bank (QDB) and the Small Business Development Centre (SBDC), aiming at the exchange of best practices and innovative solutions between the two parties to support SMEs and the launch of various initiatives to assist Qatari entrepreneurs and prepare them for the market.
Meanwhile, QDB signed an MoU with TheVentureCity for the exchange of best practices and innovative solutions between the two parties in the field of investment services, and helping promote the exports of Qatari companies in the US market.
The dignitaries also witnessed the signing of an MoU between Qatar Pharma and Dawah Pharmaceuticals. It envisages investing for the establishment a state-of-the-art pharmaceutical factory in Qatar to manufacture drugs for Qatar’s requirements as well as for exporting them to Asia, Africa and Europe.
Another MoU was inked by Qatar Building Company and Roadtec, aiming to establish a commercial dealership to serve customers in Qatar and provide them with after-sales services and spare parts at reasonable prices.




Signing of the agreement between Qatar Pharma and Dawah Pharmaceuticals.

Minister meets IFA delegation
HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani has met with a delegation from the International Franchise Association (IFA), headed by IFA president and CEO Robert Cresanti, in Washington, DC. Discussions touched upon the prospects for co-operation in the economic, trade and investment fields, the promotion of partnerships and efforts to attract investments to new markets in the region.

Last updated: April 11 2018 02:12 AM


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