Belarus-Qatar new investment stage

Belarus-Qatar new investment stage

Belarus and Qatar will open a new page of investing in the economy of Belarus. This was stated by Alexander Lukashenko at a meeting with Minister of State for Defence of the State of Qatar.

The first major project is a hotel and sports complex. Its construction cost the Armed Forces of Qatar about 160 million dollars.

The construction is already in the final stages.

The President of Belarus noted that the trade turnover between the two countries should be increased significantly. It now averages $20 million. Belarus is ready to cooperate in all areas: from education to military-technical cooperation. And one of the most promising areas is tourism.

Alexander Lukashenko, Belarus President:
The appearance here of your citizens, the citizens of Qatar, will help us learn much about hotel business, the art of cooking, service and so on. That is, it will significantly develop our experts in this area. And, most importantly, politicians and especially businessmen will have a home here in Minsk and they will more likely come here. And I think we will open a new page of Qatari investing in the economy of our country. Thus, we can significantly expand our cooperation. We have outlined cooperation in various fields with your country, there are no taboo subjects. We are ready to work in all areas from education to military-technical cooperation, if this is the desire of your country. You must know this and tell it, please, to my good friend, the Emir: we are ready to cooperate with your country in any direction. And we will always be a reliable partner for you, always.

Hamad bin Ali Al Attiyah, Minister of State for Defence of the State of Qatar:
Such a large investment project in Minsk will serve as a good example for other Qatari investors. The Emir is also pleased the project and sent me to Belarus to discuss opportunities to expand and deepen bilateral cooperation.