Tanzania and Qatar have inked an agreement to strengthen bilateral trade and investment ties, authorities confirmed.
The trilateral deal was signed in the Qatari capital by various officials, including President of the Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA)Paul Koyi, Qatar’s First Vice-Chairman of Chambers of Commerce Mohamed Bin Ahmed Twar Al Kuwari and Chairman of the Zanzibar National Chamber of Commerce (ZNCC) Ali Suleiman Amour.
“Today, we confirm our deep goals to build strategic partnerships that will positively contribute to the economies of the two countries,” the president told the Qatari Businessmen Association (QBA) in a meeting in Doha.
Faisal bin Qassim al-Thani, QBA chairman, said: “There are real investment opportunities in the fields of tourism, agriculture and energy support projects,” adding that after the World Cup, the association will travel to Tanzania as part of a high-level mission.
Meanwhile, Director of Tanzanian Presidential Communications Zuhura Yunus said “the objective of the MoU is to enhance trade and investment cooperation and partnership between business communities from Tanzania and Qatar, particularly in the areas of tourism and hospitality, infrastructure and energy.”
On Tuesday, the President of the United Republic of Tanzania Samia Suluhu Hassan was welcomed by the Amir Sheikh Tamim bin Hamad Al Thani at the Amiri Diwan, during her visit to the country to take part in the World Innovation Summit for Health (WISH).
In addition to discussing a number of regional and global issues of shared interest, the two leaders discussed ways to strengthen and deepen the two nations’ cooperation relations in a variety of fields.
According to Tanzanian President Samia Suluhu Hassan, Qatar and Tanzania have enormous potential to expand their cooperation in areas including trade, investments, tourism, gas exploration, port development, agriculture, and energy.
The two countries also agreed to share expertise on emergency and trauma care.