AKIPRESS.COM - The Qatar-Mongolian business meeting, which was co-chaired by First Vice Chairman Mohamed bin Twar al Kuwari and Chief of the President Office of Mongolia Sodbaatar Yangug, was hosted by the Qatar Chamber in the presence of many entrepreneurs from both countries, The Peninsula reported.

The meeting touched on ways to enhance cooperation between Qatari and Mongolian entrepreneurs, as well as the investment opportunities available on both sides.

Mohamed bin Twar Al Kuwari said that Qatar and Mongolia are linked with good relations, noting that they have a common desire to enhance their relations, especially in the economic and commercial fields.

Al Kuwari also indicated that Qatar offers an attractive investment environment that introduces many incentives and facilitations that allow full ownership for foreign investors in various economic sectors and activities, in addition to the advanced infrastructure and the economic laws and legislation, assuring that these privileges helped Qatar to become a leading destination for business and investment.

The First Vice Chairman invited Mongolian companies to invest in Qatar and take advantage of the incentives offered to foreign investors and the opportunities in multiple sector, stressing that the Qatar market is promising and welcomes foreign investments.

Al Kuwari also underscored the Qatar Chamber's interest in encouraging Qatari businessmen to invest in Mongolia, pointing out that it owns tremendous potential and promising investment opportunities in a diversity of sectors such as agriculture, food, tourism, mining and others.

Chief of the President Office of Mongolia Sodbaatar Yangug praised the good relations between his country and Qatar, stressing that they witnessed considerable growth over the past 25 years, noting that the Mongolian government is keen to develop the commercial and economic relations with Qatar and support the activities of businessmen.

He noted that both countries signed a number of agreements in various sectors, expressing his confidence that these agreements would contribute to facilitating trade and investment between both sides, indicating that the delegation compromise 22 entrepreneurs from 13 companies specialized in agriculture, food processig, mining and tourism.

Duuren Tumenjagal, CEO of the Mongolian National Chamber of Commerce and Industry, said that the delegation includes a number of businessmen willing to enhance cooperation with the Qatari side in various sectors, calling Qatari investors to visit Mongolia to learn about the investment opportunities available there.

He delivered a presentation on the Mongolian economy and the investment climate, as well as opportunities in agriculture, tourism, mining, and meat productions sectors.