(MENAFN- The Peninsula) lalin fernandopulle |
The Peninsula
There are plenty of opportunities for business development between Portugal and Qatar which is a fast developing economy that Portugal will be looking at expanding commercial relations said Portugal Ambassador Paulo Neves Pocinho addressing the Portuguese community at the Portugal Embassy in Qatar yesterday.
He said Portugal has many major industries and it would like to share the know-how with Qatar and also benefit from the expertise that Qatar has to offer.
“Portugal has the technological know-how in industries such as construction, textiles, pharmaceuticals, agriculture and porcelain and renewable energy, the energy of the future which both countries could widen cooperation,” the Ambassador said, adding that Qatar could share its expertise in desalination.
The Ambassador also noted that tourism is an area that both countries could explore for expansion. There has been growing interest in Qatar following the World Cup 2022. Health-care is another major sector that both countries could share experiences for mutual growth.
The Embassy has plans to invite a business delegation from Portugal this year according to the Ambassador.
The Portugal Ambassador said that he would also like to see such visits from Qatar to Portugal exploring investment opportunities in the country.
“We invite Qatar to invest in Portugal which is a safe country for investments and also home to modern technology, state-of the art infrastructure facilities and good traditions for living besides being located close to Europe, Africa, the US and Latin America which makes it an ideal destination for trade and investments,” Pocinho said.
Portuguese Business Council (PBC) Chairman Francisco Miguel C.C. de Sousa said the celebration of the national Portuguese community supports and strengthens networking and building business links among the community.
PBC was formed in 2016 and helps promote economic and cultural relations between Portugal and Qatar. The Council believes in the importance of increasing the share of the Portuguese products and services in the local market and the promotion of the activities of these companies.
Currently around 1,500 Portuguese live and work in Qatar.
A member state of the United Nations since 1955, Portugal is a developed and a high-income country.
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