Qatar-Netherlands Relationships Profoundly Evolved In Recent Years
Date
6/23/2024 4:01:00 AM
(MENAFN- The Peninsula)
QNA
Doha, Qatar: Chairperson of the Qatari Businessmen Association (QBA) sheikh Faisal bin Qassim Al Thani affirmed that the cooperative relationships between the State of Qatar and the Kingdom of the Netherlands have massively evolved in the recent years, primarily in energy, technology, tourism, and other fields.
Speaking to Qatar News Agency (QNA), Sheikh Faisal added that the visit of the Amir H H Sheikh Tamim bin Hamad Al Thani to the Netherlands is extremely crucial to reinforce cooperation, especially that it comes after extensive shared visits between officials in the two countries throughout the recent years.
He highlighted that the Netherlands embraces a vital geographical location that helps tap into European markets easily, and subsequently the Qatar's critical investments were directed towards the Port of Rotterdam to supply European markets with the Liquified Natural Gas (LNG).
Chairperson of QBA elucidated that the Netherlands strives to maintain sustainability and green economy, prompting the State of Qatar to invest in major Dutch firms specialized in solar energy through Nebras Power. He highlighted that the Netherlands has been an attractive investment destination for many years, especially that investors there capitalize on talented manpower, along with superb infrastructure, including public transportation with the Port of Rotterdam positioning itself as a gateway to Europe.
He pointed out that the State of Qatar has important investments in the Netherlands, for instance the Qatari QTerminals possesses the majority of stake in Kramer Group, the operator of containers in the Port of Rotterdam, highlighting that the Qatari assets in the Netherlands include hotels, banks, air cargo carriers and solar energy.
He stated that the Dutch firms have participated in implementing infrastructure projects in Qatar, particularly in architecture, with the Netherlands contributing to upgrading Hamad International Airport, Qatar National Library and Doha Metro. The volume of trade exchange between the two countries has been recently stable at one billion Euros annually. Also, Qatar exports gas, aluminum, and petroleum derivatives to the Netherlands and imports food items, vegetables, grains, and horses to be used in sports competitions.
MENAFN23062024000063011010ID1108361371
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.