Doha, Within the framework of the State of Qatars endeavors to beef up relations with various world countries and build strategic and outstanding partnerships in a variety of fields, comes the visit of HE President of the Republic of Cuba Miguel Diaz-Canel to the State of Qatar.
The visit of HE the Cuban President to Doha and the discussions that will be held during this visit are anticipated to support and reinforce ties between the two nations at all levels, especially in economy, trade and investment, in addition to opening broader horizons.
The visit is anticipated to contribute to elevating the volume of investments and trade exchange between the two countries to achieve the aspirations of the leaderships of the two nations and their friendly peoples to peace, security, and prosperity.
The Qatari-Cuban relationship is based on the solid bonds of friendship whose foundation was laid by HH the Father Amir Sheikh Hamad bin Khalifa Al-Thani, and the Cuban late President Fidel Castro Ruz. In 1989, the establishment of the diplomatic relations at the ambassadorial level between the two nations was announced, and the Republic of Cuba opened its embassy in Doha in 1994, while the State of Qatar opened its embassy in Havana in 2001, as the first Gulf state to open an embassy there.
The Qatari-Cuban ties are described as solid and outstanding seeking further cooperation and progress in multiple fields. These ties were promoted through the shared visits between the two countries at the highest levels which had primarily focused on upgrading the economic and investment relationships, chief amongst which was the visit of HH the Amir Sheikh Tamim bin Hamad Al-Thani to Cuba in 2015.
That visit strikingly gave the Qatari-Cuban relations a new momentum and elevated them to an outstanding stage during which a memorandum of understanding for investment in the Republic of Cuba was signed offering the State of Qatar the opportunity for a 5-year investment worth $2 billion to achieve the shared benefits between the two nations.
The relations between Doha and Havana regulate array of agreements and memorandums of understanding. The relations between the two sides are solid at the political level, as the two nations are determined to coordinate with each other in international venues and have points of commonality towards numerous matters of international agenda to support international security and peace. At the economic level, the two nations seek to further develop the economic ties more effectively in sectors that concern the two sides such as health, tourism, and investments.
In May 2018, the 2nd round of political consultations between the ministries of foreign affairs in the two countries was held in Havana, during which bilateral relations and ways to support and develop them were discussed, in addition to discussing a broad range of issues of common interest.
In March 2023, Qatar Chamber discussed trade and economic ties between the State of Qatar and Cuba, avenues to reinforce them and cooperation between the private sectors of the two nations in a variety of economic sectors, especially investment.
This came during the meeting held between First Vice-Chairman of Qatar Chamber Mohamed bin Twar Al Kuwari, and HE Deputy Minister of Foreign Trade and Investment of the Republic of Cuba Deborah Rivas Saavedra.
Saavedra expressed her countrys welcome to the Qatari investments calling on the Qatari businessmen to invest in Cuba where investment opportunities in multiple sectors exist, along with an electronic platform that includes a variety of economic sectors and investment opportunities, to which Qatari businessmen can access and learn about the available opportunities in Cuba. (MORE)
Source: Qatar News Agency
