The US-Qatar Business Council (USQBC) and Qatar Research, Development, and Innovation Council (QRDI) signed a memorandum of understanding (MoU) on the sidelines of the Qatar Economic Forum, signifying a major leap forward in bilateral relations.
The MoU was signed by Engineer Omar al-Ansari, QRDI Council secretary-general, and Sheikha Mayes al-Thani, managing director, USQBC Doha, during Innovation Day held at the forum.
This strategic partnership underscores a shared commitment to fostering a vibrant innovation ecosystem that benefits both nations. The five-year agreement will serve as a bridge, connecting US companies with Qatar's dynamic R&D landscape and propelling collaborative innovation projects.
The USQBC, a leading advocate for US-Qatar economic ties, will leverage its established platforms to facilitate American business participation in Qatar's exciting R&D opportunities. This will not only bolster Qatar's innovation ecosystem but also unlock new avenues for US companies.
Sheikha Mayes said, "This agreement is a game-changer, paving the way for increased US business participation in Qatar's dynamic and progressive landscape. Together, we will unlock the immense potential for growth and prosperity for both our nations."
Al-Ansari said, "This MoU is a testament to our unwavering commitment to fostering innovation and collaboration. Our collaboration with USQBC through this MoU enriches our commitment to fostering international strategic collaborations in vital areas of innovation and research. Through this partnership, we aim to leverage USQBC's platforms and events to promote QRDI's innovation programmes and attract American businesses to engage in RDI activities within Qatar.
"Furthermore, we seek to drive collaborative innovation efforts by promoting Qatar's RDI ecosystem, facilitating connections, and fostering dialogue between innovators from both nations, ultimately contributing to the development of a vibrant and sustainable knowledge-based economy in Qatar."
QRDI Council, a driving force behind Qatar's national advancement, will work hand-in-hand with USQBC to address critical challenges through cutting-edge research and development.
By focusing on promoting QRDI Council's innovation programmes, enhancing commercialisation opportunities, and fostering policy dialogue, this MoU lays the groundwork for strategic collaboration in key areas. This partnership promises to be a catalyst for a future fuelled by innovation and progress for both the US and Qatar.
Engineer Omar al-Ansari, QRDI Council secretary-general and Sheikha Mayes al-Thani, managing director, USQBC Doha, during the signing ceremony held at the forum.
