Qatar eyes Finnish partnership in energy, renewables, digital, finance and logistics spheres

Qatar is increasingly looking at partnership with Finland's business sector, especially in the areas of energy, renewable energy, digital transformation, infrastructure, financial and logistics services as part of strengthening the bilateral trade and investment relations.

Addressing the Qatar-Finland Roundtable for Business in Helsinki, HE the Minister of Commerce and Industry Sheikh Mohamed bin Hamad bin Qassim al-Thani, said Qatari-Finnish relations have significantly developed recently, with trade and investment co-operation between the two countries reaching $107.6mn in 2023.

The roundtable served as an essential platform for discussing various topics of mutual interest and economic opportunities in the trade and investment sectors, to develop partnerships and open new horizons for co-operation between the business sectors of both countries, he highlighted in the presence of Ville Tavio, Minister for Foreign Trade and Development of Finland.

In this regard, he expressed optimism in achieving further significant contributions in bilateral trade relations, especially given the considerable opportunities available in Qatar’s vital sectors, such as energy and renewable energy projects, infrastructure, digital transformation, financial and logistics services.

Sheikh Mohamed asked Finnish investors and companies to take advantage of Qatar's outstanding economic and investment environment, pointing to the incentives and legislation that encourage foreign investments and develop non-oil exports.

During the roundtable discussions, the advantages of the business environments of Qatar and Finland were highlighted, and ways to strengthen co-operation in several areas were discussed.

Several bilateral meetings were held between Qatari private sector companies and several Finnish producers and exporters to explore co-operation opportunities, exchange expertise, and build new investment avenues in sectors of mutual interest.

The Qatar-Finland Roundtable aims to enhance trade, investment, and industrial cooperation between the two parties and open communication channels between representatives of the Qatari and Finnish private sectors to establish investment projects that serve the interests of both countries.

The roundtable concluded with the signing of several memoranda of understanding, aimed at increasing bilateral co-operation and trade exchange.