Doha and Prague aim for broader horizons
During the visit, the Emir will discuss with Czech President Milos Zeman ways to support and strengthen bilateral relations in various fields, including economy and trade, in addition to a number of current international issues and issues of common interest.
His Highness the Amir’s talks during the visit are expected to help strengthen relations towards broader horizons and open up new areas to serve the common interests of the two countries and their friendly peoples.
Qatar and the Czech Republic maintain good and solid friendly relations in various fields and are experiencing significant and remarkable development, especially at the economic level.
Relations between Qatar and the Czech Republic date back to 1990, when diplomatic relations were established between the two countries at the level of ambassadors (non-resident representation). The Qatari Ambassador to the Czech Republic presented his credentials in 2007.
Relations between the two countries are governed by a set of agreements in many trade, economic and air transport areas, and the political views of the two countries are identical on many issues and international issues.
In order to develop and strengthen bilateral relations between Doha and Prague, the Qatari-Czech Republic Interparliamentary Friendship Group was established in the Czech Parliament in April 2019.
The group aims to strengthen cooperation between the two countries at different levels, strengthen interrelations in various fields and develop parliamentary relations.
In an exclusive statement to Qatar News Agency (QNA), Qatar’s Ambassador (non-resident) to the Czech Republic, Sheikh Abdullah bin Mohamed bin Saud al-Thani, said that the first visit of the Emir in Prague will contribute to opening up new horizons for bilateral relations. cooperation in various fields, in particular in the political, economic, tourist, health, cultural, sports and other fields, stressing that relations between Doha and Prague have witnessed significant and rapid development over the past two years, which is reflected in the desire to announce the opening of an embassy for the Czech Republic in Doha and an embassy for Qatar in Prague, which will help to strengthen relations between the two countries.
He said that in recent years the Czech Republic has been one of the fastest growing European countries in terms of infrastructure and medical tourism, underlining the willingness of the Qatar Investment Authority and Qatar Airways to visit healthcare institutions in the Czech Republic to strengthen relationships. in medical tourism.
Mutual visits and joint meetings between investors and businessmen of the two countries have helped provide an important platform to discuss ways to establish alliances and joint projects, in addition to having a broader vision of feasible investment opportunities in a number of promising sectors in both countries. countries.
The visits also helped to increase trade, which in 2021 amounted to around 605 million QR.
The trade balance shifted to the Czech side, with imports to Qatar of QR 556 million and exports from Qatar to the Czech Republic of QR 49 million.
There are also six joint Czech-Qatari companies operating in the Qatari market in various sectors such as services, hospitality, sports consultancy and food products.
During his visit to Doha in October 2019 and meeting with Qatari businessmen, former Czech Foreign Minister Tomas Petricek said his country was seriously seeking to strengthen trade and economic relations with Qatar, in as part of its efforts to attract foreign investment in various sectors.
He also said that the investment climate in his country, which is strategically located in Europe, makes it a big market linking the countries of the Union, stressing that the Czech Republic seeks to offer innovative projects in many fields, especially since it is known for high quality products.
Last June, the Qatari-Czech business meeting, held at the headquarters of the Qatar Chamber, discussed ways to improve trade and industrial cooperation relations and investment opportunities available in both country, cooperation between business owners in both countries and the possibility of establishing alliances that enhance trade and investment exchanges Qatar has succeeded in providing an attractive investment environment thanks to the facilities and incentives which allow the foreign investor to invest up to 100% in various sectors and economic activities, as well as the state-of-the-art infrastructure, and economic laws and legislation which have contributed to Qatar reaching a high position globally recognized for being identified as a leading destination for investment and business.
Among Qatar’s largest imports from the Czech Republic are construction materials, office furniture and electrical equipment and appliances, while ethylene polymers are Qatar’s largest exports to the Czech Republic .
Many areas help to deepen bilateral cooperation, especially in the sectors of health, real estate, tourism and agriculture, because the Czech Republic has a long experience in these areas and its economy is one of of the most promising economies in Europe and has great future potential for investment.
The Czech Republic is a landlocked country located in Central Europe, with an estimated area of 78,867 km² and a population of 10,700,000.
Given its privileged geographical location, reasonable and appropriate costs, advanced infrastructure and skilled workforce, the Czech Republic has become an ideal and attractive hub for business and investment.
The Czech Republic has a largely open economy, as it exports three-quarters of its products and attracts foreign investment.
Czech companies are known to be reliable partners and suppliers of high quality products, technologies and services.
Czech export sectors include a wide range of products in various branches and fields of industry, including automotive.
The Czech Republic is home to major international brands in the automotive sector.
There is also the aircraft industry, which includes the production of components for large transport aircraft, military jets, helicopters and small aircraft for local and regional transport, training aircraft, light sport aircraft and agricultural and gliders.
One in four ultralight aircraft sold worldwide was manufactured in the Czech Republic.
Engineering forms the backbone of the Czech economy and its manufacturing base consists of more than 1,100 companies.
These companies operate in particular in the field of energy engineering, transport engineering, the production of machining and shaping tools, metallurgy and the production of metal structures and components, air conditioning equipment, construction machinery, agricultural machinery, food processing machinery, green technology, medical equipment, chemical and pharmaceutical industry, electronics and electric motors and generators, as well as furniture, building and construction materials and musical instruments.
The Czech ceramic industry has an excellent reputation all over the world.