The Qatari Government, represented by the Ministry of Finance, and the Swiss Federal Council, represented by the Federal Department of Finance (FDF), have signed a Memorandum of Understanding (MoU) to establish a Joint Commission on Financial and Economic Affairs.
Under the agreement, an economic commission will be set up between the two countries with mutual interest and relations between the two countries will be developed for the benefit of the two friendly peoples.
The MoU was signed by the Qatari Minister of Finance HE Ali bin Ahmed al-Kuwari and Mr. Ueli Maurer, Head, Federal Department of Finance.
Commenting on the agreement, HE Al-Kuwari stated that “The MoU signed today is part of Qatar’s on-going initiatives to continuously improve its business and desiring to promote and strengthen bilateral relations between the two countries in the areas of financial and economic areas for mutual benefit.”
Meanwhile, Mr. Maurer remarked that “I am looking forward to furthering our mutual interests in financial services and other economic areas.”
This partnership will pave the way for future coordination of the various aspects of cooperation between the partners in the economic and financial spheres and the formulation of proposals to promote and strengthen the economic and financial relations between the participants.
Last year, Swiss Federal Councilor Mr. Ueli Maurer and a delegation had visited Qatar. They discussed economic sector relations and the framework for investment. The ministers also exchanged views on the great potential of digital technologies in the field of sustainable financial services.
