Qatar-Malaysia to work on Investment Guarantee Agreement to

Qatar-Malaysia to work on Investment Guarantee Agreement to encourage more investments | Money


Monday, 05 Jul 2021 12:59 PM MYT
In 2020, Qatar was Malaysia’s sixth-largest trading partner and its seventh source of import in the West Asia region. — Reuters pic
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KUALA LUMPUR, July 5 — Qatar, one of Malaysia’s largest trading partners, has highlighted the need for both countries to continue working on the Investment Guarantee Agreement (IGA).
Qatar’s Minister of Commerce and Industry, His Excellency Ali Ahmed Al Kuwari said the protection to investments accorded under the IGA will encourage more investment crossflows between Qatar and Malaysia.
According to a statement by the Ministry of International Trade and Industry, Ali Ahmed had also proposed for the signing of the agreement to take place at the next Joint Trade Committee (JTC) meeting, which Qatar is keen to host.

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