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Doha, September 12 (QNA) – Within Qatar’s consistent strategy of building bridges, solid relations, and strong political and economic partnerships with various countries around the world, HH the Amir Sheikh Tamim bin Hamad Al-Thani begins a state visit to the Cooperative Republic of Guyana, during which he will discuss with HE President of the Cooperative Republic of Guyana Dr. Mohamed Irfaan Ali the bilateral relations between the two friendly countries and ways to support and develop them in various fields, in addition to a range of international issues and developments of common interest.
HH the Amir’s visit to the Cooperative Republic of Guyana will contribute to supporting and strengthening bilateral relations at all levels, especially in the economic, political, and cultural fields, as well as opening up greater prospects for these relations.
It will also contribute to raising the volume of investments and trade exchange between the two countries, especially in the energy and food security sectors to fulfill the aspirations of the two countries’ leaders and their friendly people for peace, security and prosperity.
Since their establishment in 1996, the bilateral relations between the two friendly countries have witnessed remarkable development in many fields. Last May, the Embassy of the Cooperative Republic of Guyana opened in Doha, a step that would take bilateral relations to a new stage of fruitful partnership in light of the keenness and common desire of both parties to strengthen and develop it in various fields.
The existing relations between the State of Qatar and the Cooperative Republic of Guyana are characterized by strength and stability.
The relations are based on mutual respect and common interests, and on creating a stable and peaceful environment to encourage joint investments and improve the welfare and aspirations of the two friendly countries and peoples.
Since the establishment of relations between Qatar and Guyana, mutual visits, consultations and contacts between the two countries at various levels and sectors have been continuing, the latest of which was the visit of HE President of the Cooperative Republic of Guyana Dr. Mohamed Irfaan Ali to Doha in last May.
During the visit, HH the Amir Sheikh Tamim bin Hamad Al-Thani and HE President of the Cooperative Republic of Guyana held an official talks session at the Amiri Diwan, where they discussed cooperation relations between the two countries and ways to enhance and develop them, especially in the investment and energy fields, in addition to discussing several topics of common interest.
On the occasion of the visit, a joint statement was released in which the two leaders stressed the need to develop economic relations between the two countries, especially in the fields of energy and food security.
They also exchanged views on issues and matters of mutual interest on the regional and international arenas.
The two leaders expressed their aspiration that the inauguration of the Embassy of the Cooperative Republic of Guyana in the State of Qatar would contribute to strengthening relations between the two friendly countries and bring them to broader horizons of cooperation and partnership.
They also agreed to send a technical team from the State of Qatar to the Cooperative Republic of Guyana, to review the available projects especially infrastructure and road projects.
In a previous interview conducted by the Qatar News Agency (QNA) with HE President of the Cooperative Republic of Guyana Dr. Mohamed Irfaan Ali during his visit in May, His Excellency affirmed that his visit was very successful and that the next stage will consequently witness numerous joint measures, expressing his aspiration for more cooperative relations between the two countries at governmental and private levels to achieve their common interests.
HE President of the Cooperative Republic of Guyana added that the talks he held in Qatar were successful and his meetings with several officials in the country covered topics related to investment opportunities in Guyana and the role of partnership with the Qatari private sector in advancing it, expressing his hope that all these meetings would enhance the available opportunities between the two countries and consider the available potential in Guyana including the joint interest of the two countries and their friendly peoples.
In his meeting with the Qatar Chamber (QC) First Vice-Chairman Mohamed bin Twar Al Kuwari, HE President of the Cooperative Republic of Guyana stressed his country’s interest in developing trade cooperation with the State of Qatar across many sectors including oil, gas, and food security, particularly that Qatar attaches great attention to theses two sectors and have made many achievements in them.
His Excellency called on Qatari investors to invest in his country that offers investment opportunities in many sectors, mainly in oil and gas, infrastructure, tourism, services, hospitality, agriculture, and others.
Guyana has a very open investment policy that is free of discrimination. It enjoys a stable and safe investment environment, and is currently focused on building a competitive, sustainable, and resilient economy.
Guyana is located on the northeastern coast of the South American continent. It is bordered by the Atlantic Ocean to the north, Suriname to the east, Brazil to the south and southwest, and Venezuela to the northwest.
With an area of 214,969 square kilometers, it is the third smallest country in South America after Suriname and Uruguay. It is home to about 800,000 people, with the city of Georgetown as its capital. About 35 percent of Guyana’s area is located in the Amazon basin.
The name Guyana originates from the language used by the indigenous people, meaning the “land of abundant waters,” as it enjoys an extensive network of rivers, waterfalls, and bays. It includes 276 waterfalls and four major rivers, making hydroelectric power a reliable source of electricity.
Sunlight throughout the year also creates a constant source of solar energy.
The water in Guyana is not only linked to the abundance of fresh river water but also includes the Atlantic Ocean, which Guyana overlooks with a coastline extending 459 kilometers.
The great Kaieteur Falls in Guyana, with a height of 226 meters, is about five times higher than Niagara Falls.
Guyana is famous for gold, diamonds, and semi-precious stones production, with the mining sector exporting these materials and other high-quality bauxite, copper, iron, nickel, and aluminum.
Guyana is seeking to attract foreign investments to support its economy. Guyana’s economy has witnessed a radical transformation since the discovery of crude oil there in 2015 and commercial exploration in 2019.
According to a statement issued by ExxonMobil in 2020, Guyana has a large, high-quality oil reserve, estimated at 33 billion undiscovered barrels, with the potential to produce 750,000 barrels per day by 2025, which could significantly change Guyana’s economic prospects and put it on the world’s richest countries list.
(QNA)
