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Within the framework of Qatar’s stated strategy, which is based on building bridges, solid relations and strong political and economic partnerships with countries around the world and its brotherly and friendly peoples, His Highness Sheikh Tamim bin Hamad Al Thani began his state visit to the Cooperative Republic of Guyana, during which he discussed with the President of the Republic, His Excellency Dr. Mohammed Irfaan Ali, bilateral relations between the two friendly countries and ways to support and develop relations between the two countries in all fields, as well as various issues of common concern and developments in international cooperation.
It is expected that the visit of His Highness the Amir to the Cooperative Republic of Guyana will help support and strengthen relations between the two countries at all levels, especially in the economic, political and cultural fields, and open up broader horizons for bilateral relations. His Highness’s visit and the discussions held during the visit will help increase investment and trade exchanges between the two countries, especially in the fields of energy and food security, thus fulfilling the aspirations of the leaders of the two countries and their friendly peoples who share a common commitment to peace, security and prosperity.
Since the establishment of diplomatic relations between the two friendly countries in 1996, bilateral relations have made great progress in many fields. In May last year, the Embassy of the Cooperative Republic of Guyana in Doha was officially opened, and the relationship between the two countries has entered a new stage. In view of the joint efforts of both sides to strengthen and develop in various fields, we will enter a new stage of fruitful partnership.
The existing relations between the State of Qatar and the Cooperative Republic of Guyana are strong and stable, based on mutual respect and common interests, creating a stable and peaceful environment for the two peoples and promoting the encouragement of joint development and investment, and enhancing the well-being and aspirations of the two friendly countries and peoples.
Since the establishment of relations between the State of Qatar and the Cooperative Republic of Guyana, there has been an uninterrupted exchange of visits, consultations and correspondence at all levels and in all fields between the two countries, which reached a climax during the visit of His Excellency in May last year. The President of the Republic, Dr. Mohammed Irfaan Ali, visited Doha, where His Highness Sheikh Tamim bin Hamad Al Thani held a meeting. The Emir of the State and His Excellency held a formal discussion in the Emir Diwan to discuss the cooperative relationship. In addition to discussing some topics of common concern, the relationship between the two countries and ways to strengthen and develop the relationship between the two countries, especially in the fields of investment and energy.
A joint statement issued on the occasion of the visit said that the two leaders stressed the need to develop economic relations between the two countries, especially in the fields of energy and food security, and the two sides also exchanged views on the concerns of the two countries in the regional and international arena. Both sides expressed the hope that the opening of the embassy will help the Cooperative Republic of Guyana to strengthen the relations between the two countries in Doha, the capital of Qatar, and raise the level of relations between the two countries. They also agreed to send a technical team from the State of Qatar to the Cooperative Republic of Guyana to review existing projects, especially infrastructure and road projects.
In an interview with the Qatar News Agency last May, His Excellency the President of the Cooperative Republic of Guyana confirmed that his visit to the State of Qatar was very successful and the next phase will see the visit of His Excellency the President of the Cooperative Republic of Guyana. As such, he proposed many joint measures and expressed the desire of both countries to strengthen their cooperative relations at the governmental and private levels to achieve their common interests.
His Excellency the President of the Cooperative Republic of Guyana added that his discussions in Qatar were successful as his meetings with a number of national officials covered topics such as investment opportunities in Guyana and the role of partnership with the Qatari private sector in its progress, expressing the hope that all these meetings will help to increase opportunities between the two countries and study Guyana’s capabilities, including for the mutual benefit of both countries and their friendly peoples.
The President of the Cooperative Republic of Guyana, in a meeting with Mr. Mohammed bin Ahmed bin Towar Al Kuwari, First Vice President of Qatar Chamber of Commerce, stressed the interest in developing trade cooperation with the State of Qatar, and pointed out that the two countries can cooperate in the fields of oil, gas and food security, especially that Qatar attaches great importance to these two fields and has made great achievements. He called on Qatari investors to invest in Qatar, providing groundbreaking investment opportunities in many important fields such as oil and gas, infrastructure, tourism, services, hotels, agriculture, etc.
The Cooperative Republic of Guyana has a very open investment policy, is non-discriminatory, enjoys a stable and secure investment environment, and is currently committed to building a competitive, sustainable and resilient economy.
The Guyana Cooperative is located on the northeastern coast of the South American continent, bordering 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. With a population of about 800,000 people, the capital is the city of Georgetown. About 35% of Guyana’s area lies in the Amazon River basin, and the name Guyana can be traced back to the meaning in the language of the indigenous people. Guyana is known as the “Water Country” because of its extensive network of rivers, waterfalls and bays, as it includes two hundred and seventy-six waterfalls and four major rivers, which makes hydroelectric power an important and reliable source of electricity. Year-round sunshine also creates a constant source of solar energy, but Guyana’s water is not only about the abundant freshwater rivers, but also the water of the Atlantic Ocean. Guyana’s coastline stretches for 459 kilometers, overlooking Guyana’s Kaieteur Falls, which has a vertical height of 226 meters, about five times that of Niagara Falls.
The Cooperative Republic of Guyana is known for its production of gold, diamonds and semi-precious stones, and its mining industry exports these materials as well as other high-quality bauxite, copper, iron, nickel and aluminum. Guyana is seeking to attract foreign investment to support its economy, which has undergone a fundamental transformation since the discovery of crude oil there in 2015 and commercial exploration in 2019. According to a statement released by ExxonMobil in 2020, Guyana has large reserves of high-quality oil estimated at about 33 billion barrels, and could produce 750,000 barrels per day by 2025, which could significantly change Guyana’s economic prospects and make it one of the richest countries in the world.
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