Estonia anticipates ‘large scale investments’ from Qatar: Foreign Minister

Doha, Qatar: The diplomatic relations between Qatar and Estonia began nearly three decades ago, marking significant progress in trade and businesses,...

Doha, Qatar: The diplomatic relations between Qatar and Estonia began nearly three decades ago, marking significant progress in trade and businesses, said an official, adding that ‘large scale investments’ are a pivotal step to deepening ties between the nations.

In an exclusive interview with The Peninsula, the Minister of Foreign Affairs of The Republic of Estonia H E Margus Tsahkna said, “We are very much interested in long-term investments in our economy and the reason is that we have all the preconditions for that. We are innovating across various sectors such as renewable energy, logistics, transportation, and cybersecurity.”

He remarked that Estonia’s presence in the country highlights the resilient role it plays across industries. “I’m very happy that many Estonian companies have reached here and the region and started working mainly in the digitalization and the IT sector,” H E Tsahkna noted.

He also lauded Qatar’s invaluable humanitarian efforts as a mediator in supporting Ukraine and the ongoing Middle East conflicts. “We are not only concerned regarding the war in Ukraine but also understand globally the need to support Palestine,” Minister Tsahkna said.

H E Tsahkna visited Doha last week and met with numerous Qatari officials exploring ways to enhance investment opportunities. “We have a great interest in the digital agenda strategy for 2030 because Estonia has been very active in digitalisation of our public sector services and also together with the private sector. So, we discussed what can we do more, how can we deepen our relations, and bring business,” he said.