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Tatarstan plans to develop cooperation with Qatar in energy, trade, IT sectors

May 31, 2:50 UTC+3 KAZAN
Apart from that, Tatarstan is interested in selling products of such companies as Kamaz, Kazan Helicopter Plant, Kazancompressormash and Nizhnekamskneftekhim on the Qatari market
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KAZAN, May 31. /TASS/. Russia’s republic of Tatarstan plans to develop cooperation with Qatar in the energy, trade and information technologies sectors, Talia Minullina, the chief of Tatarstan’s Investment Development Agency, told TASS on Monday.

"Most promising areas for trade-and-economic and investment cooperation between Tatarstan and Qatar are the oil and gas sector, oil refining, joint energy projects," she said.

Apart from that, Tatarstan is interested in selling products of such companies as Kamaz, Kazan Helicopter Plant, Kazancompressormash and Nizhnekamskneftekhim on the Qatari market. "Of interest are also cooperation in the sphere of information technologies and development of partnership in the farming sector," Minullina said.

She noted that concrete ideas on cooperation in these sectors will be voiced during bilateral contacts. "So far, it is difficult to say how much these initiatives might cost, everything will depend on the negotiations," she said.

According to the press service of Tatarstan’s Investment Development Agency, the republic’s trade with Qatar in the first quarter of 2016 exceeded that of January-September 2015 and reached 744,000 U.S. dollars.

Qatar’s Ambassador to Russia Saoud bin Abdullah Al Mahmoud said earlier his country’s delegation will discuss issues of investments and economic cooperation with Tatarstan during the Petersburg International Economic Forum.

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