Saturday, February 24, 2007

Macedonia invites investment from Qatar

Macedonia has called on Qatari businessmen to make investment in the country. The Macedonian Second Deputy Premier, Zebvko Jenkoloviski, who was here on a brief official visit, yesterday urged Qatari businessmen to visit his country and explore investment opportunities.

Macedonia is set to enforce new laws to encourage foreign investment, the second deputy premier said. He said a free trade zone has already been set up in his country where foreign investors enjoy tax holiday for 10 years.

Jenkoloviski and officials accompanying him met Qatari businessmen at the Qatar Chamber of Commerce and Industry (QCCI) premises. Present were the QCCI Chairman, Sheikh Khalifa bin Jassim Al Thani, his deputy, Abdul Aziz Al Emadi, and Mohamed Ahmed Tawar Al Kuwari, treasurer, among others.

The meeting focused on ways to further economic cooperation between Qatar and Macedonia. Qatar on its part urged Macedonian businessmen to explore investment opportunities here. Al Emadi in his address urged the visitors to brief Qatari businessmen on the banking system in Macedonia and explain how foreign investment was protected.

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