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Qatar and Russia ink over 65 agreements at economic forum in St. Petersburg

Qatar and Russia ink over 65 agreements at economic forum in St. Petersburg
More than 65 agreements between Russia and Qatar have been sealed so far at the St. Petersburg International Economic Forum (SPIEF), according to Qatari Minister of Commerce and Industry Ali bin Ahmed Al Kuwari.

“In terms of investments, Qatar is Russia’s largest international partner,” the minister said, highlighting substantial inflows of around $15 billion.

“We signed more than 65 agreements during the SPIEF, they relate to various sectors, including technology, finance, sports, infrastructure, and agriculture,” he said.

Also on rt.com Russia & Qatar to sign deals on grain and meat supply at St. Petersburg Economic Forum

The minister added that trade turnover between the two countries in 2020 increased despite all the difficulties.

Earlier, Russian Deputy Prime Minister Yury Borisov reported that Russian-Qatari trade saw 22% growth last year.

Qatar is the guest country at this year’s St. Petersburg Economic Forum. It has one of the biggest business delegations at the event, consisting of representatives from about 50 different organizations.

For more stories on economy & finance visit RT's business section

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