50% increase in bilateral trade between Qatar and Italy in 21

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Bilateral trade between Qatar and Italy has increased by more than 50% in the first 10 months of 2021, said Luigi Di Maio, Italian Minister for Foreign Affairs and International Cooperation, who was on a short-term visit. in Qatar. Di Maio also noted that the unfolding crisis in Ukraine and energy security were among the main topics of conversation with the Qatari authorities.
“Our bilateral trade has recovered from the pandemic crisis and increased by more than 50% in the first 10 months of 2021. This is a positive trend that is set to consolidate in the future. Qatar is an attractive market for Italian companies and start-ups, especially in areas such as infrastructure and energy, digital and green economy and innovation,” Di Maio told the ‘Gulf Times. ‘.
“Qatari investments in Italy are equally promising: attracting value-added foreign investments is a priority for our government. Thanks to the National Recovery and Resilience Plan, which is part of the 750 billion euro package that the European Union has allocated in response to the pandemic crisis, Italy is implementing ambitious structural reforms and policy measures economy that will benefit domestic and foreign investors,” he said.
Regarding the emerging scenario of the Ukrainian crisis, Di Maio said that Italy is taking all necessary measures to strengthen its energy security, thus mitigating the effects of a possible crisis in energy and gas supplies. “Qatar is a close and very reliable partner for us. We aim to increase the current volume of gas to secure our supplies beyond the quantities already agreed. Italy is working on the energy transition, investing in renewable energies, but this is a long-term objective, while for the next few years natural gas will remain our main source of energy,” he said. declared.
The minister underlined that Qatar is a long-time friend of Italy. “I have already had several fruitful meetings with my friend Sheikh Mohamed, Minister of Foreign Affairs of Qatar and I was very happy to talk to him again. On Saturday, just before my arrival in Doha, the Italian Prime Minister had a fruitful conversation with His Highness the Amir,” Di Maio said.
“I believe that my visit to Qatar, during which I also met the Prime Minister and the Minister of Energy, contributed to further strengthen our bilateral partnership. Obviously, the crisis unfolding in Ukraine and energy security have been among the main topics of conversation with the Qatari authorities,” he said.
According to the Minister, Italy contributes to the organization of the FIFA World Cup Qatar 2022, both in infrastructure and in security areas. The Minister also condemned the Russian attack on Ukraine and said: “We condemn in the strongest terms Russia’s brutal aggression and we reiterate our unwavering support for territorial integrity, sovereignty, independence and freedom of Ukraine. Russia must cease its operations, withdraw all its forces, and seriously and earnestly engage in peace talks with Ukraine. The humanitarian impact of the conflict is of growing concern, as more than 1.5 million refugees are believed to have already crossed the EU, mainly to neighboring countries.
“In addition to providing financial support to Ukraine’s budget, Italy, as the current Chair of the Council of Europe’s Committee of Ministers, has called for Russia’s suspension from the Organisation. We also co-sponsored and co-drafted the resolution adopted by the United Nations General Assembly to denounce Russia’s aggression against Ukraine: the overwhelming majority of 141 countries, including Qatar, voting in favor of the resolution, proves how united the international community is in the face of Russia’s reckless invasion,” he said.

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