‘Looking east’ strategy of Qatar is a promising move

‘Looking east’ strategy of Qatar is a promising move:

"The recent announcement that Qatar’s Foreign Ministry will set up a special unit to nurture relations with the 10-member bloc of the Association of Southeast Asian Nations is good news, both for Gulf investors as well as for Asean companies looking for broader opportunities in the Gulf Co-operation Council states. Inside Investor since 2011 has been dedicated to foster such relations and has been quite successful.

For example, the signing of the free trade agreement between the GCC and Malaysia was arranged during the Invest Malaysia event held in Abu Dhabi in 2011. This was followed by the largest foreign direct investment inflow ever into the country from the GCC.

Furthermore, Inside Investor arranged over $5bn investment from Qatar into Sarawak during several business events held in Kuching, the state’s capital – with the latest one under participation of Masraf Al Rayan and the Qatar Chamber, as well as the signing of several memorandums of understanding with the government of Thailand."

'via Blog this'