Wednesday 30 March 2022

#Qatar not planning new investments in Russia – foreign minister

Qatar not planning new investments in Russia – foreign minister

Qatar is not planning new investments in Russia based on a commercial assessment and will not make new investments until it sees “a better atmosphere and more political stability” according to the country’s foreign minister.

In an interview with CNN, Sheikh Mohammed bin Abdulrahman Al-Thani said Qatar’s investments in Russia were being reviewed in the light of the ongoing conflict between Russia and Ukraine.

He said: “Our investment decisions, as I told you, is based on commercial assessment and what we have currently in Russia, we are not thinking about increasing that these days until we see a better atmosphere and more political stability.”

Al-Thani said the unprecedented deterioration in the humanitarian situation should be the focus, with humanitarian corridors and a ceasefire in Ukraine being prioritised.

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