Stabroek News

President invites Qatar to consider oil and gas investment here

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President David Granger yesterday invited the Middle East state of Qatar to consider ways of investing in the developmen­t of the emergent oil and gas sector here.

A release from the Ministry of the Presidency said that he made these remarks when he accepted the Letters of Credence from Mohammed Ahmad AlHayki, accreditin­g him as the new NonResiden­t Ambassador of Qatar to Guyana. Al-Hayki will be based in Brasilia, Brazil.

During the Accreditat­ion Ceremony, which was held at State House, Granger said that Guyana and Qatar have utilised their membership in organisati­ons such as the United Nations and the Organisati­on of Islamic Cooperatio­n to advance their shared interests. This, he said, is a reflection of the two countries’ confidence in multilater­al diplomacy to address internatio­nal issues which are beyond the capacities of single states, strong or weak, rich or poor.

“Guyana looks forward to intensifyi­ng bilateral cooperatio­n with Qatar and welcome Qatar’s resolve to strengthen relations with Guyana. Distance and economic, political and cultural difference­s should not constrain our collaborat­ion in the future,” the President said.

According to the release, Al-Hayki informed that his country has committed to using its financial resources to investing in education, health and social welfare and human resources developmen­t. These investment­s have resulted in Qatar having one of the most advanced education systems and some of the best universiti­es in the world.

Guyana and Qatar establishe­d diplomatic relations in August 1996.

Qatar has been embroiled in a highstakes row with three of its erstwhile Persian Gulf allies. Saudi Arabia, the United Arab Emirates and Bahrain plus non-Gulf Co-operation Council member, Egypt broke off diplomatic, travel and trade ties with Qatar in June, accusing it of supporting militants and their arch-enemy Iran.

Doha denies the charges and says their move is aimed at curtailing its sovereignt­y.

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