Doha:Qatar Chamber has initiated discussions to enhance trade and economic ties with Honduras, focusing on investment opportunities and cooperation between the private sectors of both nations.

According to Qatar News Agency, these discussions took place during a meeting between Mohamed bin Ahmed bin Twar Al Kuwari, First Vice Chairman of Qatar Chamber, and Karim Qubain, President of the Cortes Chamber of Commerce and Industry in Honduras.

During the meeting, Al Kuwari expressed Qatar's interest in deepening economic and trade relations with Honduras. He emphasized the potential for Qatari investors in Honduras and the significance of signing a memorandum of understanding (MoU) between the two chambers. This MoU would aim to boost cooperation, improve communication between business communities, and encourage trade delegations to explore business and investment opportunities.

Qubain, representing Honduras, noted the country's eagerness to collaborate with Qatar. He outlined Honduras's promising sectors such as mining, agriculture, and tourism, and underscored the incentives available to foreign investors, including tax exemptions. He invited Qatari businesspeople to visit Honduras to explore these opportunities and emphasized the importance of an MoU to foster business partnerships and facilitate the export of high-quality Honduran products to Qatar.