Amb. Mohamed Abdulla Al- Dehaimi Hosts Reception
The State of Qatar became a significant power with the launch of the global news media group, Al Jazeera Media Network.
Dependent long time upon fishing and pearl hunting, the Qatari economy changed completely and dramatically after oil was discovered in 1940.Currently Qatari citizens enjoys highest standard of living in the world. The State of Qatar is one of the states in the world which has no income tax. The unemployment rate hovers no higher than 0.1 percent.The State of Qatar is expected to invest more than 120 billion US dollars in the energy sector in the next 10 years. It is world's leading exporter of liquefied natural gas (LNG).
It national flag carrier, Qatar Airways, is one of the world's largest airlines. It links over 150 international destinations from its base in Doha.Qatar has developments plans for the future. Qatar's "National Vision 2030" is one of them. Investment in renewable resources is Qatar's major goal for the next two decades. Qatar is set to host the 22nd FIFA World Cup in 2022.Growing Ties between Doha and Seoul
The official ties between the State of Qatar and Republic of Korea started since 1974. However, the bilateral relations between Doha and Seoul began to develop since 1992 when Doha opened its embassy in Seoul.The mutual cooperation have been on the dramatic increase since the exchanges and visits of high-level officials and heads of states in recent years.As recently as in the middle of August, 2018, HE Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohamed bin Abdulrahman Al-Thani visited Seoul for talks with South Korean Premier Lee Nak-Yeon.Earlier in November 2014, His Highness The Amir Sheikh Tamim bin Hamad Al Thani made a two-day state visit to the Republic of Korea.Two months later Her Highness Sheikha Moza Bint Nasser visited Seoul for four days to attend global conference. H.H serves as chairwoman of Qatar Foundation for Education, Science and Community Development.The bilateral ties have been fast developing based on the mutual visits by each other's leaders and high-profile officials. A series of memorandums of understanding (MOUs) and agreements boosted the blossoming mutual ties.In this year, the State of Qatar imported some 435 million US dollars' worth of goods and products from the Republic of Korea. Main import items are vehicles, heavy construction equipment, and transformers.The State of Qatar exported $11.3 billion US dollars' worth of mostly energy products to the republic of Korea including liquefied Natural Gas (LNG), crude oil, and Naphtha.Currently, The State of Qatar is the biggest supplier of LNG to South Korea. Most of Qatar’s LNG carriers are made by South Korean shipbuilding companies.The State Of Qatar is also the fifth largest supplier of oil to South Korea. It is the eighth largest foreign construction market for South Korea.Some 50 South Korean companies are now operating in the State of Qatar mostly involved in the construction and energy areas.
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Ties between Doha and Seoul Fast Developing
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