Since January 21, 1977, Nepal and Qatar have maintained robust diplomatic relations, marking a significant milestone in their bilateral ties.
The establishment of the Nepali Embassy in Qatar in 2000, followed by Qatar opening its embassy in Nepal in 2011, laid the groundwork for enhanced cooperation between the two nations.
Over the years, high-profile visits by leaders such as President Ram Baran Yadav and President Bidya Devi Bhandari have further solidified the bond between Nepal and Qatar.
The upcoming visit of Emir of Qatar Sheikh Tamim bin Hamad Al Thani on Baisakh 11-12 is eagerly anticipated. This visit is expected to strengthen ties, particularly in the realm of investment.
Coinciding with the government’s Investment Summit, the Emir’s presence hints at increased high-level engagements between Nepal and the Middle East.
Qatar’s remarkable transformation into a developed nation over the past three decades serves as an inspiration. Visionary leadership and strategic utilization of natural resources have propelled Qatar’s achievements, including successfully hosting the 2022 World Cup.
Despite challenges like the 2017 blockade, Qatar has demonstrated resilience by adopting policies focused on self-sufficiency, especially in food production. Notably, Baldana, a dairy company, not only met Qatar’s dairy needs but also expanded into exports, with a market valuation of 80 billion Nepalese rupees.
Qatar remains a crucial destination for Nepali labor, with annual remittances exceeding 1 billion. Over 350,000 Nepalis contribute to Qatar’s development. As Qatar seeks global investment diversification, Nepal stands ready to attract Qatari capital, particularly in ventures involving returned Nepali workers transitioning into entrepreneurship.
Moreover, collaboration in tourism and investment holds immense potential. Nepal’s scenic beauty and rich cultural heritage make it an attractive destination for Qatari investment in luxury tourism infrastructure, facilitated by agreements with the Investment Authority.
