Emir Sheikh Tamim and Russia’s President Vladimir Putin discussed on Thursday, July 4 2024, ways to develop their countries’ relations during a meeting on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit in Astana.
Qatari state media reported that the meeting in the Kazakh capital focused “on the two countries’ relations and ways to promote and develop them in different spheres”.
Qatar, a US and major non-NATO ally, has emerged as an important alternative source of natural gas for Europe after the continent dramatically reduced its imports of Russian energy supplies, slapping sanctions in response to Ukraine’s war.
Despite its continuous criticism of the war in Ukraine, Qatar maintains good relations with Russia.
The Russian president also commended Qatar’s efforts in Gaza, calling Qatar “one of the most effective mediators in the Middle East crisis between Hamas and Israel.”
The Emir pledged to continue humanitarian efforts in both Gaza and Ukraine.
According to the Russian News Agency, Tass, the Emir of Qatar told Mr Putin that his country’s investments in the Russian economy stand at about $13 billion and that Doha is planning to “increase” those investments.
Qatar’s $300 billion sovereign wealth fund, the Qatar Investment Authority, owns about 19 per cent of Russian oil giant Rosneft and plans to continue investing in the country.
The 24th summit of the Council of Heads of State of the Shanghai Co-operation Organisation (SCO), chaired by Kazakhstan, kicked off Thursday, 4 July 2024, at the Palace of Independence in the capital.
