H.E. Sultan Bin Rashid Al Khater, undersecretary of the ministry of trade and industry, said The State of Qatar has strengthened its economic openness and created an ideal environment for business and investment, through legislative, regulatory and institutional mechanisms in various sectors. "Qatar has moved towards accelerating the implementation of initiatives and projects aimed at enhancing its economic openness and supporting its position as an ideal destination for business and investment by developing and issuing stimulating legislation for the private sector and foreign investment such as the Non-Qatari Capital Investment Regulation Act and the Investment Free Zones Act, which allow foreign investors to own 100%," said H.E. undersecretary of the ministry of commerce and industry, during a meeting with a delegation of a U.S. trade mission currently visiting the country. He added that the State has also worked to allow individuals and non-Qatari commercial companies to own real estate in several vital economic and tourism areas of the state, in addition to passing a law to regulate the partnership between the government and private sectors, with the aim of increasing the contribution of private sector companies in the implementation, construction, financing, operation and management of development projects of the State. In this regard, he called on U.S companies to take advantage of this legislation and make more investments in the Qatari market. The U.S. delegation to the meeting included representatives from 10 major U.S. companies specializing in the oil and gas, energy, information technology, health technology, education, security services, engineering and advisory services sectors. During the meeting, trade, industrial and investment relations between the State of Qatar and the United States were discussed and ways to develop them in light of the close ties between the two friendly countries. The meeting also saw the presentation of a visual presentation to the investment promotion agency, in which promising investment opportunities in the State of Qatar were reviewed for various U.S. companies, and potential investors were introduced to the country's business platforms. The State of Qatar and the United States of America have close economic and trade relations that have had a positive impact on the volume of trade between the two countries, which in 2021 amounted to about US$5.4 billion.