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Iran Qatar discuss expansion of trade ties

· 3 min read

Iran, Qatar discuss expansion of trade ties

TEHRAN- During a meeting between Iran’s Energy Minister Abbas Aliabadi and Qatar’s Ambassador to Iran Saad Abdullah Saad Al Mahmoud Al Shareef, at the place of the ministry in Tehran, the two sides discuss the ways to expand economic and trade ties between the two countries.

Iran, Qatar discuss expansion of trade ties

In this meeting, the Iranian minister emphasized the implementation of the economic cooperation documents signed by the two sides and offering necessary facilities to the traders and those active in the economy sector.

Addressing the same meeting, Reza Jabari, an Iranian MP and also the chairman of Iran-Qatar Friendship Group, referred to the scientific, technical and economic potential and capacities of Iran and called for the facilitation of the relation between Iranian and Qatari traders.

In the meeting, which was mainly on the issue of holding the 10th Iran-Qatar Economic Cooperation Conference, three issues of “Planning for holding this conference in Doha”, “Expanding economic cooperation between the two countries and establishing necessary infrastructure”, and “Expediting the project of synchronizing the two countries’ power networks” were emphasized.

The 10th Iran-Qatar Economic Cooperation Conference is planned to be held in Doha during December 10-12.

Back in May, Aliabadi, who was Iran's minister of industry, mining, and trade at that time, and Assistant Undersecretary for Commerce Affairs at the Ministry of Commerce and Industry of Qatar Saleh bin Majed Al-Khulaifi met and stressed broadening economic and investment ties between the two countries.

Aliabadi held talks with Al-Khulaifi at the 6th Export Potential Exhibition of the Islamic Republic of Iran, also known as Iran Expo 2024, in Tehran.

Describing the presence of Qatar in Iran Expo 2024 as an opportunity to learn more about Iran's export capabilities, the Iranian minister highlighted Iran's significant progress in technical and engineering services, which could potentially aid Qatar with repairing turbines and complex machinery.

Additionally, the official expressed Iran's willingness to cooperate with Qatar in various industrial, agricultural, and industrial fields.

Iran and Qatar signed a comprehensive cooperation document at the end of the ninth Iran-Qatar Joint Economic Committee meeting in Tehran on December 11, 2023.

The document was signed by Iran’s Energy Minister Ali-Akbar Mehrabian and Qatar’s Minister of Commerce and Industry Sheikh Mohammed bin Hamad bin Qassim Al Abdullah Al Thani as the heads of the Joint Economic Committee.

In the mentioned document, cooperation in the fields of energy (water and wastewater, electricity, oil, gas, and environment), exchanging experiences and technical knowledge, holding events, including exhibitions, and specialized training courses in the fields of water and water technologies, and renewable energies were emphasized.

Exchanging private sector delegations active in the fields of consulting, contracting, and industries, production of equipment related to the electricity industry, and the readiness of the environmental organizations of the two countries to expand relations have also been covered in the document.

The document also covered cooperation in other fields including banking, insurance, customs, national development funds, technical and engineering services, trade, industries and mines, free zones, investment, and standards.

Cooperation in the fields of transportation, communication and information technology, agriculture, judicial, legal, labor, and border are also among the axes of this cooperation document.

MA

source: tehrantimes.com