Tehran-Doha trade up 41% in 2 months

Iran’s commercial envoy to Qatar said the trade and economic ties between the two countries in the first two months of the current Iranian calendar year registered a 41 percent growth compared to last year.

Abbas Abdolkhani said the trade relations between the two countries stood at the trajectory of growth in the first two months of the current Iranian year.

Agricultural and food products, aquatics, dried nuts, carpets, and construction materials were among the main products exported from Iran to Qatar in this period, he stated.

Abdolkhani stressed the need for the expansion and development of trade and economic relations between the two countries, especially given the good political relations between the two countries.

He went on to say that high-ranking officials of the two countries are determined to expand the relations in the fields of trade and economy.

The commercial envoy pointed to the neighborly advantage and vicinity between the two countries and pointed out that the geographical proximity can reduce transport costs.

Iran possesses diverse natural resources and agricultural productions, and Qatar has a dynamic consumable market, he said, noting that it makes the two countries complementary in the development and expansion of trade and economic relations.

Back in May, Iran's Minister of Industry, Mining, and Trade Abbas Aliabadi, 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, Aliabadi highlighted Iran's significant progress in technical and engineering services, which could potentially aid Qatar with repairing turbines and complex machinery.

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

Meanwhile, Al-Khulaifi pointed to Iran and Qatar's joint Economic Committee meeting, noting that the relevant articles in the Iran-Qatar Committee will be reviewed and the result will then be announced to the Iranian side by Qatar’s ambassador to Iran.

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.

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