Iran is aiming to significantly expand its non-oil trade with Qatar, targeting an annual turnover of $1 billion, according to Mohammad-Ali Dehghan Dehnavi, Iran’s Deputy Minister of Industry, Mines, and Trade, and Chairman of the Trade Development Organization.
Iran is aiming to significantly expand its non-oil trade with Qatar, targeting an annual turnover of $1 billion, according to Mohammad-Ali Dehghan Dehnavi, Iran’s Deputy Minister of Industry, Mines, and Trade, and Chairman of the Trade Development Organization. Speaking during a virtual meeting with Qatar’s Deputy Minister of Industry and Trade, Saleh Majid Al-Khulaifi, Dehnavi stressed the need for practical measures to enhance economic ties between the two nations.
Despite efforts from both sides, economic relations have yet to reach their full potential. Currently, Iranian exports to Qatar primarily consist of fruits and food products, which Dehnavi believes are insufficient to achieve the ambitious trade goal. He emphasized the need to address trade obstacles, streamline visa processes for Iranian businessmen, and simplify inspections in Qatar to foster growth.
Qatari Deputy Minister Al-Khulaifi acknowledged the challenges posed by strict customs regulations but assured efforts to accelerate the clearance of Iranian goods at Qatari ports and expedite visa issuance for Iranian traders. He expressed optimism that these measures would bring the trade turnover closer to the $1 billion target.
Recent data from the Iranian Customs Administration indicates that, during the first seven months of the current Iranian year (March 20–October 21, 2024), non-oil trade between the two nations amounted to 315,000 tons worth $174 million. Iran exported 281,000 tons of non-oil goods valued at $76.8 million to Qatar, while imports from Qatar totaled 33,600 tons worth $97.3 million.
Both sides agreed that overcoming small yet impactful trade-related barriers will be key to achieving their shared economic vision. As talks progress, the emphasis remains on creating a framework for sustained growth and closer bilateral ties.
Amazon AMZN.O is reportedly preparing to cut up to 30,000 corporate positions starting Tuesday, as part of a major cost-reduction effort aimed at corr...
Russia’s second-largest oil company, Lukoil LKOH.MM, announced on Monday that it plans to sell its international assets following U.S. sanctions imp...
Venezuelan Vice President and Oil Minister Delcy Rodriguez announced on Monday (October 27) that she will propose suspending a broad energy cooperatio...
Air travel chaos escalated across the United States on Monday as the federal government shutdown stretched into its 27th day, triggering widespread de...
Uzbek President Shavkat Mirziyoyev has met with U.S. President Donald Trump’s Special Envoy for South and Central Asia, Sergio Gor, to discuss prepa...
Iran's Minister of Road and Urban Development Farzaneh Sadegh has said that Iran and Russia are scheduled to sign a railway agreement next month in Moscow.
Russia’s Foreign Minister Sergei Lavrov has expressed his country’s agreement with Tehran’s plans to host the summit meeting of the Caspian Sea littoral states in 2026.
Iran’s Foreign Minister Abbas Araghchi has rejected the resumption of nuclear negotiations with the United States saying Washington is laying “excessive and illogical” conditions which have stalled the talks.
Tehran and Baghdad pledged to boost their security cooperation across all areas especially ratifying a security treaty signed by both countries in March 2023 and reinforcing border security.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Uzbek President Shavkat Mirziyoyev has met with U.S. President Donald Trump’s Special Envoy for South and Central Asia, Sergio Gor, to discuss preparations for next week’s planned C5+1 Leaders’ Summit in Washington.
Moldovan President Maia Sandu has warned that Russia is recalibrating its political strategy following recent regional elections and intends to continue interfering in political processes across multiple countries, including Moldova and Armenia, Caliber.Az reported, citing Moldovan media.
Armenia’s foreign minister says the presidents of Azerbaijan and Türkiye have been verbally invited to attend the 8th European Political Community summit due in Yerevan next spring.
Iran's Minister of Road and Urban Development Farzaneh Sadegh has said that Iran and Russia are scheduled to sign a railway agreement next month in Moscow.
Armenian Foreign Minister Ararat Mirzoyan has dismissed debate over who benefits more from recent agreements with Azerbaijan, calling the talks a mutual gain.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment