Iran, Qatar review ways to promote trade cooperation
Iran and Qatar emphasized the necessity of promoting monetary, banking and financial cooperation between the two countries.
Governor of Central Bank of Iran, Mohammad Reza Farzin, who traveled to Qatar on Wednesday, said that promoting monetary, banking and financial cooperation would pave the way for the expansion of trade exchanges between Tehran and Doha.
Farzin made the remarks in a meeting with his Qatari counterpart Sheikh Bandar bin Mohammed bin Saoud Al Thani.
Given the economic capacities which exist in both countries, strengthening the bilateral and multilateral banking relations is on the agenda, Farzin said.
“With the development of monetary and banking relations between Tehran and Doha, the volume of trade between the two countries will grow significantly. Accordingly, the relevant cooperation should be increased more rapidly and, to realize this goal, it is necessary to pay attention to all capacities,” the Iranian official said.
The chiefs of the central banks of Iran and Qatar also emphasized the use of financial platforms and companies active in the monetary and banking spheres in order to achieve the economic and commercial goals of both sides.