Iran, Qatar can boost bilateral trade to $1b: Official
The annual trade between Iran and Qatar can reach $1 billion, announced the director of the International Affairs Department of the Ministry of Energy.
Mojtaba Akbari made the remark in the 9th meeting of the Iran-Qatar Joint Economic Cooperation Commission in Tehran on Saturday, adding that the amount of export of goods and equipment to Qatar from Iran is about $200 million a year, while Iran is doing its best to increase this amount it to $1 billion, IRNA reported.
According to the official, the annual joint commission meeting is being held to upgrade economic cooperation and constructive interaction between the two nations, which is attended by high-level representatives of executive authorities as well as the trade council of Iran and Qatar to deepen an amicable relationship.
The Joint Economic Cooperation Commission comprises four specialized committees, including the trade committee (commerce, industry, banking, customs, and insurance), the infrastructure committee (roads, urban planning, agriculture, information technology, communications, and labor sectors), social and cultural committee (tourism, handicrafts, health, science, research, and judicial system), and energy committee (water, wastewater, electricity, gas, and environment).