TEHRAN - 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.

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.

EF/