World, Middle East

Iran, Qatar sign deal to boost economic cooperation

This comes at end of 7th Iran-Qatar Joint Economic Commission meeting

Mohamed Abdullah   | 25.11.2020
Iran, Qatar sign deal to boost economic cooperation

TEHRAN, Iran 

Iran and Qatar signed a memorandum of understanding (MoU) to boost economic cooperation in a variety of fields, local media reported on Tuesday.

The MoU was signed at the end of the seventh meeting of the Iran-Qatar Joint Economic Commission held in the Iranian city of Isfahan.

According to the Mehr News Agency, both countries agreed to form a joint trade working group and trade centers between the private sectors of the two countries.

The MoU stipulates appointing trade consultants in their embassies in Doha and Tehran as well as to benefit from their ports to boost exports and imports between them.

The agreement also covered different areas of cooperation -- including energy, water, gas, communications and information technology.


*Ahmed Asmar in Ankara contributed to this report​​​​​

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