Tehran, Doha ink energy trade co-op document

At the end of the ninth Iran-Qatar Joint Economic Committee meeting on Monday, the two countries signed a comprehensive cooperation document in Tehran, the news portal of Iran’s Energy Ministry reported.

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, specialized training courses in the fields of water and water technologies, renewable energies have been 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 covers 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.

Qatar welcomes jump in economic ties with Iran Speaking at the closing ceremony of the Joint Economic Committee meeting, Qatar’s Minister of Commerce and Industry said that his country’s economic relations with Iran have had a great jump in recent years and the country welcomes such developments in relations with the Islamic Republic.

He called the ninth meeting an important opportunity for following up on agreements already reached between the two sides to expand their relations in trade, economic, and industrial fields.
The Qatari minister also said that the sustainable ties and mutual trust between Tehran and Doha show that they have deepened relations.
He meanwhile called for cooperation to overcome the challenges the two sides face.

Mehrabian for his part called for boosting bilateral relations in the energy sector, the development of renewable energy projects as well as the connection of the two countries’ power grids.