Iranian Foreign Minister Mohammad Javad Zarif and Qatar’s Economy Minister Sheikh Ahmed bin Jassim Al-Thani have discussed Tehran-Doha business relations in a meeting in Tehran.
During the Sunday talks, the two sides conferred on the latest situation of economic and trade ties between Iran and Qatar, and explored avenues for promoting them.
Zarif and the Qatari minister also underlined the need for removing barriers to expansion of business cooperation and facilitating the trade exchanges between the two countries.
Earlier in the day, Sheikh Ahmed also met Iranian Minister of Industry, Mine, and Trade Mohammad Shariatmadari.
Following the meeting, Shariatmadari said he has received a proposal from Qatar to increase the level of trade between the two countries by five folds.
Shariatmadari said the current level of annual trade between the two countries stood at below $1 billion, emphasizing that Doha had informed Tehran through Al-Thani about a proposal to increase this to as high as $5 billion per year.
The Iranian minister said Qatar was eager to expand ties with the Islamic Republic in all areas as a result of the current conditions that the Saudi-led blockade against it had created, according to a report by Iran’s IRNA news agency.