“Iran, Qatar should launch joint investment committee”

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi has proposed for launching a joint investment committee between the chambers of commerce of Iran and Qatar.

18 December 2023
ID : 45206
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President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi has proposed for launching a joint investment committee between the chambers of commerce of Iran and Qatar.

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture Hossein Selahvarzi (first from left) and President of Qatar Chamber of Commerce and Industry Sheikh Khalifa bin Jassim al-Thani are seen in a meeting in Doha, Qatar, December 17, 2023.

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi has proposed for launching a joint investment committee between the chambers of commerce of Iran and Qatar.

Selahvarzi made the proposal in a meeting in Doha with President of Qatar Chamber of Commerce and Industry Sheikh Khalifa bin Jassim al-Thani in response to a call by the Qatari side for making joint investments.  

The meeting was held on the sidelines of the 39th Meeting of the General Assembly of the Islamic Chamber of Commerce, Industry, and Agriculture (ICCIA) in the Qatari capital on Sunday.

Speaking during the meeting, the Qatari side said that the current $200 million trade between Iran and Qatar is not satisfactory and not proportionate with the capacities of the two neighboring countries.

Noting that 90% of the volume of trade between Iran and Qatar is Qatar’s imports from Iran, he said that “we would like the Iranian businesspeople to visit Qatar, so as to get familiar with the country’s industrial products and import different products from Qatar.”

The president of Iran Chamber of Commerce, for his part, said he agreed that the current trade between Iran and Qatar does not match the level of their political relations.

Given the existing potentials, it is not out of reach for the two countries to multiply bilateral trade, Selahvarzi said.  

He also stressed the need for balancing trade between Iran and Qatar and stressed that the Iranian companies can receive part of their needs and raw materials from the Qatari companies.

The Qatari side said in the meantime that a delegation from Qatar Chamber of Commerce and Industry is scheduled to visit Iran in February.

Selahvarzi welcomed the upcoming visit to Iran by the Qatari delegation and said that Iran Chamber of Commerce is ready to hold a joint business forum simultaneous with the presence of the Qatari delegation in Tehran.

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