Iran exports to Qatar up 60%

ايران و قطر

Tehran (ISNA) - Iran exported 737,500 tons of non-oil goods worth $67.5 million to Qatar during the five months to August 22, registering 30.8% and 60.57% growth in terms of volume and the value respectively compared to the same period last year.

Islamic Republic of Iran Customs Administration’s daily trade data show significant growth in the value of exports to the neighboring Arab emirate since June when Saudi Arabia, the UAE, Bahrain and Egypt severed diplomatic ties and cut land, sea and air links with the tiny nation, Financial Tribune reported.

Iranian businesses, especially in the food sector have been striving to expand ties with the Qataris following the rift engineered by the regime in Saudi Arabia.

IRICA data show that about $24.6 million worth of goods, mostly food products, were exported to the country during the Iranian month to August 22. The figure was $20 million in the earlier month – a sign that Iran is in fact gradually gaining a foothold in the small country.

Qatar said on Wednesday it was returning its ambassador to Tehran, nearly 20 months after it downgraded relations with Iran in a show of solidarity with Saudi Arabia.

Doha also expressed its desire to forge Tehran relations in "all fields", in a statement published on the website of the Qatari Foreign Ministry.

It has recently facilitated business trips for Iranian businesses by issuing six-month visas.

Qatar’s Chamber of Commerce also expressed readiness to act as a bridge between Iranian businesses and their Qatari counterparts and help boost ties between the private sectors of the two countries.

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