Iran, Qatar sign world's largest saffron trade agreement

Published 2022년 9월 19일

Tridge summary

A recent meeting between Qatar's Finance Minister, Ali bin Ahmed Al Kuwari, and Iran's Ambassador to Doha, Hamidreza Dehghani, resulted in a significant agreement aimed at strengthening the trade relations between their countries. This encounter, marked by the presence of key officials and businesspeople from both nations, saw Qatar expressing its support for Iran and proposing collaboration in saffron processing to international standards. In response, the Iranian ambassador advocated for the enhancement of Tehran-Doha economic ties. The meeting concluded with the finalization of a substantial commercial contract worth $300 million for the transfer and processing of 200 tons of Iranian saffron, with the first shipment scheduled for October 1, 2022. This development underscores the growing economic engagement between Qatar and Iran, marking a milestone in their bilateral trade relations.

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Original content

The agreement was reached during the meeting of Qatari Minister of Finance Ali bin Ahmed Al Kuwari with Iran’s Ambassador to Doha Hamidreza Dehghani.In the meeting, which was attended by some officials and businessmen of the two countries, Qatar's finance minister emphasized his country's support for trade relations with Iran and added that Qatar is ready to cooperate with the Islamic Republic of Iran in the field of saffron processing according to international standards.The Iranian ambassador, for his part, called for the development of Tehran-Doha economic relations.Following this meeting, a commercial contract for the transfer and processing of 200 ...

Source: Mehrnews